ASCENDIS HEALTH LIMITED - Dealings in securities by an associate of directors

Release Date: 11/05/2018 09:26
Code(s): ASC
 
Wrap Text
Dealings in securities by an associate of directors

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


Dealings in securities by an associate of directors


In terms of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information,
relating to dealings in securities by associates of directors of the Company, is disclosed:

Directors:                                       Gary Shayne and Crispian Dillon

Type of director:                                Both directors serve on the board of directors of
                                                 the Company as non-executive directors

Name of associate:                               Coast2Coast Capital (“C2C Capital”) in which
                                                 Gary Shayne and Crispian Dillon jointly hold an
                                                 indirect controlling shareholding through the
                                                 ultimate   holding    company,    Coast2Coast
                                                 Communications Limited

Nature of transaction:                           On 11 May 2018 C2C Capital agreed to purchase
                                                 Ascendis shares, subject to receipt of South
                                                 African Reserve Bank approval

Date of transaction:                             11 May 2018
Type of transaction:                             Off-market purchase of shares
Class of shares:                                 Ordinary shares
Number of shares:                                4,293,410
Price per share:                                 R22.00
Total value of transaction:                      R94,455,020.00
Nature of interest:                              Indirect beneficial
Written clearance obtained:                      Clearance was obtained from the Chairman


Bryanston
11 May 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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