Ascendis Health achieves level 1 rating: availability of B-BBEE Annual Compliance Report
ASCENDIS HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/005856/06)
Share code: ASC ISIN: ZAE000185005
(“Ascendis Health” or “the Company”)
ASCENDIS HEALTH ACHIEVES LEVEL 1 RATING: AVAILABILITY OF BROAD-BASED BLACK
ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT
Ascendis Health has achieved a verified level 1 broad-based black economic empowerment (B-BBEE)
rating for 2019, improving from level 5 in 2018.
The Company improved its overall B-BBEE score on the Department of Trade and Industry codes of
good practice generic scorecard from 76.1 points in 2018 to 90.6 points in 2019. The increase was
driven by an enhanced performance across the skills development, preferential procurement, supplier
development and socio-economic development pillars of the scorecard, while the company also
benefited from its participation in the YES youth employment programme.
In accordance with Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given
that the Company’s Annual Compliance Report, in terms of section 13G(2) of the Broad-Based Black
Economic Empowerment Act 53 of 2003 (read with the Broad-Based Black Economic Empowerment
Amendment Act 46 of 2013), is available on the Company’s website:
19 September 2019
Questco Corporate Advisory (Pty) Ltd
Date: 19/09/2019 03:30:00
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.
Email this JSE Sens Item to a Friend.