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Name | Symbol | Market | Type |
---|---|---|---|
L&G E Fund MSCI China A UCITS ETF | TG:CASH | Tradegate | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -0.41% | 12.152 | 11.982 | 12.32 | 12.198 | 12.198 | 12.198 | 58 | 22:50:09 |
29 May 2003 SECURICOR PLC Sale of Securicor Cash Machine Limited Securicor plc, the international security solutions group, announces that it has agreed to sell Securicor Cash Machine Limited ("SCM") to Cardpoint plc, conditional upon approval of Cardpoint's shareholders. The transaction value will be up to £10 million, involving a cash payment of £5 million on completion, with further payments of up to £5 million adjustable by several factors, namely the number of ATM transactions generated, the number of new cash machines installed and Securicor's service level performance. Securicor has entered into a four-year outsourcing agreement with Cardpoint under which Securicor will provide Cardpoint with all cash availability and maintenance activities, reinforcing Securicor's position within the UK ATM market as a provider of a complete ATM back office service to both financial institutions and independent ATM deployers. Jeff Anderson, Managing Director of Securicor Cash Services, said: "We are pleased to be working with Cardpoint to supply an integrated ATM cash solution, building on our increasing ability to provide back office, forecasting and reconciliation as part of our ATM end-to-end service." SCM commenced operations in 2000 and, in the six months to 31 March 2003, generated turnover of £5 million. For further enquiries please contact: Debbie McGrath Director of Communications Securicor Group Limited 020 8770 7000 Patrick Toyne Sewell or Sarah Gestetner Citigate Dewe Rogerson 07973 672649 Notes to Editors: Securicor is an international security solutions group, operating in some 50 countries around the world. Securicor's vision is to become a global top three provider of security solutions and expertise through the delivery of world-class outsourcing in cash management, integrated security and justice services. In total, Securicor employs over 100,000 people worldwide, working with over 130,000 customers requiring both ongoing innovation and absolute integrity. For more information on Securicor, visit www.securicor.com. END
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