Brian Kingham

Our client Brian Kingham, Founder and Chairman of Reliance Security Group plc ("Reliance") , made a recommended cash offer ("the Offer") of 916p for the outstanding shares in Reliance in public hands - i.e. approximately 30% of the total. The Offer valued Reliance at approximately £197mlion and, if accepted in full, will result in a cash payment of approximately £61mlion to the minority shareholders. Reliance is an established market leader in the provision of contract security, facilities management, support services and business process outsourcing with turnover of ~ £345mlion.

Canaccord Genuity's role in the transaction comprised:

- M&A advice to Brian Kingham and his acquisition vehicle (Reliance Executive) in the PTP of the quoted entity; and

- Debt advice involving the raising of a term loan and revolving debt facility of approximately £80mlion funded by Barclays and the RBS

The transaction is a good example of Canaccord Genuity'successfully delivering combined M&A and debt advisory services in a highly complex transaction structure tailored to the specific financial requirements of our client.

Canaccord Genuity acted as sole financial advisor to Brian Kingham, Founder and Chairman of Reliance Security Group plc.