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

Release Date: 13/05/2022 16:05
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
Share code: ASC
ISIN: ZAE000185005
(“Ascendis” or “the Company”)


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

Name of director:                 Gary Shayne (non-executive)
Name of associate:                Cambridge Investments (Pty) Limited (“Cambridge
Nature and extent of interest:    Indirect beneficial – Gary Shayne is a beneficiary of The
                                  Lighthouse Trust which holds a controlling interest in
                                  Cambridge Investments
Nature of transactions:           Involuntary, system-generated, on market sale, as a
                                  result of a forced sale actioned by a financial institution
                                  due to the contract for difference being linked to the
                                  Ascendis share price
Class of security:                Contract for difference in respect of ordinary shares
Written clearance obtained:       Clearance to trade was not obtained as the trade was
Date of transaction:              12 May 2022
Number of securities:             960,221
Price per security:               R0.67
Value:                            R643 531.47


The board of directors of Ascendis (the “Board”) accepts responsibility for the information
contained in this announcement as it pertains to Ascendis. To the best of the Board's
knowledge and belief, the information contained in this announcement as it pertains to
Ascendis is true and nothing has been omitted which is likely to affect the importance of such


13 May 2022

Questco Corporate Advisory Proprietary Limited

Date: 13-05-2022 04:05:00
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