UCS Group Limited - Exercise of options by a direc
UCS Group Limited - Exercise of options by a director
UCS Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/002253/06)
JSE code: UCS
ISIN: ZAE000016150
("UCS")
EXERCISE OF OPTIONS BY A DIRECTOR
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
UCS advises that options on shares have been exercised by an executive director
as follows:
Name of director: NA Michelson
Date exercised: 22 November 2005
Number of options exercised: 500,000
Option strike price: 60 cents
Total value: R300,000
Option issue date: 1 April 2003
Class of security: Ordinary shares
Interest in transaction: Indirect beneficial
Clearance obtained in terms of
Paragraph 3.66: Yes
Johannesburg
23 November 2005
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 23/11/2005 04:25:11 PM Produced by the JSE SENS Department
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