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ECSPONENT LIMITED - Results of the General Meeting, Salient Dates and Name Reservations

Release Date: 10/09/2020 13:36
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Results of the General Meeting, Salient Dates and Name Reservations

Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Debt Issuer Code: ECSD
Hybrid Issuer Code: ECSH

 Notes                         Series number    JSE Code            ISIN
 Fixed Rate Notes              1                ECSFX1              ZAE000265393
                               2                ECSFX2              ZAE000266813
                               3                ECSFX3              ZAE000266821
                               4                ECSFX4              ZAE000275566
                               5                ECSFX5              ZAE000275574
                               6                ECSFX6              ZAE000275582
 Floating Rate Notes           1                ECSFL1              ZAE000265401
                               2                ECSFL2              ZAE000275616
 Zero Coupon Notes             1                ECSZR1              ZAE000265401
                               2                ECSZR2              ZAE000275607

(“the Company” or “Ecsponent”)



Further to the Circular distributed to the Company’s Shareholders on 12 August 2020, and using the terms
defined therein, unless otherwise stated, Security Holders and holders of notes (issued by the Company in
terms of its Domestic Medium Term Note) are advised that the Resolutions set out below were approved by
the requisite majority of votes at the General Meeting of the Company’s Ordinary Shareholders held today, 10
September 2020.

The total number of Ordinary Shares in issue is 50,623,642,721 shares, of which 21,989,429,703 shares
were voted at the General Meeting, representing 43.44% of the total number of Ordinary Shares in issue.

 Resolutions                               Shares voted               Votes           Votes          Votes
                                                                  Abstained             For         Against
                                            Number        % (1)      % (1)            % (2)          % (2)
 Special resolution number 1:        20,885,133,825       41.26         2.18          88.54           11.46
 Approval of the Specific Issue in
 terms of the JSE Listings
 Special resolution number 2:        21,791,201,014       43.05          0.39          90.08           9.92
 Approval of the Company’s name
 to Afristrat Investment Holdings
 Limited (“Change of Name”)
 Ordinary resolution number 1        21,675,553,597       42.82          0.62          90.10           9.90
 Directors’ authorising resolution

1. As a percentage of total Ordinary Shares in issue.
2. As a percentage of Shares voted.


The salient      dates    and   times   relating    to      the   proposed      Change     of    Name       are   set    out


 Change of Name special resolution lodged with CIPC for registration                              Thursday, 10 September
 Expected date of receipt of CIPC registration of Change of Name special
 resolution                                                                                         Friday, 18 September
 Expected release on SENS of the finalisation announcement in respect of the
 Change of Name by 11:00                                                                           Monday, 21 September
 Expected publication in the press of the finalisation announcement in respect
 of the Change of Name                                                                            Tuesday, 22 September
 Expected last day to trade prior to the Change of Name becoming effective
                                                                                                  Tuesday, 29 September
 Expected termination date for trading under the name of “Ecsponent Limited” and
 commencement of trading under the new name “Afristrat Investment Holdings Limited”,
 under share code “ATI”, short name “Afristrat” and ISIN ZAE000287587 from the
 commencement of trade                                                                          Wednesday, 30 September
 Expected record date for the Change of Name                                                          Friday, 2 October
 Expected date that the accounts of dematerialised shareholders with their CSDPs or
 Brokers will be updated with the new name                                                            Monday, 5 October
 Expected date that new share certificates will be issued to certificated
 shareholders, posted by registered post, at their risk                                               Monday, 5 October

The above dates and times are subject to change. Any such change will be released on SENS.
Shareholders may not dematerialise or rematerialise their share certificates between Tuesday, 29 September
2020 and Friday, 2 October 2020, both dates inclusive.


The JSE has approved the following changes for all Ecsponent instruments:

                    CURRENT                                                         NEW
 Instrument      JSE Code ISIN                     JSE Code        Short form     Long form                   ISIN
 ORDINARY        ECS      ZAE000179594             ATI             AFRISTRAT      Afristrat Ordinary          ZAE000287587
 SHARES                                                                           Shares

 Class D         ECSD      ZAE000287173            ATID            ATIPrefD       Afristrat D Pref Shares     ZAE000288882
 Class G         ECSG      ZAE000287199            ATIG            ATIPrefG       Afristrat G Pref Shares     ZAE000288890

 Fixed 9%
 Series 1        ECSFX1     ZAE000265393           ATIFX1          ATIFIXN1       Afristrat Fixed Rate        ZAE000288908
                                                                                  Notes X1
 Series 4        ECSFX4     ZAE000275566           ATIFX4          ATIFIXN4       Afristrat Fixed Rate        ZAE000288916
                                                                                  Notes X4
 Fixed 10%
 Series 2        ECSFX2     ZAE000266813           ATIFX2          ATIFIXN2       Afristrat Fixed Rate        ZAE000288924
                                                                                  Notes X2
 Series 5        ECSFX5     ZAE000275574           ATIFX5          ATIFIXN5       Afristrat Fixed Rate        ZAE000288932
                                                                                  Notes X5
 Fixed 12%
 Series 3        ECSFX3     ZAE000266821           ATIFX3          ATIFIXN3       Afristrat Fixed Rate        ZAE000288940
                                                                                  Notes X3
 Series 6        ECSFX6     ZAE000275582           ATIFX6          ATIFIXN6       Afristrat Fixed Rate        ZAE000288957
                                                                                  Notes X6
 Floating rate
 Series 1        ECSFL1     ZAE000265401           ATIFL1          ATIFLON1       Afristrat Floating Rate     ZAE000288965
 Series 2        ECSFL2     ZAE000275616           ATIFL2          ATIFLON2       Afristrat Floating Rate     ZAE000288973
 Zero Coupon
 Series 1        ECSZR1    ZAE000265419            ATIZR1          ATIZERO1       Afristrat Zero Rate         ZAE000288981
                                                                                  Notes ZR1
 Series 2        ECSZR2    ZAE000275607            ATIZR2          ATIZERO2       Afristrat Zero Rate         ZAE000288999
                                                                                  Notes ZR2

For more information about this announcement or the Ecsponent group, email or visit

10 September 2020

Sponsor and Transaction Sponsor to Ecsponent
Questco Corporate Advisory Proprietary Limited

Date: 10-09-2020 01:36:00
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