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ECSPONENT LIMITED - Change in beneficial interest in securities and share dealing by an associate of a director

Release Date: 19/12/2018 07:06
Wrap Text
Change in beneficial interest in securities and share dealing by an associate of a director

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

CHANGE IN BENEFICIAL INTEREST IN SECURITIES AND SHARE DEALING BY AN ASSOCIATE OF A
DIRECTOR

Shareholders are hereby notified, in accordance with paragraph 3.83(b) of the Listings Requirements
of the JSE Limited (“JSE LR”), that the Company has received notification, in the prescribed form,
from MHMK Group Proprietary Limited (previously Mason Alexander Proprietary Limited) (“MHMK
Group”) has increased its beneficial interest in the Company to 56.6%.

In compliance with paragraph 3.63 of the JSE LR, shareholders are advised of the following
information relating to the dealings in securities by an associate of a director of the Company:


Name of director:                              G Manyere (Non-executive)
Company:                                       Ecsponent Limited
Name of associate:                             MHMK Group
Relationship to director:                      MHMK Group is wholly owned by a discretionary family
                                               trust settled by Mr. G Manyere, for the benefit of his
                                               minor children
Nature of transaction:                         Off-market purchase
Number of shares:                              26 050 916
Class of securities                            Ordinary shares
Price per share:                               R0.34
Value of transaction:                          R8 857 311.44
Date of transaction:                           10 December 2018

As required in terms of section 122(3)(a) of the Act, Ecsponent has filed the required notices with
the Takeover Regulation Panel.


Pretoria
18 December 2018

Sponsor
Questco Proprietary Limited

Date: 19/12/2018 07:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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