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:                16 November 2018

Number of shares:                   692,895

Price per share (low):              R4.49

Price per share (high):             R4.91

Volume weighted average price:      R4.7985

Value:                              R3,324,856.66

Trade 2:
Date of transaction:                19 November 2018

Number of shares:                   114,885

Price per share (low):              R4.80

Price per share (high):             R5.10

Volume weighted average price:      R4.9184

Value:                              R565,050.38

Trade 3:
Date of transaction:                20 November 2018

Number of shares:                   34,048

Price per share (low):              R4.43

Price per share (high):             R4.69

Volume weighted average price:      R4.5152

Value:                              R153,733.53

Trade 4:
Date of transaction:                21 November 2018

Number of shares:                   75,945

Price per share (low):              R4.30

Price per share (high):             R4.67

Volume weighted average price:      R4.4512

Value:                              R338,046.38



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

Class of shares:                    Ordinary shares

Trade 1:
Date of transaction:                16 November 2018

Number of shares:                   195,924

Price per share (low):              R4.75

Price per share (high):             R4.85

Volume weighted average price:      R4.7809

Value:                              R936,693.05

Trade 2:
Date of transaction:                20 November 2018

Number of shares:                   36,149

Price per share (low):              R4.80

Price per share (high):             R4.81

Volume weighted average price:      R4.8003

Value:                              R173,526.04


Bryanston
22 November 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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