SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News:
Loomis’ (STO:LOOMB) subscription warrant program 2009/2013 is about to be concluded and a financial institution has been engaged to facilitate an efficient conclusion of the program for the participants. Members of Group Management have announced that they will subscribe for approximately 283,700 Loomis Class B shares and that they have sold approximately 627,000 warrants to the financial institution.
The subscription period for the shares is from March 1 to May 31, 2013 and the subscription price is SEK 72.50 per share. The total value of the shares that the members of Group Management intend to subscribe for is approximately SEK 20.6 million.
14.2.2013
Loomis offers safe and effective comprehensive solutions for the distribution, handling and recycling of cash for banks, retailers and other commercial companies via an international network consisting of almost 400 branch offices in 16 countries. Loomis has 20 000 employees and annual revenue of 11 billion Swedish kronor. Loomis is a midcap listed company on NASDAQ OMX Stockholm. Loomis AB discloses the information provided herein pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 8.05 a.m. (CET) on February 14th, 2013.
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