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UCS - UCS Group Limited - Finalisation announcement regarding the scheme

Release Date: 07/10/2011 10:57
Code(s): UCS
Wrap Text

UCS - UCS Group Limited - Finalisation announcement regarding the scheme of arrangement UCS GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/002253/06) Share code: UCS ISIN: ZAE000016150 ("UCS") FINALISATION ANNOUNCEMENT REGARDING THE DATES AND TIMES IN RESPECT OF THE SCHEME OF ARRANGEMENT, THE DELISTING OF UCS SHARES FROM THE EXCHANGE OPERATED BY THE JSE LIMITED ("JSE") AND THE NAME CHANGE 1. INTRODUCTION UCS shareholders ("Shareholders") are referred to the announcements and circular dated 22 August 2011 ("the Circular") regarding, inter alia, the scheme of arrangement ("the Scheme"), the delisting of the UCS shares from the exchange operated by the JSE ("the Delisting") and UCS` proposed name change ("the Name Change"). 2. FULFILMENT OF CONDITIONS PRECEDENT TO THE SCHEME All conditions precedent to the Scheme have been fulfilled and the Scheme is now operative. 3. SALIENT DATES AND TIMES The important dates and times relating to the Scheme, the Delisting and the Name Change are set out below. Words and expressions in the timetable below shall have the same meanings as that assigned to them in the Circular. Last day to trade Shares on the exchange operated by the JSE in order to be recorded in the register Friday, 14 October to receive the Scheme Consideration on Suspension of listing of Shares at the commencement of trade on the exchange operated by the JSE on Monday, 17 October
Scheme Consideration Record Date to be recorded in the register in order for Shareholders to make the Friday, 21 October Continuation Election and/or the Exit Election in respect of some or all of their Shares and date on which Forms of Election must be received by 12:00 on Operative Date Monday, 24 October Date of payment of the Scheme Consideration to be transferred electronically or posted to Monday, 24 October certificated Scheme Consideration Recipients (if Form of Election and Documents of Title are received by the Transfer Secretary on or before 12:00 on the Scheme Consideration Record Date) on Dematerialised Scheme Consideration Recipients will have their accounts held at their CSDP or Broker Monday, 24 October debited with the Scheme Shares and credited with the Scheme Consideration on Termination of listing of Shares on the exchange operated by the JSE at the commencement of trade on Tuesday, 25 October Effective Date of the Name Change Tuesday, 25 October Share certificates reflecting the Name Change will be posted to those Shareholders who have made the Wednesday, 26 October Continuation Election on Johannesburg 7 October 2011 Corporate advisor and sponsor One Capital Attorneys Glyn Marais Date: 07/10/2011 10:57:01 Supplied by www.sharenet.co.za 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.

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