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Fri 31 Jul 2009, 16:07 UCS - UCS Group Limited - Directors` dealing announcement
UCS
UCS                                                                             
UCS - UCS Group Limited - Directors` dealing announcement                       
UCS Group Limited                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/002253/06)                                            
JSE code: UCS                                                                   
ISIN: ZAE000016150                                                              
("the company")                                                                 
DIRECTORS` DEALING ANNOUNCEMENT                                                 
In terms of Section 3.63 of the Listings Requirements of the JSE Limited,       
shareholders are advised of the following dealings by directors:                
Name of director                                       Dean Sparrow             
Date of transaction                                    31 July 2009             
Nature of transaction                                  Agreement to sell shares 
                                                     on 31 August 2009          
Class of securities                                    Ordinary shares          
Number of shares                                       3 123 631                
Selling price                                          R 1.68                   
Value of transaction                                   R 5 247 700              
Nature and extent of directors` interest               Indirect beneficial      
Clearance obtained in terms of paragraph 3.66 of the                            
Listings Requirements of the JSE Limited               Yes                      
Name of director                                       Neil Michelson           
Date of transaction                                    31 July 2009             
Nature of transaction                                  Agreement to sell shares 
                                                     on 31 August 2009          
Class of securities                                    Ordinary shares          
Number of shares                                       1 967 469                
Selling price                                          R 1.68                   
Value of transaction                                   R 3 305 347              
Nature and extent of directors` interest               Indirect beneficial      
Clearance obtained in terms of paragraph 3.66 of the                            
Listings Requirements of the JSE Limited               Yes                      
Name of director                                       Richard Newton (director 
                                                     of a major subsidiary)     
Date of transaction                                    31 July 2009             
Nature of transaction                                  Agreement to sell shares 
                                                     on 31 August 2009          
Class of securities                                    Ordinary shares          
Number of shares                                       3 123 631                
Selling price                                          R 1.68                   
Value of transaction                                   R 5 247 700              
Nature and extent of directors` interest               Indirect beneficial      
Clearance obtained in terms of paragraph 3.66 of the                            
Listings Requirements of the JSE Limited               Yes                      
Note:                                                                           
The above trades relate to the full and final settlement of outstanding         
obligations regarding an original transaction executed with the Estate of former
chairman and director of the company, EB Levenstein.                            
Name of director                                       John Bright              
Date of transaction                                    31 July 2009             
Nature of transaction                                  Agreement to purchase    
shares on 1 September 2009 
Class of securities                                    Ordinary shares          
Number of shares                                       14 461 993               
Purchase price                                         R 1.68                   
Value of transaction                                   R 24 296 148             
Nature and extent of directors` interest               Indirect beneficial      
Clearance obtained in terms of paragraph 3.66 of the                            
Listings Requirements of the JSE Limited               Yes                      
Shareholders are advised that a further announcement will be made once the above
transactions have been executed.                                                
Johannesburg                                                                    
31 July 2009                                                                    
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 31/07/2009 16:07:27 Produced by the JSE SENS Department.                  
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