ECS 201409010059A
Change of Sponsor
ECSPONENT LIMITED
(Previously John Daniel Holdings Limited)
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS - ISIN: ZAE000179594
("Ecsponent" or "the Company")
CHANGE OF SPONSOR
Shareholders are advised that, following the recent restructure of Ecsponent
and appointment of Questco Proprietary Limited (“Questco”) as the Company’s debt sponsor,
a decision has been taken to also appoint Questco as the Company’s Sponsor.
This appointment will take effect from 1 September 2014.
Accordingly, Arcay Moela Sponsors Proprietary Limited (“Arcay”) has resigned as
Ecsponent’s sponsor with effect from 31 August 2014 and wishes the board and restructured
group success in its new direction and initiatives. Arcay will continue as transaction sponsor
in terms of the recently announced Rights Offer until the Rights Offer results are announced
on SENS.
1 September 2014
Sponsor
Arcay Moela Sponsors Proprietary Limited
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