Phil Spencer - Microsoft EVP of Gaming joins Yahoo Finance's On The Move panel to break down what gamers can expect from the Xbox Series X and S consoles, launching later this year.
Phil Spencer - Microsoft EVP of Gaming joins Yahoo Finance's On The Move panel to break down what gamers can expect from the Xbox Series X and S consoles, launching later this year.
Rescue talks over the weekend appear to have failed.
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Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster than expected uptake in China. The telecoms equipment maker, which had previously forecast 190 million subscriptions, said it expects China to account for almost 80% of the newly forecast total. "What has fuelled the growth is China, and that is driven in itself by a strong strategic national focus on 5G in China," Head of Networks Fredrik Jejdling told Reuters.
New Delhi [India], November 30 (ANI): A different bench of the Delhi High Court will hear on December 1 an appeal filed by the Central Bureau of Investigation (CBI) against the acquittal of all accused including former telecom minister A Raja in the 2G spectrum scam case.
New Delhi [India], November 30 (ANI): Slamming the Central government over the new farm laws, Congress leader Rahul Gandhi on Monday appealed to his party workers to provide food and help to farmers protesting against the new laws.
New Delhi [India], November 30 (ANI): Delhi Chief Minister Arvind Kejriwal on Monday announced that he has directed officials to reduced the rates of RT-PCR tests in the national capital in an effort to help those who want their tests done in private labs.
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OPEC+ members will consider whether to extend existing oil cuts for three to four months or to gradually increase output from January during their two days of talks that start on Monday, OPEC+ sources told Reuters. Officials from the Organization of the Petroleum Exporting Countries, Russia and others, a group known as OPEC+, held an initial round of talks on Sunday before formal discussions began but have yet to agree output policy for 2021. OPEC+ had been due to ease its existing production cuts by 2 million barrels per day (bpd) from January 2021, but a second coronavirus wave has reduced demand for fuel around the world, prompting a rethink among members of the group.
Manchester United striker Edinson Cavani is facing an investigation by the Football Association over a social media post. Cavani came off the bench on Sunday to score twice as United came from two goals down to win 3-2 at Southampton. Replying to a message of congratulations on Instagram, Cavani used the Spanish term 'negrito', which translates as 'black'.
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The first time Marcus Samuelsson ate a bowl of gumbo, he was sitting at a table inside New Orleans’ famed Dooky Chase’s Restaurant. He was there to eat and see legendary chef Leah Chase, who helmed the restaurant from 1946, when she and her husband Edgar “Dooky” Chase II took it over, until her death in 2019.Samuelsson, the acclaimed Swedish-Ethiopian chef behind New York’s Red Rooster and Ginny’s Supper Club, among others, emigrated to the U.S. in the early 1990s. Early on, Chase became one of his mentors. Her decades of experience both as a chef and a leader in her community, which earned her the unequivocal moniker as the Queen of Creole Cuisine and recognition as a civil rights icon, proved invaluable to Samuelsson.“She came to my restaurant often and guided me,” says the chef, whose latest cookbook, The Rise: Black Cooks and the Soul of American Food, celebrates the contributions of Black chefs, including Chase, to American food culture. “She talked about how it was to be a Black lady opening Dooky Chase in  when Black and white people couldn’t eat together. She’s seen the Civil Rights movement, she’s seen Hurricane Katrina, she’s seen everything.”Buy on Amazon, $34Through it all, Chase was serving Creole comfort food, including gumbo—a dish that, Samuelsson asserts, is as iconic in American food culture as mac and cheese or fried chicken. One bite of her okra-and-shrimp stew is all it takes to transport him back to Chase’s dining room in New Orleans’ Tremé neighborhood.“Eating her gumbo, going to Dooky Chase many times, cooking at Dooky Chase—her voice is clear to me still to this day,” he says. “I don’t know if there’s a dish that represents a city better than gumbo. When you taste the sausage against the okra against the seafood, you taste New Orleans.”Though he didn’t grow up eating gumbo, Samuelsson says that the dish offers a special kind of comfort nonetheless, beyond being a fantastic antidote to cold weather. When he considers what comfort food has meant throughout his life, he looks to three different places: the Ethiopian food his wife makes, the Swedish meatballs and fish dishes he grew up with, and the “comfort food of Harlem that has that migration, Southern narrative.”“Being an American and being an immigrant, the fact that we can express ourselves through food—food is identity, right?” he says. “When you come as an immigrant or you’re a person of color, the past is very nonlinear because we had to make do with very simple ingredients. Sometimes we move to a place where comfort food changes. In The Rise I really explain that Black food in this country is not monolithic. There’s many different entry points to it.”While gumbo’s exact origins are unknown, its ingredients are representative of the city’s history and diversity. That includes the okra brought to North America by enslaved Africans, the traditional French andouille sausage, and the ground sassafras leaves found in Choctaw cuisine.“When you understand gumbo, you also understand America and New Orleans,” says Samuelsson. “There are French techniques, there are African techniques, there’s Haitian and Spanish influence in it. That’s why Creole cooking is so unique.”This winter try Samuelsson’s tribute to Dooky Chase’s iconic gumbo at home and enjoy a comforting taste of New Orleans’ rich and vibrant culture.* * *THE TRINITY* * *While some gumbo recipes are made from a roux base, Samuelsson’s forgoes the flour altogether, starting instead with the holy trinity of Creole cuisine: onion, celery and bell peppers. A recipe for shrimp and grits with gumbo sauce in honor of Red Rooster executive chef Ed Brumfield, whose father is a Louisiana native, is also featured in The Rise. It starts off with this same technique.“His Papa Ed’s Gumbo is a legend at Red Rooster,” says Samuelsson. “It’s that idea of using the trinity—onion, peppers, and celery—and then adding in sausage and seafood and okra, and building this layer stew that is so delicious.”From there, you’ll add in flavorful and fatty chorizo, which will render its fat to enrich and provide texture to the base of the stew. The liquid ingredients—fish and chicken stocks, apple cider vinegar and crushed tomatoes—will cook down and thicken with a little help from the dish’s two star ingredients...* * *THE OKRA & FILE* * *Gumbo is often divided into two camps: okra gumbo or filé gumbo, depending on the thickening agent used. Samuelsson, however, uses both. “We wanted to show exactly those two different points,” he says.The first known appearance of the dish is on a menu for a gubernatorial reception in New Orleans in 1803, according to the Southern Foodways Alliance. Various iterations of the dish are then featured in recipe books published later in the 19th century, some using okra and others not. There is reason to believe, though, that it was a key player from the beginning, as the word “gumbo” is likely derived from ki ngombo, a West African Bantu term for okra.Forget Oatmeal. Start Your Day With Indian Upma.A Bowl of Gail Simmons’ Matzo Ball Soup Will Cure What Ails You“When you do a book that highlights the African American journey when it comes to food, [okra] is a very important ingredient and subject,” says Samuelsson. Diced into his gumbo, okra lends a unique vegetal flavor and its mucilaginous qualities act similarly to cornstarch, thickening the liquids in the dish and adding another dimension of texture.Filé powder, which is made from the ground leaves of the sassafras tree and has roots in Native American cooking—particularly within the Choctaw tribe—also acts as a thickener and, Samuelsson says, is reminiscent of a flavorful bay leaf ground up and blended with Old Bay seasoning. He adds, “it’s very unique and is something you don’t find often outside gumbo.”* * *THE SPICES* * *In addition to the filé powder, Samuelsson’s gumbo calls on a couple of other spices to round out its vibrant, warming flavor. Alongside salt and pepper, of course, you’ll also add cayenne powder and smoked paprika. If you’re not accustomed to spicy foods, however, you don’t need to worry. “Gumbo is flavorful without being spicy,” he says. “Which means that, no matter how your [dining] party responds to heat, everyone can enjoy it.”* * *THE MEAT* * *Each element in Samuelsson’s gumbo recipe contributes some unique flavor or texture to the dish, and its proteins are no exception. Chorizo, the heavily seasoned pork sausage that originated in Portugal and Spain and is also a staple in Mexican cuisine, goes in first so its fat has a chance to render. He then incorporates French andouille, a coarser but also heavily seasoned sausage, and shrimp, a staple element in many a gumbo recipe.“You want a sausage with flavor because making a gumbo comes down to the best flavor combination,” says Samuelsson. “Using sausages like chorizo and andouille gives you that. It has garlic, it has chilies—all of those things—and it has natural fats.”The andouille and shrimp are added at the very end to avoid overcooking them. “You’re building up the stew,” he says. “The things that are the most delicate you’re adding last.”* * *THE STARCH* * *In The Rise Samuelsson suggests you serve the gumbo over rice, but he’s also a fan of it over a bed of grits—it’s served both ways at Red Rooster.“Sometimes the word gumbo can be more intimidating than what it is. It’s a great, flavorful seafood stew that you should do coming into the holiday season,” he says. “Gumbo will be appreciated.”* * *Leah Chase Gumbo* * * INGREDIENTS * 3 Tbsp Vegetable oil * .5 cup Celery, diced * .5 cup Red onion, diced * .5 cup Red peppers, diced * 4 Cloves garlic, minced * 1 tsp Kosher salt * .5 tsp Freshly ground black pepper * 4 oz Ground chorizo * 1 (14-oz) Can crushed tomatoes * 12 oz Fresh okra, diced small * 1 Tbsp Smoked paprika * 1 Tbsp Filé powder * 1 tsp Cayenne pepper * 2 cups Fish stock * 2 cups Chicken stock * 2 Tbsp Apple cider vinegar * 1 pound Large shrimp, peeled and deveined * 8 oz Smoked andouille sausage, in quarter-inch thick slices * 6 cups Cooked rice, for serving * Scallions, chopped * Fresh parsley, chopped DIRECTIONS 1. Heat the vegetable oil in a large saucepan or Dutch oven set over medium-high heat. When the oil shimmers, add the celery, onion, peppers, garlic, salt, and pepper and cook, stirring frequently, until the onion is translucent, 3 to 4 minutes. 2. Add the chorizo and cook for 4 to 5 minutes, stirring frequently. 3. Add the tomatoes, okra, paprika, filé powder and cayenne and continue cooking for 4 to 5 minutes, stirring frequently. 4. Add the stocks and vinegar and bring to a simmer. 5. Decrease the heat to low, cover, and cook for 20 to 25 minutes, stirring occasionally. The filé powder, which is made by grinding sassafras leaves, will thicken the stew. 6. Add the shrimp and andouille and stir to combine. Continue to cook for 4 to 5 minutes, until the shrimp are just cooked through. Serve the gumbo over rice, topped with scallions and parsley.Excerpted from THE RISE by Marcus Samuelsson with Osayi Endolyn. Recipes with Yewande Komolafe and Tamie Cook. Copyright © 2020 by Marcus Samuelsson. Photographs by Angie Mosier. Used with permission of Voracious, an imprint of Little, Brown and Company. New York, NY. All rights reserved.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian buyers in January, tracking stronger benchmark prices as some refiners increase output to meet higher winter demand, a Reuters survey showed. Saudi Aramco officials as a matter of policy do not comment on the kingdom's monthly OSPs.
George Eustice brushes off fears of an effective embargo on exports – and soaring food prices in British shops
April 16 was a big day for Moderna, a Massachusetts biotech company on the verge of becoming a front-runner in the U.S. government’s race for a coronavirus vaccine. It had received roughly half a billion dollars in federal funding to develop a COVID shot that might be used on millions of Americans.Thirteen days after the massive infusion of federal cash—which triggered a jump in the company’s stock price—Moncef Slaoui, a Moderna board member and longtime drug industry executive, was awarded options to buy 18,270 shares in the company, according to Securities and Exchange Commission filings. The award added to 137,168 options he’d accumulated since 2018, the filings show.It wouldn’t be long before President Donald Trump announced Slaoui as the top scientific adviser for the government’s $12 billion Operation Warp Speed program to rush COVID vaccines to market. In his Rose Garden speech on May 15, Trump lauded Slaoui as “one of the most respected men in the world” on vaccines.The Sketchy Past of Trump’s Coronavirus Vaccine CzarThe Trump administration relied on an unusual maneuver that allowed executives to keep investments in drug companies that would benefit from the government’s pandemic efforts: They were brought on as contractors, doing an end run around federal conflict-of-interest regulations in place for employees. That has led to huge potential payouts—some already realized, according to a KHN analysis of SEC filings and other government documents.• Slaoui owned 137,168 Moderna stock options worth roughly $7 million on May 14, one day before Trump announced his senior role to help shepherd COVID vaccines. The day of his appointment, May 15, he resigned from Moderna’s board. Three days later, on May 18, following the company’s announcement of positive results from early-stage clinical trials, the options’ value shot up to $9.1 million, the analysis found. The Department of Health and Human Services said Slaoui sold his holdings May 20, when they would have been worth about $8 million, and will donate certain profits to cancer research. Separately, Slaoui held nearly 500,000 shares in GlaxoSmithKline, where he worked for three decades, upon retiring in 2017, according to corporate filings.• Carlo de Notaristefani, an Operation Warp Speed adviser and former senior executive at Teva Pharmaceuticals, owned 665,799 shares of the drug company’s stock as of March 10. While Teva is not a recipient of Warp Speed funding, Trump promoted its antimalarial drug hydroxychloroquine as a COVID treatment, even with scant evidence that it worked. The company donated millions of tablets to U.S. hospitals and the drug received emergency use authorization from the Food and Drug Administration in March. In the following weeks, its share price nearly doubled.• Two other Operation Warp Speed advisers working on therapeutics, Drs. William Erhardt and Rachel Harrigan, own financial stakes of unknown value in Pfizer, which in July announced a $1.95 billion contract with HHS for 100 million doses of its vaccine. Erhardt and Harrigan were previously Pfizer employees.“With those kinds of conflicts of interest, we don’t know if these vaccines are being developed based on merit,” said Craig Holman, a lobbyist for Public Citizen, a liberal consumer advocacy group.An HHS spokesperson said the advisers are in compliance with the relevant federal ethical standards for contractors.These investments in the pharmaceutical industry are emblematic of a broader trend in which a small group with the specialized expertise needed to inform an effective government response to the pandemic have financial stakes in companies that stand to benefit from the government response.Slaoui maintained he was not in discussions with the federal government about a role when his latest batch of Moderna stock options was awarded, telling KHN he met with HHS Secretary Alex Azar and was offered the position for the first time May 6. The stock options awarded in late April were canceled as a result of his departure from the Moderna board in May, he said. According to the KHN analysis of his holdings, the options would have been worth more than $330,000 on May 14.HHS declined to confirm that timeline.The fate of Operation Warp Speed after President-elect Joe Biden takes office is an open question. While Democrats in Congress have pursued investigations into Warp Speed advisers and the contracting process under which they were hired, Biden hasn’t publicly spoken about the program or its senior leaders. Spokespeople for the transition didn’t respond to a request for comment.The four HHS advisers were brought on through a National Institutes of Health contract with consulting firm Advanced Decision Vectors, so far worth $1.4 million, to provide expertise on the development and production of vaccines, therapies and other COVID products, according to the federal government’s contracts database.Slaoui’s appointment in particular has rankled Democrats and organizations like Public Citizen. They say he has too much authority to be classified as a consultant. “It is inevitable that the position he is put in as co-chair of Operation Warp Speed makes him a government employee,” Holman said.Trump’s Vaccine Czar to Divest Millions in Stock Options at Company That Got Federal Funding for COVID-19 WorkThe incoming administration may have a window to change the terms under which Slaoui was hired before his contract ends in March. Yet making big changes to Operation Warp Speed could disrupt one of the largest vaccination efforts in history while the American public anxiously awaits deliverance from the pandemic, which is breaking daily records for new infections. Warp Speed has set out to buy and distribute 300 million doses of a COVID vaccine, the first ones by year’s end.“By the end of December we expect to have about 40 million doses of these two vaccines available for distribution,” Azar said Wednesday, referring to front-runner vaccines from Pfizer and Moderna.Azar maintained that Warp Speed would continue seamlessly even with a “change in leadership.” “In the event of a transition, there’s really just total continuity that would occur,” the secretary said.Pfizer, which didn’t receive federal funds for research but secured the multibillion-dollar contract under Warp Speed, on Friday sought emergency authorization from the FDA; Moderna is expected to do so in the coming days. In total, Moderna received nearly $1 billion in federal funds for development and a $1.5 billion contract with HHS for 100 million doses.While it’s impossible to peg the precise value of Slaoui’s Moderna holdings without records of the sale transactions, KHN estimated their worth by evaluating the company’s share prices on the dates he received the options and the stock’s price on several key dates—including May 14, the day before his Warp Speed position was announced, and May 20.However, the timing of Slaoui’s divestment of his Moderna shares—five days after he resigned from the company’s board—meant he did not have to file disclosures with the SEC confirming the sale, even though he was privy to insider information when he received the stock options, experts in securities law said. That weakness in securities law, according to good-governance experts, deprives the public of an independent source of information about the sale of Slaoui’s stake in the company.“You would think there would be kind of a one-year continuing obligation [to disclose the sale] or something like that,” said Douglas Chia, president of Soundboard Governance and an expert on corporate governance issues. “But there’s not.”HHS declined to provide documentation confirming that Slaoui sold his Moderna holdings. His investments in London-based GlaxoSmithKline—which is developing a vaccine with French drugmaker Sanofi and received $2.1 billion from the U.S. government—will be used for his retirement, Slaoui has said.“I have always held myself to the highest ethical standards, and that has not changed upon my assumption of this role,” Slaoui said in a statement released by HHS. “HHS career ethics officers have determined my contractor status, [divestitures] and resignations have put me in compliance with the department's robust ethical standards.”Moderna, in an earlier statement to CNBC, said Slaoui divested “all of his equity interest in Moderna so that there is no conflict of interest” in his new role. However, the conflict-of-interest standards for Slaoui and other Warp Speed advisers are less stringent than those for federal employees, who are required to give up investments that would pose a conflict of interest. For instance, if Slaoui had been brought on as an employee, his stake from a long career at GlaxoSmithKline would be targeted for divestment.Instead, Slaoui has committed to donating certain GlaxoSmithKline financial gains to the National Institutes of Health.Offering Warp Speed advisers contracts might have been the most expedient course in a crisis.“As the universe of potential qualified candidates to advise the federal government’s efforts to produce a COVID-19 vaccine is very small, it is virtually impossible to find experienced and qualified individuals who have no financial interests in corporations that produce vaccines, therapeutics, and other lifesaving goods and services,” Sarah Arbes, HHS’ assistant secretary for legislation and a Trump appointee, wrote in September to Rep. James Clyburn (D-S.C.), who leads a House oversight panel on the coronavirus response.That includes multiple drug industry veterans working as HHS advisers, an academic who’s overseeing the safety of multiple COVID vaccines in clinical trials and sits on the board of Gilead Sciences, and even former government officials who divested stocks while they were federal employees but have since joined drug company boards.Dr. Scott Gottlieb and Dr. Mark McClellan, former FDA commissioners, have been visible figures informally advising the federal response. Each sits on the board of a COVID vaccine developer.After leaving the FDA in 2019, Gottlieb joined Pfizer’s board and has bought 4,000 of its shares, at the time worth more than $141,000, according to SEC filings. As of April, he had additional stock units worth nearly $352,000 that will be cashed out should he leave the board, according to corporate filings. As a board member, Gottlieb is required to own a certain number of Pfizer shares.McClellan has been on Johnson & Johnson’s board since 2013 and earned $1.2 million in shares under a deferred-compensation arrangement, corporate filings show.The two also receive thousands of dollars in cash fees annually as board members. Gottlieb and McClellan frequently disclose their corporate affiliations, but not always. Their Sept. 13 Wall Street Journal op-ed on how the FDA could grant emergency authorization of a vaccine identified their FDA roles and said they were on the boards of companies developing COVID vaccines but failed to name Pfizer and Johnson & Johnson. Both companies would benefit financially from such a move by the FDA.“It isn’t a lower standard for FDA approval,” they wrote in the piece. “It’s a more tailored, flexible standard that helps protect those who need it most while developing the evidence needed to make the public confident about getting a Covid-19 vaccine.”About the inconsistency, Gottlieb wrote in an email to KHN: “My affiliation to Pfizer is widely, prominently, and specifically disclosed in dozens of articles and television appearances, on my Twitter profile, and in many other places. I mention it routinely when I discuss Covid vaccines and I am proud of my affiliation to the company.”A spokesperson for the Duke-Margolis Center for Health Policy, which McClellan founded, noted that other Wall Street Journal op-eds cited his Johnson & Johnson role and that his affiliations are mentioned elsewhere. “Mark has consistently informed the WSJ about his board service with Johnson & Johnson, as well as other organizations,” Patricia Shea Green said.Johnson & Johnson’s vaccine is in phase 3 clinical trials and could be available in early 2021.Still, while they worked for the FDA, Gottlieb and McClellan were subject to federal restrictions on investments and protections against conflicts of interest that aren’t in place for Warp Speed advisers.According to the financial disclosure statements they signed with HHS, the advisers are required to donate certain stock profits to the NIH — but can do so after the stockholder dies. They can keep investments in drug companies, and the restrictions don’t apply to stock options, which give executives the right to buy company shares in the future.“This is a poorly drafted agreement,” said Jacob Frenkel, an attorney at Dickinson Wright and former SEC lawyer, referring to the conflict-of-interest statement included in the NIH contract with Advanced Decision Vectors, the Warp Speed advisers’ employing consulting firm. He said documents could have been “tighter and clearer in many respects,” including prohibiting the advisers from exercising their options to buy shares while they are contractors.De Notaristefani stepped down as Teva’s executive vice president of global operations in October 2019, but according to corporate filings he would remain with the company until the end of June 2020 in order to “ensure an orderly transition.” He’s been working with Warp Speed since at least May overseeing manufacturing, according to an HHS spokesperson.When Erhardt left Pfizer in May, U.S. COVID infections were climbing and the company was beginning vaccine clinical trials. Erhardt and Harrigan, whose LinkedIn profile says she left Pfizer in 2010, have worked as drug industry consultants.“Ultimately, conflicts of interest in ethics turn on the mindset behavior of the responsible persons,” said Frenkel, the former SEC attorney. “The public wants to know that it can rely on the effectiveness of the therapeutic or diagnostic product without wondering if a recommendation or decision was motivated for even the slightest reason other than product effectiveness and public interest.”KHN (Kaiser Health News) is a nonprofit news service covering health issues. It is an editorially independent program of KFF (Kaiser Family Foundation) that is not affiliated with Kaiser Permanente.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.FOR IMMEDIATE RELEASE30 November 2020Further Extension of GardaWorld Cash OfferG4S plc (“G4S” or the “Company”) notes the further extension by Garda World Security Corporation (“GardaWorld”) of the offer of 190 pence per share made through its wholly-owned subsidiary Fleming Capital Securities, Inc. G4S has a bright, independent future and the Board has unanimously rejected this wholly inadequate offer. GardaWorld has received only 0.17% acceptances, reflecting the derisory level of the offer. The Board of G4S urges shareholders to take no action in relation to the offer. GardaWorld’s announcement released earlier today is available on https://www.g4s.com/investors/offer-and-possible-offer. For further enquiries, please contact: Helen ParrisDirector of Investor Relations+44 (0) 207 9633189 Media enquiries Sophie McMillanHead of Media+44 (0) 759 5523483 Press office +44 (0) 207 9633333 G4S Joint Lead Financial Advisers and Corporate Brokers Citigroup Global Markets Limited J.P. Morgan Cazenove G4S Financial Advisers Lazard & Co., Limited Goldman Sachs InternationalG4S Legal Advisers Linklaters LLPMedia Advisers BrunswickNotes to Editors G4S is the leading global security company, specialising in the provision of security services and solutions to customers. Our mission is to create material, sustainable value for our customers and shareholders by being the supply partner of choice in all our markets.G4S is quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. After taking account of the businesses being sold in the year, G4S is active in more than 80 countries and has around 533,000 employees. For more information on G4S, visit www.g4s.com.Important Notices Citigroup Global Markets Limited ("Citi"), which is authorised by the Prudential Regulation Authority (”PRA”) and regulated in the UK by the Financial Conduct Authority (”FCA”) and the PRA, is acting exclusively for G4S and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters in this announcement and will not be responsible to anyone other than G4S for providing the protections afforded to clients of Citi nor for providing advice in relation to any matter referred to herein.J.P. Morgan Securities plc (which conducts its UK investment banking business as J.P. Morgan Cazenove) ("J.P. 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Goldman Sachs will not be responsible to anyone other than G4S for providing the protections afforded to clients of Goldman Sachs nor for providing advice in relation to any matter referred to herein.Disclosure Requirements Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). 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You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.Rule 26.1 Disclosure In accordance with Rule 26.1 of the Code, a copy of this announcement will be available at www.G4S.com, by no later than 12 noon (London time) on the business day following this announcement. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
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