To view the PDF file, sign up for a MySharenet subscription.

ECSPONENT LIMITED - Issue and listing of new series preference shares

Release Date: 03/06/2019 08:35
Code(s): ECS ECSE6 ECSD6 ECSB14     PDF:  
 
Wrap Text
Issue and listing of new series 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”)

  Ecsponent Pref. Share B14                                Ecsponent Pref Share D6
  Short Name: ECSPB14                                      Short Name: ECSP
  JSE Code: ECSB14                                         JSE Code: ECSD6
  Tranche 1, Series 14                                     Tranche 1, Series 6
  ISIN: ZAE000273157                                       ISIN: ZAE000273140

  Ecsponent Pref Share E6
  Short Name: ECSPE
  JSE Code: ECSE6
  Tranche 1, Series 6
  ISIN: ZAE000273132

Issue and listing of Series 14 Class B, Series 6 Class D and Series 6 Class E Preference shares and
Dividend Dates

The Company is pleased to announce that it proposes to list the following new series under the
ZAR5,000,000,000 Preference Share Programme on Friday, 11 June 2019, the details of which are
summarised below:

                                Ecsponent Pref Share         Ecsponent Pref Share              Ecsponent Pref.
                                                 B14                           D6                    Share E6
  Issuer price per                              R100                         R100                        R100
  Preference Share:
  Listing date:                         11 June 2019                 11 June 2019                11 June 2019
  Dividend rate:                   10.66 percent per              12.5% per annum,           11.25% per annum,
                                         annum (nacm)          payable monthly in          payable monthly in
                                                                          arrears                     arrears

  Redemption Record Date:                7 June 2024                  7 June 2024                 7 June 2024

  Redemption amount per                         R170                         R100                        R100
  Preference Share:

  Redemption Payment                    10 June 2024                 10 June 2024                 10 June 2024
  Date

The listings are subject to the submission of the final signed applicable pricing supplements relating thereto
and formal approval thereof by the JSE.

Full details of the listings will be announced prior to the listing date.

Dividend dates:
Relevant dates in relation to dividend payments in respect of the Series 6 Class D and Series 6 Class E
Preference Shares are set out below:

 Dividend announcement                                                                   Thursday, 25 June 2019
 Last day to trade to appear in the register on the Record Date:                           Tuesday, 9 July 2019
 Preference Shares start trading ex-dividend:                                           Wednesday, 10 July 2019
 Record Date:                                                                              Friday, 12 July 2019
 Payment Date:                                                                             Monday, 15 July 2019

For more information about this announcement or the Ecsponent group, email
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations

3 June 2019
Pretoria

Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd

Date: 03/06/2019 08:35:00 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.

Email this JSE Sens Item to a Friend.

Share This Story