Senior executives in Loomis invest in the company

The subscription warrant program, which was resolved upon by an extraordinary general meeting of shareholders on February 16, 2009, and which has been offered to a number of key individuals and senior executives in the Loomis Group, was oversubscribed. In total, 77 senior executives have chosen to participate in the program and have, on the basis of a personal investment, received sub-scription warrants.

The subscription price per share on the basis of the subscription warrants was determined in conjunc-tion with the allotment of subscription warrants at SEK 72.50. This price is equivalent to a market-based valuation of the subscription warrant, including the issue rate (SEK 8.50), and has been determined by independent valuation institutes applying an established valuation model (Black & Scholes).

As has been previously notified, the option program can, with full subscription and full exercise of all subscription warrants, result in an increase in share capital of a total of a maximum of SEK 12,775,000, which is equivalent to approximately 3.50 % of the company’s present share capital and approximately 2.46 % of the number of votes. In total, the program may, on the basis of all subscription warrants being exercised, result in a total dilution of a maximum of approximately 3.38 % as regards share capital and approximately 2.40 % as regards the number of votes after full dilution, calculated as the number of new shares in proportion to the number of existing and new shares.

Subscription of shares on the basis of the subscription warrants will take place during the period March 1 – May 31, 2013.

About Us

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 companies. 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 2019 of SEK 21.0 billion. Loomis is listed on Nasdaq Stockholm Large-Cap list.

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