UCS - UCS Group Limited - Results of general meeting and remaining conditions
UCS
UCS
UCS - UCS Group Limited - Results of general meeting and remaining conditions
precedent
UCS GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/002253/06)
Share code: UCS
ISIN: ZAE000016150
("UCS")
RESULTS OF GENERAL MEETING AND REMAINING CONDITIONS PRECEDENT
1. Introduction
UCS shareholders ("Shareholders") are advised that at the duly
constituted general meeting of Shareholders held on 22 September 2011,
all the ordinary and special Shareholder resolutions pertaining to, inter
alia, the proposed scheme of arrangement ("the Scheme"), the delisting of
the UCS shares from the exchange operated by the JSE Limited and UCS`
proposed name change ("the Name Change"), were passed by the requisite
majority of Shareholders present or represented by proxy.
The special resolutions will be lodged, where necessary, for registration
with the Companies and Intellectual Property Commission. It is expected
that the Name Change will become effective on or about Tuesday, 25
October 2011.
2. Remaining conditions precedent to the Scheme
The Scheme remains conditional upon, inter alia, the election by certain
Shareholders of the continuation election in terms of the Scheme and the
issue of a compliance certificate by the Takeover Regulation Panel for
purposes of giving effect to the Scheme.
Shareholders will be advised of the status of the completion of the
remaining conditions precedent to the Scheme in due course.
Johannesburg
22 September 2011
Corporate advisor and sponsor
One Capital
Attorneys
Glyn Marais
Date: 22/09/2011 13:37:03 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
