ASCENDIS HEALTH LIMITED - Dealings in securities by an associate of a director

Dealings in securities by an associate 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 an associate 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 an associate 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 forced sales actioned
                                    by financial institutions due to the shares being linked to equity
                                    finance transactions resulting in margin calls.

                                    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:                27 December 2018

Number of shares:                   10,942

Price per share (low):              R3.70

Price per share (high):             R3.85

Volume weighted average price:      R3.7415

Value:                              R40,939.49

Trade 2:
Date of transaction:                28 December 2018

Number of shares:                   20,774

Price per share (low):              R3.75

Price per share (high):             R3.84

Volume weighted average price:      R3.7973

Value:                              R78,885.11
Trade 3:
Date of transaction:                31 December 2018

Number of shares:                   80,272

Price per share (low):              R4.12

Price per share (high):             R4.14

Volume weighted average price:      R4.1402

Value:                              R332,342.13

Trade 4:
Date of transaction:                2 January 2019

Number of shares:                   26,253

Price per share (low):              R4.19

Price per share (high):             R4.24

Volume weighted average price:      R4.2019

Value:                              R110,312.48


Bryanston
3 January 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

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