G4S PLC G4s Plc - Review Of Separation Options For G4s Cash Solutions

 
TIDMGFS 
 
 
   13 December 2018 
 
   G4S plc 
 
   Review of Separation Options for G4S Cash Solutions 
 
   The Board of G4S is today announcing that it is reviewing options for 
the separation of the Group's Cash Solutions businesses from the Group, 
following the establishment of the Global Cash Solutions division on 1 
January 2018. 
 
   Since 2013, G4S's portfolio management programme has created a focused 
Group with two principal business segments: Secure Solutions and Cash 
Solutions. The Board believes that a separation of Cash Solutions has 
the clear potential to enhance the focus and success of both businesses 
and thus to unlock substantial shareholder value. 
 
   The review of separation options has commenced and is expected to be 
completed during 2019. An update will be provided with the Group's full 
year results in March 2019. 
 
   G4S Group CEO, Ashley Almanza, said: 
 
   "The implementation of our new organisation structure in January this 
year enables us to consider this separation in order to enhance the 
strategic, commercial and operational focus of both Secure Solutions and 
Cash Solutions. 
 
   G4S Cash Solutions has a unique portfolio of market leading cash 
management businesses, serving customers in 45 countries across the 
globe. Our Retail Cash Solutions business is the clear market leader, 
providing cash payment software and services in some of the world's 
largest markets. With innovative, industry leading products and services 
and substantial market shares, G4S Cash Solutions is transforming cash 
management services in its markets. 
 
   G4S Secure Solutions is the global leader in security and delivers both 
conventional and integrated, technology-enabled security solutions to 
our customers across six continents. This business is very well 
positioned to address the global growth in demand for security services 
with a growing capacity to deliver integrated security solutions, an 
unrivalled global footprint and a premier brand in security. 
 
   The review of our separation options offers an exciting opportunity to 
enhance our focus for the benefit of customers, shareholders and 
employees. Our aim is to establish two strong, independent businesses 
that are able to take advantage of their leading market positions and 
excellent service offerings to deliver sustainable, profitable growth." 
 
   This announcement contains inside information and the person responsible 
for making this announcement is Celine Barroche, company secretary. 
 
   For further enquiries, please contact: 
 
   Helen Parris               Director of Investor Relations 
[phone] 
 
   Media enquiries: 
 
   Sophie McMillan         Head of Media 
[phone] 
 
   Press office 
[phone] 
 
   Conference call 
 
   There will be a conference call this morning for institutional investors 
and analysts at 8.30am GMT. 
 
   The details are as follows: 
 
   Standard International Access : [phone] 
 
   UK Toll Free : 0808 109 0700 
 
   Copenhagen : [phone] 
 
   Denmark Toll Free : 8088 8649 
 
   New York :  [phone] 
 
   USA Toll Free : [phone] 
 
   Password : G4S 
 
   To listen to a replay of the call which will be available for 15 days 
after the event, here are the details: 
 
   Standard International Access : [phone] 
 
   UK Toll Free : 0800 633 8453 
 
   Denmark Toll Free : 8088 7109 
 
   Replay PIN: 0045696 
 
   Notes to Editors: 
 
   G4S is the leading global, integrated security company, specialising in 
the provision of security services and solutions to customers. Our 
mission is to create material, sustainable value for our customers and 
shareholders by being the supply partner of choice in all our markets. 
 
   G4S is quoted on the London Stock Exchange and has a secondary stock 
exchange listing in Copenhagen. G4S is active in around 90 countries and 
has over 560,000 employees. For more information on G4S, visit 
www.g4s.com. 
 
   G4S will announce full year 2018 results on 12 March 2019. 
 
   Advisers 
 
   Financial advisers - J.P. Morgan Cazenove 
 
   Stockbrokers - J.P. Morgan Cazenove and Citigroup Global Markets Limited 
 
 
 
 
 
 

(END) Dow Jones Newswires

December 13, 2018 02:00 ET (07:00 GMT)

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