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ASCENDIS HEALTH LIMITED - Cautionary Announcement

Release Date: 22/11/2013 10:00
Code(s): ASC     PDF:  
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Cautionary Announcement

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”)



CAUTIONARY ANNOUNCEMENT





Shareholders are advised that the Company is in advanced negotiations to acquire a medical devices

business (“the Proposed Acquisition”). The Proposed Acquisition is intended to become an essential

part of the group’s Pharma-Med Division. This business has key agencies for surgical and other

medical equipment which positions Ascendis well to service hospitals, clinics and government tenders.

Key contributions of the Proposed Acquisition include:



•   the importation and distribution of specialist medical devices focused on the areas of general

    surgery, gynaecology, urology, ear, nose and throat, cardiology and radiology; and



•   the marketing of devices in a South African agent function, on an exclusive basis, for international

    brands of high value-add, niche consumable medical devices.



If the Proposed Acquisition is successfully concluded it may have a material effect on the price of the

Company’s securities. Accordingly, shareholders are advised to exercise caution when dealing in the

Company’s securities until a full announcement is made.



22 November 2013



Johannesburg



Investment Bank, Corporate Advisor and Sponsor



Nedbank Capital


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