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Issue and listing of Class B, D, E and G Preference Shares
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Class B Preference Shares Series number JSE Code ISIN
Ecsponent Pref Share B11 11 ECSB11 ZAE000258844
Ecsponent Pref Share B12 12 ECSB12 ZAE000263257
Class D Preference Shares JSE Code ISIN
Ecsponent Pref Share D3 3 ECSD3 ZAE000258851
Ecsponent Pref Share D4 4 ECSD4 ZAE000263265
Class E Preference Shares JSE Code ISIN
Ecsponent Pref Share E3 3 ECSE3 ZAE000258869
Ecsponent Pref Share E4 4 ECSE4 ZAE000263281
Class G Preference Shares JSE Code ISIN
Ecsponent Pref Share G2 2 ECSG2 ZAE000258877
Issue and listing of Class B, D, E and G Preference Shares under the ZAR5,000,000,000 Preference Share
Programme
The Company is pleased to announce that the preference shares summarised in the table below will be issued
and listed as detailed in the table.
Following the issuance, the total preference shares in issue are as follows:
• Class A Preference Shares: An aggregate nominal amount of R75 803 999.12 (comprising R5 420 099.12 issued in
terms of Series 1; R23 486 000.00 issued in terms of Series 2, R4 766 000.00 issued in terms of Series 3,
R9 365 900.00 issued in terms of Series 4 and R32 766 000.00 issued in terms of Series 5).
• Class B Preference Shares: An aggregate nominal amount of R434 625 000.00 (comprising R6 868 000.00 issued in
terms of Series 1; R46 166 000.00 issued in terms of Series 2, R36 949 200.00 issued in terms of Series 3, R11 455
700.00 issued in terms of Series 4, R24 341 600.00 issued in terms of Series 5, R37 566 700.00 issued in terms of
Series 6, R48 153 600.00 issued in terms of Series 7, R44 007 800.00 issued in terms of Series 8, R52 118 000.00 in
terms of Series 9, R50 248 800.00 in terms of Series 10, R64 162 600.00 in terms of Series 11 and R12 587 000 in
terms of Series 12).
• Class C Preference Shares: An aggregate nominal amount of R734 451 400.00 (comprising R24 710 000.00 issued
in terms of Series 1; R117 517 000.00 issued in terms of Series 2, R118 001 600.00 issued in terms of Series 3,
R74 706 300.00 issued in terms of Series 4, R117 198 900.00 issued in terms of Series 5, R134 581 900.00 issued in
terms of Series 6, R102 115 700.00 issued in terms of Series 7 and R45 620 000.00 issued in terms of Series 8).
• Class D Preference Shares: An aggregate nominal amount of R200 032 500.00 (comprising R42 540 000.00 issued
in terms of Series 1, R67 702 500.00 issued in terms of Series 2, R81 790 000.00 issued in terms of Series 3 and
R8 000 000 in terms of Series 4).
• Class E Preference Shares: An aggregate nominal amount of R127 955 000.00 (comprising R48 683 000.00 issued
in terms of Series 1, R32 009 000.00 issued in terms of Series 2, R44 963 000 000.00 issued in terms of Series 3 and
R2 300 000 in terms of Series 4).
• Class G Preference Shares: An aggregate nominal amount of R3 881 000.00 (comprising R2 831 000.00 issued in
terms of Series 1, R1 000 000 issued in terms of Series 2 and R50 000.00 issued in terms of Series 3).
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref
Share B 11 Share B12 Share D3 Share D4
Type of issue Tap issue Tap issue Tap issue Tap issue
Number of Preference Shares 114 800 122 870 170 500 10 000
Nominal amount of this Tranche R11 480 000 R12 287 000 R17 050 000 R1 000 000
Issue Price per Preference Share R100 R100 R100 R100
Issue and Listing date 6 November 2018 6 November 2018 6 November 2018 6 November 2018
Dividend Commencement Date(s) N/A N/A 9 October 2018 16 October 2018
Dividend Rate N/A N/A 12.5% per annum, payable 12.5%, per annum, payable
monthly in arrears monthly in arrears
Implied yield 10.66 percent per annum (nacm) 10.66 percent per annum (nacm) N/A N/A
First dividend payment date N/A N/A 12 November 2018 12 November 2018
Dividend periods N/A N/A Monthly Monthly
Any other items relating to the N/A N/A Actual / 365 Actual / 365
particular method of calculating
dividends
Redemption Record Date 9 June 2023 13 October 2023 9 June 2023 13 October 2023
Redemption Amount R170 R100 R100 R100
Redemption Payment Date 12 June 2023 16 October 2023 12 June 2023 16 October 2023
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref
Share E3 Share E4 Share G2
Type of issue Tap issue Tap issue Tap issue
Number of Preference Shares 88 040 22 000 2 500
Nominal amount of this Tranche R8 804 000 R2 200 000 R250 000
Issue Price per Preference Share R100 R100 R100
Issue and Listing date 6 November 2018 6 November 2018 6 November 2018
Dividend Commencement Date(s) 9 October 2018 16 October 2018 9 October 2018
Dividend Rate 11.25% per annum, payable 11.25% per annum, payable 10% percent, per annum, payable
monthly in arrears monthly in arrears monthly in arrears
Implied yield N/A N/A N/A
First dividend payment date 12 November 2018 12 November 2018 12 November 2018
Dividend periods Monthly Monthly Monthly
Any other items relating to the Actual / 365 Actual / 365 Actual / 365
particular method of calculating
dividends
Redemption Record Date 9 June 2023 13 October 2023 7 July 2023
Redemption Amount R100 R100 R100
Redemption Payment Date 12 June 2023 16 October 2023 10 July 2023
The total authorised amount of R5,000,000,000 under the Programme Memorandum has not been exceeded
Dividend Record and Payment Dates in respect of Preference Shares D3. D4, E3. E4 and G2:
Declaration and finalisation announcements will be released on SENS, in compliance with Schedule 4 Form A5 of the JSE Listings Requirements.
Other relevant information in respect of Preference Shares D3, D4, E3, E4 and G2:
The Company shall be entitled to an administration fee in respect of the Class D, Class E and Class G Preference Shares of 0.25% per annum on the Initial Issue
Price, inclusive of VAT, payable monthly in arrears on the Monthly Dividend Payment Dates.
The administration fee is subject to the Value-Added Tax Act of 1991. The Company has the right to recover the monthly administration fee, from the monthly
Preference Share dividend (plus the applicable VAT thereon)
For and on behalf of ECSPONENT LIMITED
5 November 2018
Sponsor
Questco Corporate Advisory (Pty) Ltd
Date: 05/11/2018 08:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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