ASCENDIS HEALTH LIMITED - Dealings in securities by associates of a director

Dealings in securities by associates of a director

Ascendis Health Limited
(Registration number 2008/005856/06)
(Incorporated in the Republic of South Africa)
Share code: ASC
ISIN: ZAE000185005
(“Ascendis” or “the Company”)


Dealings in securities by associates of a director


In terms of paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information, relating to dealings in securities by associates of a director, is disclosed:

Name of director:                   Gary Shayne (non-executive)

Name of associate:                  Gane Holdings Proprietary Limited (“Gane Holdings”)

Nature and extent of interest:      Indirect beneficial – through Gane Holdings, in which Gary
                                    Shayne holds an indirect controlling shareholding through the
                                    ultimate holding company, Coast2Coast Communications
                                    Limited (“C2C”)

Nature of transactions:             Involuntary sale, on market, as a result of a forced sale
                                    actioned by a financial institution due to the shares being linked
                                    to an equity finance transaction resulting in a margin call.

                                    C2C is a long-term shareholder of Ascendis and remains
                                    confident in the strategy of the Company.

Class of shares:                    Ordinary shares

Written clearance obtained:         Clearance was obtained from the Chairman

Trade 1:
Date of transaction:                22 November 2018

Number of shares:                   49,868

Price per share (low):              R4.55

Price per share (high):             R4.80

Volume weighted average price:      R4.6539

Value:                              R232,080.69

Trade 2:
Date of transaction:                23 November 2018

Number of shares:                   310,683

Price per share (low):              R4.34

Price per share (high):             R4.61

Volume weighted average price:      R4.4335
Value:                           R1,377,413.08

Trade 3:
Date of transaction:             26 November 2018

Number of shares:                238,477

Price per share (low):           R4.10

Price per share (high):          R4.40

Volume weighted average price:   R4.2234

Value:                           R1,007,183.76

Trade 4:
Date of transaction:             27 November 2018

Number of shares:                50,234

Price per share (low):           R4.20

Price per share (high):          R4.40

Volume weighted average price:   R4.3065

Value:                           R216,332.72


Name of director:                Gary Shayne (non-executive)

Name of associate:               Valerie Shayne – spouse

Nature and extent of interest:   Direct beneficial

Nature of transaction:           Sale, on market

Date of transaction:             22 November 2018

Class of shares:                 Ordinary shares

Number of shares:                263,927

Price per share (low):           R4.60

Price per share (high):          R4.61

Volume weighted average price:   R4.6002

Value:                           R1,214,116.99



Bryanston
28 November 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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