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

Release Date: 01/04/2019 11:30
Code(s): ASC     PDF:  
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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 lenders due to exercising their rights under security
                                    instruments.
Class of shares:                    Ordinary shares
Written clearance obtained:         Clearance was obtained from the Chairman
Date of transaction:                29 March 2019
Number of shares:                   80,000
Price per share (low):              R3.50
Price per share (high):             R3.55
Volume weighted average price:      R3.5313
Value:                              R282,504.00

Bryanston
1 April 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 01/04/2019 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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