To view the PDF file, sign up for a MySharenet subscription.

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

Release Date: 25/03/2019 16:15
Code(s): ASC     PDF:  
Wrap Text
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 Health” 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
Class of shares:                    Ordinary shares
Written clearance obtained:         Clearance was obtained from the Chairman
Trade 1:
Date of transaction:                18 March 2019
Number of shares:                   86,213
Price per share (low):              R4.50
Price per share (high):             R4.66
Volume weighted average price:      R4.5167
Value:                              R389,398.26
Trade 2:
Date of transaction:                19 March 2019
Number of shares:                   176,776
Price per share (low):              R4.45
Price per share (high):             R4.50
Volume weighted average price:      R4.4547
Value:                              R787,484.04
Trade 3:
Date of transaction:                20 March 2019
Number of shares:                   123,235
Price per share (low):              R3.80
Price per share (high):             R3.98
Volume weighted average price:      R3.8137
Value:                              R469,978.41
Trade 4:
Date of transaction:                22 March 2019
Number of shares:                   153,760
Price per share (low):              R3.85
Price per share (high):             R4.18
Volume weighted average price:      R3.9701
Value:                              R610,457.96

25 March 2019

Questco Corporate Advisory Proprietary Limited

Date: 25/03/2019 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story