Reference is made to the announcement released on 21th of February 2011 regarding the agreement entered into between PSI Group ASA and CKC on 18th of February 2011, pursuant to which CKC shall acquire all the shares in PSI's wholly owned subsidiary SQS Security Qube System AB.
As informed in the above mentioned announcement, the completion of the transaction was expected to take place in the beginning of March 2011. The preparations for Closing have required more time than initially expected, and Closing has hence been delayed. The completion of the transaction is now expected to take place during April 2011, but a specific date has not been agreed at this stage.
For further information, please contact:
Jørgen Waaler, CEO PSI Group ASA, Tel +47 9059 0010
Facts about PSI Group
PSI Group is the leading global provider of closed and secure cash handling solutions wherever money moves. PSI Group is head quartered in Rælingen (Norway) and has about 320 employees in Scandinavia and Europe. PSI Group ASA is listed on both the Oslo Stock Exchange and the NASDAQ OMX exchange in Stockholm.
For more information, visit www.psigroup.no
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.