Gunnebo AB to Issue Class C Shares

The Board of Gunnebo AB has decided to issue class C shares and to exercise its
repurchase authorisation to secure Gunnebo’s obligations under the LTI 2015
incentive programme.
The 2015 Annual General Meeting of Gunnebo AB decided, with the aim of ensuring
that the company can fulfil its obligations under the long-term incentive
programme LTI 2015 as voted for by the AGM, to authorise the Board of Directors
to decide on a directed issue of redeemable and convertible class C shares.
Furthermore, the 2015 AGM decided to authorise the Board to decide on the
repurchase of all issued class C shares via a directed acquisition offer to all
holders of class C shares.

The Board has now decided to exercise these authorisations by issuing 730,847
class C shares to a financial institution, and then immediately repurchasing all
class C shares. The issue will be carried out at the shares’ quota value, and
the shares will be repurchased for SEK 3,714,235. The intended period for
issuing and repurchasing the class C shares is February 10 – March 28, 2016.

The company currently holds none of its own shares. Following the repurchase of
class C shares as outlined above, the number of class C shares held by the
company will total 730,847. The class C shares do not entail an entitlement to
receive any dividend.

On completed delivery of shares to employees in 2018, the intention is to
convert the repurchased class C shares into ordinary shares, as per the terms of
the incentive programme.

GUNNEBO AB (publ)
Group Communications

For further information, please contact:

Susanne Larsson, CFO Gunnebo AB, tel. +46 10 2095 000, or
Karin Wallström, Marketing & Communication Director Gunnebo AB, tel. +46 10 2095
026, or e-mail: karin.wallstrom@gunnebo.com

www.gunnebogroup.com

The information is such that Gunnebo is obliged to make it public in accordance
with the Swedish Securities Market Act and/or the Swedish Financial Instruments
Trading Act. The information was submitted for publication on February 9, 2016
at 15.01 CET.
The Gunnebo Group is a global leader in security products, services and
solutions with an offering covering cash handling, safes and vaults, entrance
security and electronic security for banks, retail, CIT, mass transit, public &
commercial buildings and industrial & high-risk sites.

The Group has an annual turnover of €660 million, employs 5,500 people and has
sales companies in 32 countries across Europe, Middle East & Africa, Asia
-Pacific and the Americas as well as Channel Partners on over 100 additional
markets.

We make your world safer.