Niscayah's Board of Directors evaluates the offer by Securitas

Niscayah's Board of Directors evaluates the offer by Securitas

 

Securitas AB (publ) (“Securitas”) has today announced a public share
offer to the shareholders of Niscayah Group AB (publ) (“Niscayah”) to
transfer all of the shares in Niscayah to Securitas (the “Offer”).

In an extraordinary board meeting, the Niscayah Board of Directors
decided to appoint an independent committee, consisting of the board
members Tomas Franzén, Eva Lindqvist and Håkan Kirstein, to take the
decisions necessary due to the current situation and to evaluate the
Offer and other potential offers.

The independent committee of the Niscayah Board of Directors will
announce its opinion with respect to the Offer, and the reasons for this
opinion, as well as a fairness opinion from an independent expert, no
later than two weeks prior to the expiry of the Offer's acceptance
period.

Lazard has been appointed as financial advisors and Hannes Snellman as
legal advisors.

For further information, please contact:
Tomas Franzén, Member of the Niscayah Board of Directors
Håkan Kirstein, CEO, Member of the Niscayah Board of Directors
Both can be reached through Johan Andersson Melbi, Niscayah Investor
Relations +46 (0)10 458 80 23

 

Niscayah Group AB (publ) is a world leading security company specialized
in technical security services and solutions for customers with high
security demands such as bank and post, retail, utilities, transport and
logistics and gas stations. Niscayah has approximately 5,100 employees
and is present in 14 countries in Europe as well as in USA. Niscayah is
a publicly listed company on the OMX Nasdaq stock exchange in Stockholm,
Sweden.

Niscayah Group AB discloses the information provided herein pursuant to
the Securities Markets Act and/or the Swedish Financial Instruments
Trading Act. This information was submitted for publication at CET 08:20
on
16 May, 2011.