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| G4S shares slide on Florida gunman link | G4S shares slide on Florida gunman link |
| (35 minutes later) | |
| G4S shares fell 5% on Monday after it emerged the company had employed Orlando gunman Omar Mateen, who killed 50 people in a Florida nightclub. | |
| G4S said Mateen was employed at a residential community in south Florida. | G4S said Mateen was employed at a residential community in south Florida. |
| The fall appeared to be prompted by worries the massacre could damage G4S's ability to win US government contracts. | |
| The company described itself as "the largest security solutions provider in the world". About 20% of its 610,000 employees are in the US. | |
| G4S said that Mateen underwent detailed security screening when he was recruited in 2007 and was re-screened in 2013 with "no adverse findings". | |
| The company said: "G4S is deeply shocked by the tragic events in Orlando this weekend and the thoughts of everyone at G4S are with the victims and their families. | The company said: "G4S is deeply shocked by the tragic events in Orlando this weekend and the thoughts of everyone at G4S are with the victims and their families. |
| "G4S is providing its full support to all law enforcement authorities in the USA as they conduct their investigations." | "G4S is providing its full support to all law enforcement authorities in the USA as they conduct their investigations." |
| Jasper Lawler, analyst at CMC Markets, said there were "definitely some question marks over their hiring practices and maybe their wider business practices". | Jasper Lawler, analyst at CMC Markets, said there were "definitely some question marks over their hiring practices and maybe their wider business practices". |
| "If [G4S is] in the spotlight, then that risks future contracts for them in the US," he added. | "If [G4S is] in the spotlight, then that risks future contracts for them in the US," he added. |
| The 19.8p decline to 177.6p brings the slide in G4S shares this year to more than 21%, and 38% over the past 12 months, leaving the company worth £2.7bn. | |
| There was a 5.9% fall on the Copenhagen stock exchange, where the company is also listed. It was created in 2004 by the merger of Securicor in the UK with Denmark's Group 4 Falck. | |
| Shares fell by more than a fifth in March when G4S reported a sharp fall in annual profits after taking a £65m charge to cover the cost of "onerous" UK government contracts. | |
| G4S attracted widespread criticism in 2012 after failing to recruit and train enough security staff ahead of the London 2012 Olympics. Soldiers had to be drafted in as a result. | G4S attracted widespread criticism in 2012 after failing to recruit and train enough security staff ahead of the London 2012 Olympics. Soldiers had to be drafted in as a result. |
| The following year it was found to have overcharged the UK Ministry of Justice for the electronic tagging of offenders. | The following year it was found to have overcharged the UK Ministry of Justice for the electronic tagging of offenders. |
| The company warned investors in March that it could suffer a further £57m of losses if its contract to run asylum centres in the UK was extended to 2019. | The company warned investors in March that it could suffer a further £57m of losses if its contract to run asylum centres in the UK was extended to 2019. |