BHS Holdings Begins 'When-Issued' Trading on the NYSE
October 16 2008 - 5:00PM
PR Newswire (US)
Spin-Off of Home Security Unit Expected on October 31 RICHMOND,
Va., Oct. 16 /PRNewswire-FirstCall/ -- The Brink's Company
(NYSE:BCO) (Brink's), a global leader in security-related services,
announced that its Brink's Home Security Holdings, Inc. subsidiary
(BHS Holdings) will begin trading tomorrow, October 17, on a
"when-issued" basis on the New York Stock Exchange (NYSE) under the
symbol "CFLwi." The planned spin-off of BHS Holdings, which
comprises the home security unit of Brink's, is expected to be
completed on October 31, 2008 (the distribution date). After
completion of the spin-off, shares of BHS Holdings will begin
normal ("regular way") trading under the symbol "CFL." Between
October 17 and October 31, Brink's common stock will trade on the
NYSE under two symbols, "BCO" and "BCOwi." Brink's shares trading
under "BCO" will trade the "regular way," with the right to receive
shares of BHS Holdings in the spin-off. Brink's shares trading
under "BCOwi" will trade "ex dividend," with no right to receive
shares of BHS Holdings in the spin-off. On the distribution date,
Brink's will distribute one share of BHS Holdings common stock for
each share of Brink's common stock outstanding at the close of
business on October 21, 2008 (the record date). A copy of the Form
10 registration statement filed by BHS Holdings with the Securities
and Exchange Commission (SEC) and other SEC filings related to the
spin-off, including copies of the related agreements to be entered
into between Brink's and BHS Holdings, are available on the SEC's
web site (http://www.sec.gov/) and at the SEC's public reference
room at 100 F Street NE, Room 1580, Washington, DC 20549. About The
Brink's Company The Brink's Company (NYSE:BCO) is a global leader
in security-related services that operates two businesses: Brink's,
Incorporated and Brink's Home Security, Inc. Brink's, Incorporated
is the world's premier provider of secure transportation and cash
management services. Brink's Home Security, Inc. is one of the
largest and most successful security alarm monitoring companies in
North America. For more information, please visit the Brink's
website at http://www.brinkscompany.com/ or call toll free
877-275-7488. Forward-Looking Statements This release contains both
historical and forward-looking information about the anticipated
spin-off of BHS Holdings. Words such as "anticipates," "estimates,"
"expects," "projects," "intends," "plans," "believes," "may,"
"should" and similar expressions may identify forward-looking
information. The forward-looking information in this document is
subject to known and unknown risks, uncertainties and
contingencies, which could cause actual results, performance or
achievements to differ materially from those that are anticipated.
Additional discussion of factors that could affect the future
results of Brink's is contained in the periodic filings of Brink's
with the SEC and the Registration Statement on Form 10 filed by BHS
Holdings. All forward-looking information should be evaluated in
the context of these risks, uncertainties and contingencies. The
information included in this release is representative only as of
the date of this release, and Brink's undertakes no obligation to
update any information contained in this release. DATASOURCE: The
Brink's Company CONTACT: Investor Relations, +1-804-289-9709 Web
site: http://www.brinkscompany.com/
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