ASCENDIS HEALTH LIMITED - General issue of shares for cash

General issue of shares for cash

ASCENDIS HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/005856/06)
ISIN: ZAE000185005 JSE share code: ASC
(“Ascendis” or “the Company”)

GENERAL ISSUE OF SHARES FOR CASH

Ascendis shareholders are referred to the SENS announcement dated 13 November 2015 whereby
Ascendis shareholders approved the requisite ordinary resolution to grant Ascendis directors the
general authority to issue shares for cash up to a maximum of 15% of its shares in issue as at the
date of the general meeting held on 12 November 2015 (“General Meeting”).

Shareholders are advised that Ascendis has cumulatively issued more than 5% of this authority
since the date of the General Meeting in order to fund its acquisitive growth objectives, which
includes the funding of the non-refundable deposit required for the acquisition of Scitec as detailed
in the SENS announcement dated 24 May 2016. Ascendis hereby declares that it has issued a
total of 17,422,324 shares for cash since the General Meeting, representing a weighted average
discount of 8.06% to the prevailing 30 business day volume weighted average price as at the
respective issue dates.




10 June 2016

Johannesburg




Sponsor

Investec Bank Limited

Date: 10/06/2016 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.