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UCS
UCS
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 Produced by the JSE SENS Department.
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