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Ascendis Health Ltd (ASCJ.J)

ASCJ.J on Johannesburg Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ascendis Health appoints Thomas Thomsen as CEO with effect from 1 March 2018
Tuesday, 27 Feb 2018 06:50am EST 

Feb 27 (Reuters) - Ascendis Health Ltd ::ANNOUNCE APPOINTMENT OF THOMAS THOMSEN AS CHIEF EXECUTIVE OFFICER AND AS AN EXECUTIVE DIRECTOR WITH EFFECT FROM 1 MARCH 2018.THOMAS WILL SUCCEED KARSTEN WELLNER WHO HAS BEEN THE CEO SINCE THE FOUNDING OF THE GROUP IN 2011.‍KARSTEN WILL STAND DOWN AS CEO ON 1 MARCH 2018 AND AS A BOARD DIRECTOR ON 30 JUNE 2018​.  Full Article

Ascendis Health Sees ‍HY HEPS Of 52 - 55 Cents​
Wednesday, 31 Jan 2018 05:19am EST 

Jan 31 (Reuters) - Ascendis Health Ltd ::SEES HY HEADLINE EARNINGS PER SHARE OF 52 - 55 CENTS​.  Full Article

Ascendis Health announces acquisition of Kyron Laboratories Proprietary Ltd​
Tuesday, 28 Nov 2017 07:58am EST 

Nov 28 (Reuters) - Ascendis Health Ltd ::‍ACQUISITION OF 100% OF KYRON LABORATORIES PROPRIETARY LIMITED​.DEAL ‍FOR A CONSIDERATION OF R396.4 MILLION UPFRONT PLUS A PERFORMANCE-BASED DEFERRED PORTION FROM NIXSIM PROPRIETARY LIMITED​.‍PURCHASE CONSIDERATION IS LIMITED TO A MAXIMUM OF R450 MILLION​.  Full Article

Ascendis Health says fully underwritten renounceable rights offer of 750 mln rand at 20.00 rand per share​
Tuesday, 21 Nov 2017 08:57am EST 

Nov 21 (Reuters) - Ascendis Health Ltd :‍BOARD HAS RESOLVED TO UNDERTAKE A FULLY UNDERWRITTEN RIGHTS OFFER TO RAISE APPROXIMATELY R750 MILLION TO FUND ACCELERATED PAYMENT.​.‍RIGHTS OFFER IS FULLY UNDERWRITTEN BY A WHOLLY OWNED SUBSIDIARY OF MAJOR SHAREHOLDER, COAST2COAST CAPITAL PROPRIETARY LIMITED​.FULLY UNDERWRITTEN RENOUNCEABLE RIGHTS OFFER OF 750 MILLION RAND AT 20.00 RAND PER SHARE​.  Full Article

Ascendis Health announces ‍transaction update relating to acquisition of Remedica​
Monday, 13 Nov 2017 12:05am EST 

Nov 13 (Reuters) - ASCENDIS HEALTH LTD ::‍TRANSACTION UPDATE RELATING TO ASCENDIS' ACQUISITION OF REMEDICA​.‍BOARD HAS RESOLVED TO RAISE EQUITY TO REPAY PORTION OF CO'S MEDIUM TERM DEBT OBLIGATIONS IN ORDER TO REDUCE ITS DEBT POSITION​.‍BOARD ELECTED TO SETTLE A PORTION OF DEFERRED PAYMENT IN ADVANCE OF ITS DUE DATE​.  Full Article

Ascendis Health intends to raise about 750 mln rand in rights offering​
Wednesday, 1 Nov 2017 10:40am EDT 

Nov 1 (Reuters) - Ascendis Health Ltd :‍COMPANY INTENDS TO RAISE APPROXIMATELY 750 MILLION RAND IN RIGHTS OFFERING​.‍PROCEEDS WILL BE USED TO SETTLE A SIGNIFICANT PORTION OF OUTSTANDING DEFERRED VENDOR CONSIDERATION PAYMENTS​.‍ANTICIPATED THAT RIGHTS OFFER SHARES WILL BE OFFERED AT A PREMIUM TO CURRENT MARKET PRICE​.  Full Article

Ascendis says MD S.Africa operations to retire in June 2018
Tuesday, 31 Oct 2017 10:00am EDT 

Oct 31 (Reuters) - ASCENDIS HEALTH LTD ::‍CLIFF SAMPSON, MANAGING DIRECTOR OF ASCENDIS' SOUTH AFRICAN OPERATIONS, WILL REACH HIS RETIREMENT DATE ON 30 JUNE 2018​.‍SAMPSON HAS MADE HIMSELF AVAILABLE POST HIS RETIREMENT TO ENSURE A SMOOTH AND SUCCESSFUL HANDOVER​.‍BOARD IS IN PROCESS OF SECURING A REPLACEMENT EXECUTIVE​.  Full Article

Ascendis Health says FY revenue up 64 pct
Tuesday, 12 Sep 2017 08:00am EDT 

Sept 12 (Reuters) - Ascendis Health Ltd :FY REVENUE UP 64% TO R6.4 BILLION.FY NORMALISED EBITDA UP 78% TO R1.1 BILLION.FY ‍NORMALISED HEPS UP 29% TO 156.4 CENTS PER SHARE​.DIRECTORS HAVE ELECTED NOT TO DECLARE A FINAL DIVIDEND AND TO RETAIN CASH TO FUND COMPLEMENTARY ACQUISITIONS.  Full Article

Ascendis Health sees full-year HEPS up 54 pct to 66 pct​
Thursday, 24 Aug 2017 09:20am EDT 

Aug 24 (Reuters) - ASCENDIS HEALTH LTD ::SEES FY NORMALISED HEADLINE EARNINGS PER SHARE OF 148 - 159 CENTS, UP 22 PCT - 31 PCT ​.‍SEES FY HEADLINE EARNINGS PER SHARE OF 86 - 93 CENTS, UP 54 PCT - 66 PCT​.  Full Article

Ascendis says Sunwave deal to close on June 2
Friday, 2 Jun 2017 08:00am EDT 

June 2 (Reuters) - Ascendis Health Limited ::Transactions are officially unconditional, thereby resulting in an effective date of 2 June 2017.  Full Article

BRIEF-Ascendis Health HY HEPS Rises, Launches Strategic Review

* ‍DIRECTORS HAVE ELECTED NOT TO DECLARE AN INTERIM DIVIDEND AND TO RETAIN CASH TO SETTLE DEBT OBLIGATIONS​