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ASCENDIS HEALTH LIMITED - Director's Dealings

Release Date: 07/11/2014 15:10
Code(s): ASC     PDF:  
Wrap Text
Director's Dealings

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

Dealings in securities by directors

In terms of paragraphs 3.63 to 3.65 of the JSE Limited (“the JSE”) Listings Requirements ("the Listings
Requirements"), the following information, relating to dealings in securities by directors, is disclosed:


Directors:                             Gary John Shayne and Crispian Dillon
Nature of the transaction:             Following on from the Ascendis SENS announcement
                                       released on 7 November 2014 pertaining to the capital
                                       raise of the Company, Coast2Coast Investments
                                       Proprietary Limited (“C2C”) participated in the
                                       secondary placement by way of a minor sell down of
                                       its shareholding in the Company, which equates to a
                                       decrease of its shareholding in Ascendis by c.4%,
                                       which was motivated to facilitate ancillary
                                       opportunities.

                                       Gary Shayne holds an 85% indirect interest in C2C
                                       and Crispian Dillon holds a 15% indirect interest in
                                       C2C.
Number of shares:                      5,734,000
Selling price per share:               R15.00
Value:                                 R86,010,000
Date of transaction:                   7 November 2014
Class of shares:                       Ordinary shares
Nature of transaction:                 Sale, off market
Nature of interest:                    Direct Beneficial
Written clearance obtained:            Clearance was obtained from the Chairman of the
                                       Board


7 November 2014
Johannesburg

Sponsor
Investec Bank Limited

Date: 07/11/2014 03:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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