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Ascendis Health issues trading update

Johannesburg - Ascendis Health [JSE:ASC] expects to announce that statutory headline earnings per share and earnings per share for the full year ended June 30 2014 are expected to be between 64 cents and - 67c per share compared to the forecast information of 55c contained in the pre-listing statement.

Highlights for the company for the financial year include exceeded the prelisting profit forecast, concluding acquistions totalling R1.4bn since July 2013 and concluded a BEE transaction.

Shareholders are advised that the above information has not been reviewed or reported on by the company's auditors and that the company's audited results for the year ended June 30 2014 are expected to be published on Sens on or about September 9 2014.

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