Gunnebo Entrance Control Limited, an English subsidiary within the Gunnebo group, has been ordered to pay compensation to a former commercial agent according to an arbitration award passed in London. The dispute has been ongoing since 2008. The negative impact on earnings due to the award, MEUR 2.5, will be accounted for during Gunnebo’s third quarter. GUNNEBO AB (publ) Group Communications For more information, please contact: Per Borgvall, President and CEO Gunnebo AB, tel. +46 10 2095 000 Gunnebo discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.01 CET on September 7, 2012. www.gunnebogroup.com The Gunnebo Security Group provides efficient and innovative security solutions to customers around the globe. It employs 5 800 people in 31 countries across Europe, Asia, Africa, Australia and Americas, and has a turnover in excess of €585m. Gunnebo focuses its global offering on Bank Security & Cash Handling, Secure Storage, Global Services and Entrance Control. We make your world safer.
Gunnebo loses arbitration proceedings
| Source: Gunnebo AB