ECS, ECSD2, ECSE2,... : Default in respect of the payment of the February 2020 Monthly Preference Share Dividends:
ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
Debt Issuer Code: ECSD
("the Company" or "Ecsponent")
Class A Preference Shares Series Number JSE Code ISIN
Ecsponent Pref Share A2 2 ECSP4 ZAE000202495
Ecsponent Pref Share A3 3 ECSP7 ZAE000210480
Ecsponent Pref Share A4 4 ECSP10 ZAE000217196
Ecsponent Pref Share A5 5 ECSP13 ZAE000244844
Class C Preference Shares JSE Code ISIN
Ecsponent Pref Share C2 2 ECSP6 ZAE000202511
Ecsponent Pref Share C3 3 ECSP9 ZAE000210506
Ecsponent Pref Share C4 4 ECSP12 ZAE000218525
Ecsponent Pref Share C5 5 ECSP15 ZAE000222501
Ecsponent Pref Share C6 6 ECSP18 ZAE000231205
Ecsponent Pref Share C7 7 ECSP21 ZAE000241725
Ecsponent Pref Share C8 8 ECSP24 ZAE000246757
Class D Preference Shares JSE Code ISIN
Ecsponent Pref Share D1 1 ECSD1 ZAE000250148
Ecsponent Pref Share D2 2 ECSD2 ZAE000254389
Ecsponent Pref Share D3 3 ECSD3 ZAE000258851
Ecsponent Pref Share D4 4 ECSD4 ZAE000263265
Ecsponent Pref Share D5 5 ECSD5 ZAE000268389
Ecsponent Pref Share D6 6 ECSD6 ZAE000273140
Ecsponent Pref Share D7 7 ECSD7 ZAE000277620
Ecsponent Pref Share D8 8 ECSD8 ZAE000280291
Class E Preference Shares JSE Code ISIN
Ecsponent Pref Share E1 1 ECSE1 ZAE000250155
Ecsponent Pref Share E2 2 ECSE2 ZAE000254397
Ecsponent Pref Share E3 3 ECSE3 ZAE000258869
Ecsponent Pref Share E4 4 ECSE4 ZAE000263281
Ecsponent Pref Share E5 5 ECSE5 ZAE000268363
Ecsponent Pref Share E6 6 ECSE6 ZAE000273132
Ecsponent Pref Share E7 7 ECSE7 ZAE000280947
Class G Preference Shares JSE Code ISIN
Ecsponent Pref Share G1 1 ECSG1 ZAE000250163
Ecsponent Pref Share G2 2 ECSG2 ZAE000258877
Ecsponent Pref Share G3 3 ECSG3 ZAE000263307
Ecsponent Pref Share G4 4 ECSG4 ZAE000273124
DEFAULT IN RESPECT OF THE PAYMENT OF THE FEBRUARY 2020 MONTHLY PREFERENCE SHARE DIVIDENDS
Holders of Class A, Class C, Class D, Class E and Class G Preference Shares are referred to the following
announcements issued by the Company on the Stock Exchange News Service ("SENS"):
* dated 10 February 2010, which contained, inter alia, a cautionary announcement advising
shareholders to exercise caution when dealing in the Company's securities; and
* dated 11 February 2020 in which the Company provided an update on its capital restructure,
and are advised that the Company is unfortunately not in a position to pay the dividend obligations due to
them on 9 March 2020.
The Company continues to explore various options relating to the capital restructure of the preference
shares and/or alternative forms of funding and will release a further announcement in this regard as soon
as possible.
For more information about this announcement or the Ecsponent group, email
investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations
21 February 2020
Pretoria
Sponsor to Ecsponent
Questco Corporate Advisory (Pty) Ltd
Date: 21-02-2020 05:44:00
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