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Fulfilment of outstanding conditions precedent regarding acquisition of The Scientific Group 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 THE MAJORITY OF THE SCIENTIFIC GROUP PROPRIETARY LIMITED (“SG”)
Ascendis shareholders are referred to the SENS announcement dated 27 October 2014 advising of
Ascendis entering into an agreement with the shareholders of SG to acquire 100% of the diagnostics
business of SG (“the Acquisition”), subject to the fulfilment of certain conditions precedent, including
receipt of approval from the South African Competition Commission as well as the Competition
Commissions of certain other African jurisdictions (“Competition Authorities”).
The Company’s board of directors is pleased to announce that the final outstanding condition
precedent, namely the approval from the Competition Authorities, has been granted which accordingly
renders the Acquisition unconditional.
2 March 2015
Johannesburg
Arranger and Financial Advisor
Coast2Coast Investments Proprietary Limited
Sponsor
Investec Bank Limited
Date: 02/03/2015 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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