Dispensation Received on 60 Day Rule to Dispatch Circular
Dispensation Received on 60 Day Rule to Dispatch Circular 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”) DISPENSATION RECEIVED ON 60 DAY RULE TO DISPATCH CIRCULAR Shareholders are referred to the announcement released on 26 May 2021 regarding the proposed disposal of Respiratory Care Africa Proprietary Limited (“RCA”), the announcements dated 12 May 2021 and 9 July 2021 regarding the proposed transaction for the recapitalisation of Ascendis Health (“the Group Recapitalisation Transaction”) and the announcement dated 19 July 2021 regarding the proposed disposal of the Ascendis Animal Health division (“the Animal Health Disposal”). Shareholders are advised that the Company has, in relation to the proposed disposal of RCA (“the RCA Disposal”), received dispensation from compliance with paragraph 9.20(b) of the JSE Limited Listings Requirements which stipulates that a company must dispatch a circular to its shareholders containing a notice of general meeting to obtain their approval for a transaction within 60 days of the date of announcement of such transaction. Shareholders are further advised that a single circular containing details pertaining to the RCA Disposal, the Animal Health Disposal and the Group Recapitalisation Transaction, as well as a notice of general meeting to obtain the approval of shareholders for all three of these transactions, is expected to be dispatched on or about 31 August 2021. 23 July 2021 Bryanston Sponsor Questco Corporate Advisory Proprietary Limited Date: 23-07-2021 08:48:00 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.