Collective bargaining agreement in Spain signed

A new collective bargaining agreement in Spain has been signed, stipulating a wage freeze for 2014.

In Spain, measures were initiated in the end of 2013 to change material aspects of the Spanish labor agreement in order to mitigate imposed cost increases for 2014. The final outcome of this process was expected no later than by the end of the first quarter of 2014, while in parallel negotiations between the unions and the employers have taken place. As a result, a new collective bargaining agreement stipulating a wage freeze for 2014 has been signed.

This press release is also available at: www.securitas.com

Information:
Gisela Lindstrand, Senior Vice President Corporate Communications and Public Affairs, Securitas AB, mobile phone +46 70 287 8662, or email gisela.lindstrand@securitas.com

Securitas is a global knowledge leader in security. From a broad range of services of specialized guarding, technology solutions and consulting and investigations, we customize offerings that are suited to the individual customer’s needs, in order to deliver the most effective security solutions. Everywhere from small stores to airports, our 300,000 employees are making a difference.

Securitas AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.00 (CET) on February 28, 2014.

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