NCR Atleos Corporation has extended its long-standing relationship with Shell UK Oil Products Limited to operate ATMs across Shell’s forecourt network in the United Kingdom. Under the renewed agreement, NCR Atleos will manage 408 free-to-use ATMs across Shell’s national forecourt estate. This partnership aims to ensure consistent and convenient access to cash for customers while supporting operational efficiency at high-traffic fuel and convenience retail locations.

Shell operates a large network of forecourts where dependable access to cash remains an important part of the journey for fueling, in-store purchases, and ancillary services. The strategic priorities for both Shell and NCR Atleos include maintaining high ATM availability, ensuring free-to-use access, and supporting a seamless customer journey.

Service Scope

NCR Atleos will deliver a fully managed, end-to-end ATM service to address these requirements. The service scope includes:

• Monitoring
• Maintenance
• Cash management
• Regulatory compliance

This approach ensures high ATM availability and performance while minimizing the operational burden for Shell.

Management Commentary

Janine Albrecht-Webb, General Manager Mobility & Convenience for the UK at Shell, emphasized the importance of the collaboration. "Providing our customers with convenient, free access to cash remains an important part of the forecourt experience," she said. "Our continued collaboration with NCR Atleos enables us to deliver a reliable service at scale while enhancing convenience and supporting retail engagement across our network."

Neil Martin, Area Managing Director for the UK at NCR Atleos, highlighted the strength of the relationship. "This engagement reflects the strength of our relationship with Shell and their continued confidence in the ability of NCR Atleos to deliver reliable, large-scale ATM services," he stated. "Together, we are enabling convenient access to cash for consumers while helping drive footfall and enhance the retail experience across Shell’s forecourt network."

Operational Impact

Through this collaboration, Shell customers benefit from dependable, free access to cash at forecourt locations nationwide. This added convenience supports fuel transactions, in-store purchases, and an overall satisfying customer journey. Additionally, the partnership is expected to help increase dwell time and retail spend at these locations.

Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of NCR Atleos Corporation to The Brink's Company to determine if the transaction terms are adequate. The investigation focuses on whether the consideration offered undervalues NCR Atleos. Shareholders are set to receive $30.00 in cash and 0.1574 shares of Brink's common stock for each share of NCR Atleos they own.

Proposed Transaction Details

The proposed acquisition involves a cash and stock exchange structure. The following table outlines the consideration offered to NCR Atleos shareholders:

Investigation Scope

KSF is examining the process that led to the proposed sale. The firm aims to assess if the board of NCR Atleos fulfilled its fiduciary duties to secure the best possible value for shareholders. The investigation will scrutinize the fairness of the price and the adequacy of the information provided to stockholders.

Shareholder Options

Shareholders who believe the transaction undervalues the company may contact KSF to discuss their legal rights. Lewis S. Kahn, Managing Partner at KSF, is available to address inquiries regarding the proposed sale. The firm is offering consultations without obligation or cost to affected investors.