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BRIEF-Ascendis Health says fully underwritten renounceable rights offer of 750 mln rand at 20.00 rand per share​
November 21, 2017 / 2:06 PM / 25 days ago

BRIEF-Ascendis Health says fully underwritten renounceable rights offer of 750 mln rand at 20.00 rand per share​

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​ Source text for Eikon: Further company coverage:

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