MONTREAL, QUEBEC, CANADA--(Marketwire - Sept. 28, 2012) - Garda World Security Corporation ("Garda") (TSX:GW), one of the leading Security Solutions and Cash Logistics firms in the world, announces that it has filed its management information circular with the Canadian securities commissions in preparation for a special meeting of shareholders and option holders to be held at 9:15 AM (Eastern Time) on Wednesday, October 24, 2012, at Club St-James, 1145 Union Avenue, Montreal, Quebec, Canada. The circular is available at www.sedar.com.
Following a thorough review and after consulting with financial and legal advisors, the Board of Directors of Garda (with Stephan Cretier, President & CEO, abstaining) has unanimously determined that the terms of the arrangement are in the best interests of Garda and its minority shareholders (considering the interests of all affected stakeholders) and authorized the submission of the arrangement to shareholders and option holders for their approval at the meeting. Furthermore, the Board of Directors (with Mr. Cretier abstaining) unanimously recommends to the shareholders and option holders that they vote for the arrangement resolution.
Garda's shareholders and option holders of record as of 5:00 p.m. (Eastern Time) on September 24, 2012, will be entitled to receive notice of, and vote at, the meeting. The circular, which shareholders and option holders are expected to receive in the coming days, provides important information on the arrangement and related matters, including voting procedures. Shareholders and option holders who require assistance in voting their proxy may direct their inquiry to Garda's proxy solicitation agent, CST Phoenix Advisors, toll-free in North America at 1-800-332-6179 or by email at firstname.lastname@example.org.
On September 24, 2012, the Quebec Superior Court granted an interim order providing for the calling and holding of the meeting and certain other matters related to the meeting and the arrangement. A copy of the interim order is included in the circular.
Garda is a global provider of security and cash logistics solutions. With headquarters in Montreal, Canada, the firm's 45,000 dedicated professionals, among the most highly qualified and best-trained in the industry, serve clients in countries throughout North America, Europe, Latin America, Africa, Asia and the Middle East. Garda works with clients in a broad range of sectors and industries including financial institutions, retailers, governments, humanitarian relief organizations and the natural resources, construction and telecommunications industries. Garda's global experts take the time to fully understand their clients' business goals and objectives in order to customize solutions with strong local engagement that meet their needs. As a result, clients can improve operational performance, meet their business obligations, and achieve their corporate objectives. With proven experience and a commitment to ensuring the highest ethical standards in everything the company does, Garda has earned a reputation for integrity, leadership and uncompromising safety standards. Most importantly, businesses, governments and individual clients place their trust in Garda. For further information about Garda, please visit: www.garda.com.