An Extraordinary General Meeting to resolve upon the distribution is expected to be held on December 3, 2008 and the first day of trading in the Loomis shares of series B is expected to be December 9, 2008. The convening notice to the Extraordinary General Meeting will be published shortly. On February 9, 2006, Securitas announced its intention to - for the purposes of increasing transparency, specialization and shareholder value - distribute Securitas Systems AB (now Niscayah AB), Securitas Direct AB and Loomis AB (formerly Securitas Cash Handling Services) to the shareholders of Securitas and to list the companies on NASDAQ OMX Stockholm. For a number of reasons, the distribution and listing of Loomis was postponed. However, the Boards of Securitas and Loomis now consider that Loomis is ready to take the step of becoming an independent listed company. Five A-shares in Securitas shall entitle to one A-share in Loomis, and five B-shares in Securitas shall entitle to one B-share in Loomis. The listing prospectus for Loomis will be distributed around November 17, 2008.
Preliminary time plan:
November 14: Prospectus for Loomis made public
November 17: Prospectus for Loomis sent to Securitas’ shareholders
December 3: Extraordinary General Meeting and last day for trading in the Securitas share with a right to participate in the distribution, that is, a right to receive shares in Loomis
December 4: First day of trading in the Securitas share without a right to participate in the distribution
December 8: Record day at the Swedish Central Securities Depository (“VPC”) for the right to receive shares in Loomis
December 9: First day of trading for Loomis’ shares of series B at NASDAQ OMX Stockholm
February 16: The full year reports for January-December 2008, for Securitas and Loomis respectively, as separate listed companies are published
Information:
Micaela Sjökvist, Head of Investor Relations
Phone: +46 10 470 30 13. Mobile: +46 76 116 7443
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs
Phone: +46 10 470 30 11. Mobile: +46 70 287 86 62
Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 16.00 p.m. (CET) on Tuesday, November 11, 2008.
Listing of Loomis AB on NASDAQ OMX Stockholm
The Board of Directors of Securitas AB (“Securitas”) has decided to propose to the shareholders that the shares in Loomis AB (publ) (“Loomis”) are distributed to Securitas’ shareholders and listed on NASDAQ OMX Stockholm (“the distribution”) under the condition that the Listing Committee of NASDAQ OMX approves the listing. According to a notice from NASDAQ OMX Stockholm’s Listing Committee, Loomis satisfies the requirements for a listing on NASDAQ OMX Stockholm. <br/><br/><br/><br/>
Published
11 November 2008 16:00
