G4S plc UK DK: Offer Rejection 28 October 2013 G4S PLC Statement on G4S Cash Solutions G4S plc,the world's leadinginternationalsecure outsourcing solutions group,announces that on 22^nd October, 2013 itreceiveda non-binding,indicativeand conditionalofferof £1,550 millionfrom Charterhouse Capital Partners LLP foritscashsolutions business. Thenon-bindingofferis subject to due diligence and financing and free of cash, debt, tax and pension liabilities. The Boardconsiderthe Group'scash solutions services to be core to G4S' operations and strategic plans. The Board regards thenature and timing of the approachto be highly opportunistic and, followingdue consideration, with the assistance of financial advisers,the offer has been firmly rejected consideringthe strategic importance of the cash solutions businesses to G4S and becausethe Board believes the conditional offerfundamentally undervalues the business andits prospects. The companydoes notintend to pursue thisnon-binding,conditional offer and has notifiedCharterhouse Capital Partners LLP. As communicatedat the time ofthe August 2013 share placing, G4S is committed to invest in itscorebusinesses, including cash solutions, whichhavestrong opportunities forsustainable profitable growth.The cash solutions business isintegral to G4S'operationsand strategic plans.Itis unique in its scale and diversity,with unrivalled emerging marketsexposureandstrong characteristics, including: Strong market growth *Cash in circulationisgrowing strongly. Between 2007 and 2011, cash in circulation grew ataround 7% CAGR inG4Sdeveloped markets and 12% CAGR initsemerging markets *Cash usageisstable through economic downturns G4Scash solutionshasmarket leading positionsin most of the markets in which it operates *G4S cash solutions businesses are number 1 or 2 in 61 out of 66 markets in which they operate *G4S cash solutions isaleadingprovider ofvalue added services such assecure engineeringand cash centre outsourcing *G4S haslong term contracts and relationships withblue chip, global customers *G4Shas developed attractive cash solutionstechnology G4S cash solutions hasan attractivefinancialprofile *G4Shasdeliveredcompetitivemargins and growth rates *G4Sis restructuring its UK & Ireland cashbusinessto strengthen operating and financial performance Synergiesof operating secure solutions and cash solutions businesses *The group hascash businesses in more than 40 high growthemerging marketsand in most of these markets the cash solutionsbusinesses are integrated with secure solutions businesses *G4S has asecure solutionsplatform in other markets which provide the potential for further expansion ofitscashsolutionsbusinesses *There are significant cost synergies and cross-selling opportunities between the cash solutions and secure solutions businesses For further enquiries, please contact G4S plc: Helen Parris - Director of Investor Relations +44 (0) 1293 554423 For Media enquiries, please contact Faeth Birch - RLM Finsbury +44 (0) 207 251 3801 Notes to Editors: G4S is a leading international secure outsourcing solutions group which specialises in outsourced business processes and facilities in sectors where security and safety risks are considered a strategic threat. G4S is quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S is active in more than 115 countries and has 620,000 employees. For more information on G4S, visit www.g4s.com. ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: G4S plc UK DK via Thomson Reuters ONE HUG#1738463
G4S plc UK DK: Offer Rejection
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