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…

Ecsponent Financial Services Blog financial services news advice

Hindsight is 2020

Can we agree that 2019 was not an easy year for anyone? As we head into the new year, with the possibility of continued load-shedding looming over our work and home lives, it is wise to remember that effective planning for electricity outages is like planning for retirement: we have to accept that difficult times…