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ECSPONENT LIMITED - Voluntary Announcement Regarding Institutional Funding

Release Date: 19/07/2018 17:30
Wrap Text
Voluntary Announcement Regarding Institutional Funding

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Debt Issuer Code: ECSP
(“Ecsponent” or “the Company”)

VOLUNTARY ANNOUNCEMENT REGARDING INSTITUTIONAL FUNDING

The Board of Directors is pleased to advise shareholders that the Company has secured, through its
wholly owned subsidiary, Ecsponent Limited, incorporated in the Republic of Botswana, debt funding
in an amount of USD 5 million (ZAR 67.3 million as of the date of this announcement) on market related
terms from Norsad Finance Limited.

The US dollar-based funding will be deployed to expand Ecsponent’s growing investment operations
outside South Africa.

Visit the Company’s website, www.ecsponent.com for more information on Ecsponent.


Pretoria
19 July 2018
Sponsor and Corporate Advisor
Questco Corporate Advisory (Pty) Ltd
and Questco (Pty) Ltd

Date: 19/07/2018 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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