Tuesday, 23 June 2015

RECALL ANNOUNCES FACILITY OPTIMISATION PROGRAM 2

SYDNEY, June 23 (Bernama) -- Recall Holdings Limited (ASX: REC), a global leader in information management, today announces the implementation of the second Facility Optimisation Program (FOP 2), provides an update on M&A activity, and confirms its earnings guidance for FY15.

Recall and Iron Mountain are working closely to prepare the regulatory filings required in relation to the Scheme Implementation Deed announced June 8, 2015, and progress is being made in line with expectations. The investment programs, related charges, expected EBITDA contribution from the items noted below, and the anticipated FX impact on FY15 financial results are included in the base business assumptions used by Iron Mountain during the transaction due diligence process.

http://mrem.bernama.com/viewsm.php?idm=24718

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