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Issue and listing of Class B, D and E 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 B13 13 ECSB13 ZAE000268371
Ecsponent Pref Share B14 14 ECSB14 ZAE000273157
Class D Preference Shares
Ecsponent Pref Share D5 5 ECSD5 ZAE000268389
Ecsponent Pref Share D6 6 ECSD6 ZAE000273140
Class E Preference Shares
Ecsponent Pref Share E5 5 ECSE5 ZAE000268363
Issue and listing of Class B, D AND E 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 R551 451 500.00 (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 issued in terms of Series 9,
R50 248 800.00 issued in terms of Series 10, R65 096 600.00 issued in terms of Series 11,
R55 601 600.00 issued in terms of Series 12, R59 111 900.00 issued in terms of Series 13 and
R13 766 000 issued in terms of Series 14).
• 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 R333 021 600.00 (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 issued in terms of Series 4,
R57 763 000.00 issued in terms of Series 5 and R13 000 000.00 issued in terms of Series 6).
• Class E Preference Shares: An aggregate nominal amount of R198 143 000.00 (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 issued in terms of Series 4,
R31 160 000.00 issued in terms of Series 5 and R600 000.00 issued in terms of Series 6).
• Class G Preference Shares: An aggregate nominal amount of R5 076 200.00 (comprising R2 831 000.00
issued in terms of Series 1, R1 350 000 issued in terms of Series 2 and R895 200.00 issued in terms of
Series 3).
Ecsponent Pref. Ecsponent Pref. Ecsponent Pref.
Share B13 Share B14 Share D5
Type of issue Tap Tap Tap
Number of Preference 23 237 75 660 16 130
Shares
Nominal amount of this R2 323 700 R7 566 000 R1 613 000
Tranche
Issue Price per Preference R100 R100 R100
Share
Issue and listing date 9 July 2019 9 July 2019 9 July 2019
Dividend Commencement N/A N/A 11 June 2019
Date
Dividend Rate N/A N/A 12.5% per annum, payable
monthly in arrears
Implied yield 10.66% per annum 10.66% per annum N/A
(nacm) (nacm)
First Dividend Payment N/A N/A 15 July 2019
Date
Dividend periods N/A N/A Monthly
Any other items relating to N/A N/A Actual / 365
the particular method of
calculating dividend
Redemption Record Date 2 February 2024 7 June 2024 2 February 2024
Redemption Amount R170 R170 R100
Redemption Payment Date 5 February 2024 10 June 2024 5 February 2024
Ecsponent Pref. Ecsponent Pref. Share
Share D6 E5
Type of issue Tap Tap
Number of Preference 120 000 77 100
Shares
Nominal amount of this R12 000 000 R7 710 000
Tranche
Issue Price per Preference R100 R100
Share
Issue and listing date 9 July 2019 9 July 2019
Dividend Commencement 11 June 2019 11 June 2019
Date
Dividend Rate 12.5% per annum, 11.25% per annum,
payable monthly in payable monthly in arrears
arrears
Implied yield N/A N/A
First Dividend Payment 15 July 2019 15 July 2019
Date
Dividend periods Monthly Monthly
Any other items relating to Actual / 365 Actual / 365
the particular method of
calculating dividend
Redemption Record Date 7 June 2024 2 February 2024
Redemption Amount R100 R100
Redemption Payment Date 10 June 2024 5 February 2014
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 D5, D6 and E5:
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 D5, D6 and E5:
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
8 July 2019
Pretoria
Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd
Date: 08/07/2019 10:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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