Wrap Text
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
Debt Issuer Codes: ECSP and ECSD
(“the Company” or “Ecsponent”)
Class B Preference Shares Series number JSE Code ISIN
Ecsponent Pref Share B12 12 ECSB12 ZAE000263257
Ecsponent Pref Share B13 13 ECSB13 ZAE000268371
Class D Preference Shares
Ecsponent Pref Share D4 4 ECSD4 ZAE000263265
Ecsponent Pref Share D5 5 ECSD5 ZAE000268389
Class E Preference Shares
Ecsponent Pref Share E4 4 ECSE4 ZAE000263281
Class G Preference Shares
Ecsponent Pref Share G3 3 ECSG3 ZAE000263307
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 R491 024 600.00 (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, R65 096 600.00 in terms of Series 11, R55 601 600.00 in terms of Series 12 and
R12 451 000.00 in terms of Series 13).
• 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 R266 758 600.00 (comprising
R42 540 000.00 issued in terms of Series 1, R67 702 500.00 issued in terms of Series 2,
R83 590 000.00 issued in terms of Series 3, R68 426 100.00 in terms of Series 4 and R4 500 000.00
in terms of Series 5).
• Class E Preference Shares: An aggregate nominal amount of R166 633 000.00 (comprising
R48 683 000.00 issued in terms of Series 1, R32 009 000.00 issued in terms of Series 2,
R45 963 000.00 issued in terms of Series 3, R39 728 000.00 in terms of Series 4 and R250 000.00 in
terms of Series 5).
• Class G Preference Shares: An aggregate nominal amount of R4 481 000.00 (comprising R2 831 000.00
issued in terms of Series 1, R1 350 000 issued in terms of Series 2 and R300 000.00 issued in terms of
Series 3).
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share B12 Share B13 Share D4 Share D5
Type of issue Tap issue Tap issue Tap issue Tap issue
Number of Preference Shares 101 165 123 510 22 000 15 000
Nominal amount of this R10 116 500 R12 351 000 R2 200 000 R1 500 000
Tranche
Issue Price per Preference R100 R100 R100 R100
Share
Issue and Listing date 5 March 2019 5 March 2019 5 March 2019 5 March 2019
Dividend Commencement N/A N/A 5 February 2019 5 February 2019
Date(s)
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 10.66 percent per annum N/A N/A
(nacm) (nacm)
First dividend payment date N/A N/A 11 March 2019 11 March 2019
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 13 October 2023 2 February 2024 13 October 2023 2 February 2024
Redemption Amount R170 R170 R100 R100
Redemption Payment Date 16 October 2023 5 February 2024 16 October 2023 5 February 2024
Ecsponent Pref. Ecsponent Pref.
Share E4 Share G3
Type of issue Tap issue Tap issue
Number of Preference Shares 108 500 2 500
Nominal amount of this R10 850 000 R250 000
Tranche
Issue Price per Preference R100 R100
Share
Issue and Listing date 5 March 2019 5 March 2019
Dividend Commencement 5 February 2019 5 February 2019
Date(s)
Dividend Rate 11.25%, per annum, payable 10%, per annum, payable
monthly in arrears monthly in arrears
Implied yield N/A N/A
First dividend payment date 11 March 2019 11 March 2019
Dividend periods Monthly Monthly
Any other items relating to the Actual / 365 Actual / 365
particular method of calculating
dividends
Redemption Record Date 13 October 2023 13 October 2023
Redemption Amount R100 R100
Redemption Payment Date 16 October 2023 16 October 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 D4, D5, E4 and G3:
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 D4, D5, E4 and G3:
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 more information about this announcement or the Ecsponent group, email:
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations
4 March 2019
Pretoria
Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd
Date: 04/03/2019 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
