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

Release Date: 17/05/2022 17:05
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” 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:                Cambridge Investments (Pty) Limited (“Cambridge
                                  Investments”)
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
                                  involuntary
Date of transaction:              13 May 2022
Number of securities:             3 990 213
Price per security:               R0.65
Value:                            R2 598 482.57

RESPONSIBILITY STATEMENT

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
information.

Bryanston

17 May 2022

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 17-05-2022 05:05:00
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