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Major cash handling assignment to Loomis in Norway

6/10/2013 2:25 AM EST  -   Loomis AB
Loomis’ Norwegian subsidiary has been appointed by DNB, the largest bank in Norway, to take over all their cash handling services in the country. This includes transportation of cash (CIT), cash processing (CMS) and the responsibility for managing 880 machines, including more than 300 ATMs.

The agreement is covering a period of three years, with an option for DNB to extend the agreement for additional two years....

Prestigious cash handling assignment in Turkey

5/28/2013 2:00 AM EST  -   Loomis AB
Loomis’ Turkish subsidiary has signed a three-year agreement with HSBC Turkey for cash handling services across Turkey. The agreement, which initially covers three years, means that Loomis will provide approximately 260 bank branches and around 470 ATMs in 16 cities with cash. Major cities for the assignment, including both cash in transit and cash management services, are the capital Ankara and the port city of...

Loomis wins Riksbank contract for coin warehousing and handling

5/15/2013 7:45 AM EST  -   Loomis AB
Loomis has been contracted by the Riksbank, Sweden’s central bank, to take responsibility for part of the Riksbank’s handling of coins in Sweden. The contract, which extends over four years, will commence on November 1 this year and means that Loomis will be responsible for the Riksbank’s warehousing, provision and receipt of coins.

The Riksbank has chosen Loomis to provide these coin handling services following...

Annual General Meeting of Loomis AB (publ)

5/6/2013 2:20 PM EST  -   Loomis AB
At today's Annual General Meeting of Loomis AB (publ) the following was resolved:

Board of Directors
The Annual General Meeting resolved that the number of Board members shall be five with no deputy members. The Meeting re-elected Alf Göransson, Jan Svensson and Ulrik Svensson and elected Ingrid Bonde och Cecilia Daun Wennborg as new Board members. Alf Göransson was re-elected Chairman of the Board. The fee to the...

Loomis AB to publish Interim Report on Monday May 6, 2013

4/30/2013 2:00 AM EST  -   Loomis AB
Loomis AB will publish the Interim Report for January-March 2013 on Monday May 6, at 3:00 p.m. (CEST).

Monday May 6

3.00 p.m. (CEST) - Report release
The report will be sent as a press release from Cision (www.cision.se) and will automatically be published on www.loomis.com when released.

Tuesday May 7

9:00 a.m. (CEST) - Presentation slides available
For presentation slides, follow the link...

Loomis publishes Annual Report 2012

4/9/2013 4:08 AM EST  -   Loomis AB
Loomis´ Annual Report for 2012 is now available at www.loomis.com.

The Annual Report will be distributed by post, starting April 9, 2013 to the Swedish shareholders that have not declined to receive a printed version. A copy of the Annual Report can be ordered online by sending an e-mail to  .

Upcoming information to be released:
Interim Report        January – March              May 6, 2013
Interim...

Major cash management assignment to Loomis in the U.S.

4/8/2013 4:00 AM EST  -   Loomis AB
Loomis' U.S. subsidiary has been appointed by one of the largest banks in the U.S. to take over the cash management services at four locations, including two of the bank’s major units in Houston and San Diego. The appointment means that the bank branches’ cash will be processed in Loomis’ branches instead of at the banks' vaults, and will commence in the coming months.

“The agreement is fully in line with our...

Increased number of shares and votes in Loomis AB (publ)

3/28/2013 7:40 AM EST  -   Loomis AB
The warrant program for management and key employees decided upon by the extraordinary shareholders’ meeting on 16 February 2009, which is about to be concluded, has increased the number of shares and votes in Loomis AB (publ) during March 2013. The total increase is 2,219,479 Class B shares with the same increase in votes.
The share capital in Loomis AB (publ) is SEK 376,156,295 as of 28 March 2013 and there are...

Notice to Annual General Meeting in Loomis AB (publ)

3/26/2013 4:37 AM EST  -   Loomis AB
The shareholders of Loomis AB are hereby invited to attend the Annual General Meeting (“AGM”) to be held at 5 p.m. CET on Monday 6 May 2013 in Grünewaldsalen at Stockholm Concert Hall, entrance Kungsgatan 43, Stockholm. Registration for the AGM begins at 4 p.m. CET.
Attendance must be notified no later than Monday 29 April 2013, preferably before 4 p.m. CET.

As evident from the attached notice, inter alia the...

Negotiations with Pendum concerning compensation finalized

3/14/2013 9:45 AM EST  -   Loomis AB
During 2011, Loomis acquired the US cash handling business of Pendum. In connection with the acquisition, the parties made an agreement that Loomis would be eligible for compensation if certain customers chose to diversify their suppliers of cash handling services following the acquisition.

During the fourth quarter of 2012, a first installment of USD 4.9 million (approximately SEK 33 million) was received. The...