Announced 05/12/09 12.00M for DiverseIT Technology (Proprietary) Limited Merger/Acquisition Management Members entered into a sale of shares agreement to acquire remaining 51% stake in DiverseIT Technology (Proprietary) Limited from UCS Group Ltd. (JSE: UCS) for approximately ZAR 11.7 million on May 12, 2009. The consideration includes payment of ZAR 5 million in cash, 0.24 million shares of Argility Limited and 4.84 million shares of UCS...

Announced 06/1/09 7.00M for UCS Group Ltd. Buyback UCS Group Ltd. (JSE:UCS) announced a specific share repurchase plan on June 1, 2009. Under the plan, the company will repurchase up to 4,837,944 shares, at a price of ZAR 1.5 per share, at an aggregate cost of ZAR 7.26 million, from the management members of the DiverseIT group of companies. The plan is still subject to shareholder approval at the company’s General Meeting on June 24,...