ASCENDIS HEALTH LIMITED - Trading Statement

Trading Statement

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


TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited’s Listings Requirements, Ascendis
shareholders are hereby advised that the Company’s financial results for the six
months ended 31 December 2014 are expected to be more than 20% higher than the
previous corresponding period.

The table below illustrates the ranges anticipated against the comparative period:


                                  6 months ended         6 months ended            %
                               31 December 2014       31 December 2013       increase


Normalised Earnings                 R106 – R110m                   R62m      71 – 77%
Normalised Headline            42.5 – 44.0 cents             33.4 cents      27 – 32%
Earnings per share
Basic Earnings                         R86 – 90m                   R54m      59 – 67%
Basic Earnings per             34.7 – 36.2 cents             29.2 cents      19 – 24%
share
Headline Earnings                      R86 – 90m                   R54m      59 – 67%
Headline Earnings per          34.7 – 36.2 cents             29.2 cents      19 – 24%
share


Notes:
   1. Normalised earnings comprise basic earnings adjusted for specific non-
      trading items and once-off costs.
   2. NHEPS comprises headline earnings per share adjusted for specific non-
      trading items and once off costs.
   3. The “per share” measures reflect a lower percentage increase than the
      earnings numbers due to the issue of 27m additional shares by Ascendis as
      announced on SENS on 7 November 2014.


The financial information on which this trading statement is based has not been
reviewed or reported on by the Company’s auditors.

Shareholders are advised that the results for the six months ended 31 December
2014 are scheduled to be released on SENS on 11 March 2015.

6 March 2015

Cape Town

Sponsor
Investec Bank Limited

Date: 06/03/2015 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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