G4S PLC Offer Update And Notification Of Board Changes

 
TIDMGFS 
 
 
   7 April 2021 
 
   G4S plc 
 
   Offer Update and Notification of Board Changes 
 
   Offer update, delisting and cancellation of trading 
 
   On 8 December 2020 the boards of directors managing Allied Universal 
Topco LLC ("Allied Universal") and of G4S plc ("G4S" or the "Company") 
announced that they had reached agreement on the terms of a recommended 
cash offer, to be made by Atlas UK Bidco Limited ("Allied Bidco"), a 
newly incorporated entity that is indirectly controlled by Allied 
Universal, to acquire the entire issued and to be issued share capital 
of G4S (the "Offer"). On 16 March 2021, the Offer became unconditional 
as to acceptances. Yesterday, the Offer was declared unconditional in 
all respects. 
 
   G4S has made applications to cancel the listing of G4S Shares on the 
Official List and to cancel trading in G4S Shares on the London Stock 
Exchange's main market for listed securities and such cancellation is 
expected to take effect no earlier than 5 May 2021. 
 
   On 19 March, Nasdaq approved the removal from trading of G4S' shares 
from Nasdaq Copenhagen A/S ("Nasdaq") and official listing. The last day 
of trading on Nasdaq will be 16 April 2021. 
 
   Changes to the composition of the board of directors of G4S 
 
   Michel van der Bel, Clare Chapman, Elisabeth Fleuriot and Barbara 
Thoralfsson retired from the board on 6 April 2021. 
 
   Tim Brandt and David Buckman have been appointed to join the board of 
G4S with immediate effect. 
 
   Tim Brandt's biography 
 
   Tim is the Global CFO of Allied Universal. Prior to joining Allied 
Universal, Tim worked with Deloitte for 30 years, serving as an audit 
partner and as Managing Partner of the Orange County practice of 
Deloitte. As Managing Partner, Tim oversaw four key business areas: 
audit, tax, consulting, and advisory services. He also served as an 
advisory and audit partner on many of the practice's key clients, 
serving both fast growing private and public companies. He specialised 
in mergers and acquisitions, initial public offerings and public debt 
offerings. From 2002 to 2005, Tim worked in Deloitte's Japan offices, 
serving global technology and consumer products clients based in Osaka, 
Japan. 
 
   David Buckman's biography 
 
   David has over 15 years of experience in the security industry and over 
30 years of legal expertise. He is responsible for all legal affairs for 
Allied Universal. He previously served as an attorney with a large 
international law firm and as general counsel to the Sports and 
Entertainment Services Group of Aramark, a leading international 
provider of food, retail and support. David is the former Chair of the 
Board of the Pennsylvania College of Art & Design and is a board member 
of the Education Law Center of PA, and National Association of Security 
Companies (NASCO).  He holds a B.A. from Amherst College and a J.D. from 
the University of Pennsylvania Law School. 
 
   No further information is required to be disclosed under paragraph 
9.6.13R of the Listing Rules. 
 
   Celine Barroche 
 
   Company Secretary 
 
 
 
 
 
  For further enquiries, please contact: 
                                           Director of 
                                            Investor 
Helen Parris                                Relations      [phone] 
 
  Media enquiries 
Sophie McMillan                            Head of Media   [phone] 
Press office                                               [phone] 
 
 
   Notes to Editors 
 
   G4S is the leading global 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 currently quoted on the London Stock Exchange (until at least 5 
May 2021) and has a secondary stock exchange listing in Copenhagen 
(until 16 April 2021).  After taking account of the businesses being 
sold in the year, G4S is active in more than 80 countries and has around 
533,000 employees. For more information on G4S, visit 
https://www.globenewswire.com/Tracker?data=ja9y4Ti_r7sjVGcikWRniULHGePyDznPnfPv314-aJ-M_O6rC-pg58d8MYmXH5E0Mx03O1A9jBpCyUZq9m6vyQ== 
www.g4s.com. 
 
 
 
 

(END) Dow Jones Newswires

April 07, 2021 11:35 ET (15:35 GMT)

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