3rd Feb 2005 07:01
3 February 2005 GROUP 4 SECURICOR PLC DISPOSAL OF SECURICOR LUXEMBOURG AND GROUP 4 FALCK SCOTLAND Group 4 Securicor, the international security solutions group formed from themerger in July 2004 of Securicor plc and Group 4 Falck A/S, announces that ithas signed definitive agreements for the sale to Brink's of SecuricorLuxembourg S.A. and the Scottish business, Group 4 Falck Cash Services UKLimited, for an aggregate consideration of Euro 29.5 million.These two disposals reflect undertakings given to the European Commission bySecuricor and Group 4 Falck that they would divest the above two businesses, aswell as the manned security business of Falck Security in the Netherlands, asconditions for receipt from the Commission of approval for their merger.The two businesses were treated as if discontinued in the interim results ofGroup 4 Securicor published on 22 September 2004 and their disposal will haveno material impact on the group.The agreements with Brink's are subject to customary closing conditions, aswell as to review and approval by the European Commission.The Netherlands business referred to above will be sold separately in duecourse.For further enquiries, please contact:Lars Norby Johansen +44 (0)1293 554400Nick BucklesTrevor DightonDebbie McGrathMedia enquiries:Patrick Toyne-Sewell +44 (0)7973 672649Sarah GestetnerNotes to editors:Group 4 Securicor operates in over 100 countries throughout the world andemploys over 340,000 people. It is a market leader in the provision of mannedsecurity, security systems and cash services in many of the countries in whichit operates. For more information on Group 4 Securicor please visit www.group4securicor.com.ENDRelated Shares:
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