UCS
UCS
UCS - UCS Group Limited - Trading Statement
UCS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002253/06)
JSE code: UCS
ISIN: ZAE000016150
("UCS" or "the company")
TRADING STATEMENT
Shareholders are advised that UCS`s headline earnings per share are expected
to be between 40% and 50% higher for the year ended 30 September 2007 than the
headline earnings per share for the previous corresponding period while
earnings per share are expected to be between 60% and 70% higher.
The difference between the earnings per share and headline earnings per share
relates predominantly to the once-off realisation of profit on sale of certain
products and associated intellectual property to ARgility Limited ("Product
Co") amounting to R54.8-million net of tax or 20.5 cents per share.
Shareholders are also advised that the financial information provided in this
trading statement in respect of the year ended 30 September 2007 has not been
reviewed and/or reported on by the company`s auditors. It is anticipated that
the results for the year ended 30 September 2007 will be published on or about
27 November 2007.
Johannesburg
12 November 2007
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 12/11/2007 12:26:42 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.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.