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G4S plc (GFS.L)

LSE - LSE Delayed price. Currency in GBp
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242.800.00 (0.00%)
At close: 4:46PM GMT
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Previous close242.80
Open242.60
Bid242.70 x 0
Ask242.90 x 0
Day's range242.50 - 242.90
52-week range69.92 - 270.90
Volume15,220,599
Avg. volume11,182,850
Market cap3.767B
Beta (5Y monthly)1.24
PE ratio (TTM)220.73
EPS (TTM)1.10
Earnings date08 Mar 2021 - 12 Mar 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend date30 Apr 2020
1y target est241.00
  • Globe Newswire

    Notification of Major Holdings

    TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:G4S plc1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)Non-UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an “X”)An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instrumentsXAn event changing the breakdown of voting rights Other (please specify)iii: 3. Details of person subject to the notification obligationivNameThe Goldman Sachs Group, Inc.City and country of registered office (if applicable)Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA4. Full name of shareholder(s) (if different from 3.)vNameGoldman Sachs InternationalCity and country of registered office (if applicable)Plumtree Court, 25 Shoe Lane, London EC4A 4AU,UK5. Date on which the threshold was crossed or reachedvi:23/02/20216. Date on which issuer notified (DD/MM/YYYY):25/02/20217. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuerviiResulting situation on the date on which threshold was crossed or reached0.03%5.78%5.81%1,551,594,436Position of previous notification (if applicable)0.03%6.86%6.89% 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviiiA: Voting rights attached to sharesClass/type of sharesISIN code (if possible)Number of voting rightsix% of voting rightsDirect(DTR5.1)Indirect (DTR5.2.1)Direct(DTR5.1)Indirect(DTR5.2.1)GB00B01FLG62 450,866 0.03%US37441W1080 21,105 0.001% SUBTOTAL 8. A471,9710.03% B 1: Financial Instruments according to DTR5.3.1R (1) (a)Type of financial instrumentExpiration datexExercise/ Conversion PeriodxiNumber of voting rights that may be acquired if the instrument is exercised/converted.% of voting rightsSecurities LendingOpen 88,610,7045.71% SUBTOTAL 8. B 188,610,7045.71% B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)Type of financial instrumentExpiration datexExercise/ Conversion Period xiPhysical or cash settlementxiiNumber of voting rights % of voting rightsCFD24/02/2031 Cash 392,192 0.03%CFD16/09/2030 Cash 376,107 0.02%CFD27/03/2023 Cash 146,537 0.01%CFD30/09/2025 Cash 88,028 0.01%CFD14/10/2021 Cash 31,066 0.002%CFD09/10/2025 Cash 3,957 0.0003%CFD14/07/2025 Cash 2,365 0.0002%Swap18/05/2021 Cash 150 0.00001% SUBTOTAL 8.B.21,040,4020.07% 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)XNamexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable thresholdThe Goldman Sachs Group, Inc. Goldman Sachs (UK) L.L.C. Goldman Sachs Group UK Limited Goldman SachsInternational 5.78%5.78% The Goldman Sachs Group, Inc. Goldman Sachs & Co. LLC The Goldman Sachs Group, Inc. GSAM Holdings LLC Goldman Sachs Asset Management, L.P. The Goldman Sachs Group, Inc. IMD Holdings LLC United Capital Financial Partners, Inc. United Capital Financial Advisers, LLC 10. In case of proxy voting, please identify:Name of the proxy holderN/AThe number and % of voting rights heldN/AThe date until which the voting rights will be heldN/A 11. Additional informationxviPlease note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error. Place of completionLondonDate of completion25/02/2021

  • G4S Nearing $5.2 Billion Takeover by Allied Universal Security
    Bloomberg

    G4S Nearing $5.2 Billion Takeover by Allied Universal Security

    (Bloomberg) -- British security firm G4S Plc is headed for a 3.8 billion-pound ($5.2 billion) takeover by Allied Universal Security Services LLC after the closely held U.S. company prevailed over a rival suitor.Allied declared its 245 pence tender offer final and lowered the minimum threshold for shareholders getting on board to 75% from 90%, according to a statement Tuesday. G4S said separately that its board unanimously recommends that shareholders accept Allied’s offer.Allied emerged as the winner in a long-running competition for G4S on Monday. Although U.K. regulators had set the stage for a final battle with Garda World Security Corp., in the end Allied’s Canadian rival declined to improve its 235-pence proposal and the auction was ended.Allied’s shareholders include Canadian pension fund Caisse de Depot et Placement du Quebec and Warburg Pincus. It had been seeking to woo G4S’s board and only wanted to proceed with a firm offer if it could win their recommendation.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Globe Newswire

    G4S plc - Outcome of Auction Process

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. FOR IMMEDIATE RELEASE 23 February 2021 G4S plc (“G4S” or the “Company”) Outcome of Auction Process The Board of G4S notes the recent announcements by Garda World Security Corporation (“GardaWorld”) declaring that its cash offer of 235 pence per G4S share is final and will not be revised (the “Final GardaWorld Offer”) and that Allied Universal Topco LLC (“Allied Universal”) has confirmed to the Takeover Panel that it will not revise its cash offer of 245 pence per G4S share (the “Final Allied Universal Offer”). The Allied Universal announcement (the “Allied Announcement”) containing details regarding the Final Allied Universal Offer and further regulatory approvals received is available in the Regulated Auction Process section at www.g4s.com/investors/offers. The price of the Final Allied Universal Offer is superior to the price of the Final GardaWorld Offer. Accordingly, the G4S Directors unanimously recommend that G4S shareholders accept the Final Allied Universal Offer, and in order to ensure the successful closing of the Final Allied Universal Offer, urge G4S shareholders to accept immediately. The Final Allied Universal offer price of 245 pence per G4S share represents: a premium of approximately 68 per cent. to the closing price of 146 pence per G4S share on 11 September 2020 (being the last business day before commencement of the offer period); a premium of approximately 91 per cent. to the three-month volume weighted average closing price of 128 pence per G4S share on 11 September 2020; a premium of approximately 11 per cent. to the highest closing price of 222 pence per G4S share for the 52-week period ended 11 September 2020; a premium of approximately 4 per cent. to the Final GardaWorld Offer. The Final Allied Universal Offer values the issued and to be issued ordinary share capital of G4S at approximately £3.8billion. Commenting on the Final Allied Universal Offer, John Connolly, Chairman of the G4S Board, said: “Throughout this process, the G4S Board has prioritised the interests of the Company’s stakeholders. By successfully establishing a competitive process and providing offerors with equal access to extensive due diligence information, the Board has been able to maximise shareholder value and put in place important protections for employees. Allied Universal’s final offer of 245p per share reflects the transformation of G4S under Ashley Almanza and his leadership team, supported by the impressive efforts of all G4S employees. The business has been fundamentally refocused and re-positioned as a global leader to address long-term growth in security markets, with a unique market footprint and industry-leading expertise. We are therefore unanimously recommending it to our shareholders. This paves the way for a positive conclusion to the offer period and I would like to thank G4S employees and my fellow Board members for their work during this time.” Commenting on the Final Allied Universal Offer, Ashley Almanza, Chief Executive Officer of G4S, said: “G4S’s successful transformation into a focused global leader in security services has created substantial value for shareholders. This transformation has also made possible a combination with Allied Universal that creates a leader in integrated security with over 750,000 employees, industry-leading expertise and a strong global platform. This unique combination will offer customers exceptional service and provides employees with an exciting future. I would like to thank my executive team and all G4S employees for the role that they have played in transforming G4S and the Board, our customers and our shareholders for their tremendous support. Allied Universal is an outstanding company and we look forward to working with Steve Jones and his leadership team to support a successful integration, as a first step to creating a leading integrated security company.” Updated recommendation The G4S Directors, who have been so advised by Citi, J.P. Morgan Cazenove, Goldman Sachs and Lazard as to the financial terms of the Final Allied Universal Offer, consider the terms of the Final Allied Universal Offer to be fair and reasonable. In providing their advice to the G4S Directors, each of Citi, J.P. Morgan Cazenove, Goldman Sachs and Lazard have taken into account the G4S Directors’ commercial assessments. Citi and Lazard are providing independent financial advice to the G4S Directors for the purposes of Rule 3 of the Code. The price of the Final Allied Universal Offer is superior to the price of the Final GardaWorld Offer. Accordingly, the G4S Directors unanimously recommend that G4S shareholders accept the Final Allied Universal Offer, as they have done in respect of their own G4S Shares (representing approximately 0.21 per cent. of the existing issued ordinary share capital of G4S), and in order to ensure the successful closing of the Final Allied Universal Offer, urge G4S shareholders to accept immediately. The Takeover Panel has confirmed that, as agreed in the auction rules, the latest time by which either offeror must have satisfied the acceptance condition of its offer is 13.00 on 16 March 2021. Allied Universal has today announced that it has reduced the level of acceptances required to satisfy the acceptance condition to its offer from 90 per cent. to 75 per cent. The Board notes that Allied Bidco has announced that it has obtained substantially all of the required antitrust approvals and foreign direct investment clearances in applicable jurisdictions and that it expects to obtain the limited number of remaining approvals and clearances within the timetable prescribed by the Code. The Allied Announcement is available in the Regulated Auction Process and the Allied Universal sections on https://www.g4s.com/investors/offers. The G4S Directors advise G4S shareholders to take no action in relation to the Final GardaWorld Offer. For further enquiries, please contact: Helen ParrisDirector of Investor Relations+44 (0) 207 9633189 Media enquiries Sophie McMillanHead of Media+44 (0) 759 5523483Press office +44 (0) 207 9633333 G4S Joint Lead Financial Advisers and Corporate Brokers Citigroup Global Markets Limited J.P. Morgan Cazenove G4S Financial AdvisersLazard & Co., Limited Goldman Sachs International G4S Legal Advisers Linklaters LLP Media Advisers Brunswick Notes to EditorsG4S is the leading global security company, specialising in the provision of security services and solutions to customers. Our mission is to create material, sustainable value for our customers and shareholders by being the supply partner of choice in all our markets. G4S is quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. After taking account of the businesses being sold in the year, G4S is active in more than 80 countries and has around 533,000 employees. For more information on G4S, visit www.g4s.com. Further InformationThis announcement is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the Final Allied Universal Offer or otherwise nor shall there be any sale, issuance or transfer of securities of G4S pursuant to the Final Allied Universal Offer in any jurisdiction in contravention of applicable laws. If you have accepted the GardaWorld offer but now wish to accept the Final Allied Universal Offer, you need to withdraw your acceptance of the GardaWorld offer and then accept the Final Allied Universal Offer. Instructions on how to withdraw any acceptance of the GardaWorld offer are set out in paragraph 5 of Section C of Part 2 of the GardaWorld offer document dated 17 October 2020. If you have any questions relating how to withdraw any acceptance of the GardaWorld offer, please telephone Link Group on 0371 664 0321. Calls are charged at the standard geographic rate and will vary by provider. Calls from outside the United Kingdom will be charged at the applicable international rate. The helpline is open between 9.00 am—5.30 pm, Monday to Friday excluding public holidays in England and Wales. Please note that Link Group cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes. Important NoticesCitigroup Global Markets Limited ("Citi"), which is authorised by the Prudential Regulation Authority (”PRA”) and regulated in the UK by the Financial Conduct Authority (”FCA”) and the PRA, is acting exclusively for G4S and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than G4S for providing the protections afforded to clients of Citi nor for providing advice in relation to any matter referred to herein. J.P. Morgan Securities plc (which conducts its UK investment banking business as J.P. Morgan Cazenove) ("J.P. Morgan Cazenove") which is authorised in the United Kingdom by the PRA and regulated in the United Kingdom by the PRA and the FCA, is acting as financial adviser exclusively for G4S plc and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters set out in this announcement and will not be responsible to anyone other than G4S plc for providing the protections afforded to clients of J.P. Morgan Cazenove or its affiliates, nor for providing advice in relation to any matter referred to herein. Lazard & Co., Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser to G4S and no one else in connection with the matters set out in this announcement and will not be responsible to anyone other than G4S for providing the protections afforded to clients of Lazard & Co., Limited nor for providing advice in relation to the matters set out in this announcement. Neither Lazard & Co., Limited nor any of its affiliates owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Lazard & Co., Limited in connection with this announcement, any statement contained herein or otherwise. Goldman Sachs International (“Goldman Sachs”), which is authorised in the United Kingdom by the PRA and regulated in the United Kingdom by the PRA and the FCA, is acting exclusively for G4S and no one else in connection with the matters set out in this announcement. Goldman Sachs will not be responsible to anyone other than G4S for providing the protections afforded to clients of Goldman Sachs nor for providing advice in relation to any matter referred to herein. Each of J.P. Morgan Cazenove, Citi, Goldman Sachs and Lazard & Co. Limited has given and not withdrawn its consent to the inclusion in this Announcement of reference to its advice to the G4S Directors in the form and context in which they appear. Disclosure RequirementsUnder Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure. Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8 of the Code. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3 of the Code. Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4 of the Code). Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure. Information relating to G4S Shareholders Please be aware that addresses, electronic addresses and certain other information provided by G4S shareholders, persons with information rights and other relevant persons for the receipt of communications from G4S may be provided to Allied Universal during the offer period as required under Section 4 of Appendix 4 of the Code. Rule 26.1 DisclosureIn accordance with Rule 26.1 of the Code, a copy of this announcement will be available at www.g4s.com/investors/offers, by no later than 12 noon (London time) on the business day following this announcement. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement. GeneralIf you are in any doubt about the contents of this announcement or the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor, accountant or from an independent financial adviser duly authorised under the Financial Services and Markets Act 2000 (as amended) if you are located in the United Kingdom or, if you are located outside the United Kingdom, from an appropriately authorised independent financial adviser.