Investment AB Latour and Melker Schörling AB have divested all of their class A shares in Loomis
Loomis AB (“Loomis”) has been informed that Investment AB Latour (publ), through its subsidiary Latour Förvaltning AB, has accepted a bid and thereafter sold 2,528,520 class A shares in Loomis, corresponding to 3.4 per cent of the capital and 23.8 per cent of the votes in Loomis at an aggregate purchase price of approximately SEK 0.8 billion, and that Melker Schörling AB has accepted a bid and thereafter sold 900,000 class A shares in Loomis, corresponding to 1.2 per cent of the capital and 8.5 per cent of the votes in Loomis at an aggregate purchase price of approximately SEK 0.3 billion.
The divestments thus comprise all class A shares in Loomis owned by the Latour Group and Melker Schörling AB, respectively.
The buyer, Citigroup, through Carnegie acting in its capacity as commissioner on behalf of Citigroup, has requested conversion of the class A shares to class B shares in accordance with the articles of association of Loomis.
March 12, 2019
Chief Investor Relations Officer
Mobile: +1 281 795 8580
Loomis offers safe and effective comprehensive solutions for the distribution, handling, storage and recycling of cash and other valuables. Loomis customers are banks, retailers and other operators. Loomis operates through an international network of more than 400 branches in more than 20 countries. Loomis employs around 25,000 people and had revenue in 2018 of SEK 19.2 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.
This information is information that Loomis AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted or publication, through the agency of the contact persons set out above, at 8.45 a.m. CET on March 12, 2019.