ASCENDIS HEALTH LIMITED - Dealings in securities by an associate of a director

Dealings in securities by an associate of a director

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 a director


In terms of paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information, relating to dealings in securities by an associate of a director, is disclosed:

Name of director:                   Gary Shayne (non-executive)

Name of associate:                  Gane Holdings Proprietary Limited (“Gane Holdings”)

Nature and extent of interest:      Indirect beneficial – through Gane Holdings, in which Gary
                                    Shayne holds an indirect controlling shareholding through the
                                    ultimate holding company, Coast2Coast Communications
                                    Limited (“C2C”)

Nature of transactions:             Involuntary sale, on market, as a result of forced sales actioned
                                    by financial institutions due to the shares being linked to equity
                                    finance transactions resulting in margin calls.

                                    In terms of paragraph 3.70 of the JSE Listings Requirements,
                                    the JSE has granted a waiver in respect of dealings in the
                                    Company’s shares in a closed period by associates of
                                    Mr G Shayne as he has no discretion in these dealings.
Class of shares:                    Ordinary shares
Written clearance obtained:         Clearance was obtained from the Chairman
Trade 1:
Date of transaction:                29 January 2019
Number of shares:                   17,013
Price per share (low):              R5.50
Price per share (high):             R5.54
Volume weighted average price:      R5.5099
Value:                              R93,739.93
Trade 2:
Date of transaction:               30 January 2019
Number of shares:                  6,676
Price per share (low):             R5.45
Price per share (high):            R5.55
Volume weighted average price:     R5.4872
Value:                             R36,632.55
Trade 3:
Date of transaction:               31 January 2019
Number of shares:                  5,477
Price per share (low):             R5.50
Price per share (high):            R5.55
Volume weighted average price:     R5.5190
Value:                             R30,227.56
Trade 4:
Date of transaction:               1 February 2019
Number of shares:                  258,748
Price per share (low):             R5.25
Price per share (high):            R5.30
Volume weighted average price:     R5.2566
Value:                             R1,360,134.74



Bryanston
4 February 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

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