Update on preference shares position and R200 million debt to equity conversion

PRESS RELEASE ECSPONENT ANNOUNCES INDICATIVE AMENDMENTS TO PREFERENCE SHARE TERMS TO AVOID COMPULSORY CONVERSION TO ORDINARY SHARES R200 MILLION RECAPITALISATION NEGOTIATIONS UNDERWAY TO REDUCE BALANCE SHEET DEBT BY 30% 03 March 2020. Pretoria. JSE-listed Africa financial services group Ecsponent Limited (“Ecsponent” or “the Company” or “the Group”) announced further details on its undertaking to explore…