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ASCENDIS HEALTH LIMITED - Fulfilment of Conditions Precedent regarding Respiratory Care Proprietary Limited

Release Date: 25/08/2014 11:15
Code(s): ASC     PDF:  
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Fulfilment of Conditions Precedent regarding Respiratory Care Proprietary Limited

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”)

FULFILMENT OF OUTSTANDING CONDITIONS PRECEDENT REGARDING THE ACQUISITION
BY ASCENDIS OF RESPIRATORY CARE AFRICA PROPRIETARY LIMITED (“RCA”)

Ascendis shareholders are referred to the SENS announcement dated 12 June 2014, advising of
Ascendis entering into an agreement with the shareholders of RCA to acquire 100% of the issued
ordinary share capital of RCA (“the Acquisition”), subject to the fulfilment of certain conditions
precedent, including receipt of approval from the South African Competition Commission (“Competition
Authorities”).

The Company’s board of directors is pleased to announce that as at 25 August 2014 all outstanding
conditions precedent have been fulfilled and payment has been effected. Accordingly the Acquisition
is unconditional.


25 August 2014
Johannesburg


Sponsor
Investec Bank Limited


Arranger and Financial Advisor
Coast2Coast Investments Proprietary Limited

Date: 25/08/2014 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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