Ascendant’s Share Repurchase Programme

May 15, 2018

Ascendant Group Limited announces that, given the Company’s existing share repurchase programme is due to expire on 22 May 2018, its Board of Directors has authorised the repurchase of up to 1,000,000 shares through a further share repurchase programme.

The authorised share repurchase programme represents approximately 10% of the Company’s overall listed securities and is being implemented for the purpose of improving shareholder liquidity. The Company may commence repurchases pursuant to this share repurchase programme effective May 23, 2018.

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