Westminster Group PLC Director/PDMR Share Purchases (8953F)

TIDMWSG

RNS Number : 8953F

Westminster Group PLC

10 November 2022

10 November 2022

Westminster Group Plc

('Westminster' or the 'Company')

Purchase of Shares by Directors & Company Secretary

Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions, is pleased to announce that it has been notified that the Company's CEO, CFO, and the Company Secretary, have purchased, in aggregate, 2,136,917 shares of 0.1 pence each in the Company ('Ordinary Shares'):

 
      Name              Title              Number of         Aggregate     Total Ordinary    % of issued 
                                            Ordinary         price paid     Shares owned     share capital 
                                        Shares purchased    per Ordinary                      of Company 
                                                               Share 
                   Chief Executive 
 Peter Fowler#          Officer             1,091,917           1.78p         7,693,711          2.328% 
                 -------------------  ------------------  --------------  ---------------  --------------- 
                   Chief Financial 
  Mark Hughes           Officer             855,000            1.88p          971,000           0.294% 
                 -------------------  ------------------  --------------  ---------------  --------------- 
 Roger Worrall    Company Secretary         190,000            1.88p         2,484,861          0.752% 
                 -------------------  ------------------  --------------  ---------------  --------------- 
 

# Note Peter Fowler's purchase consisted of 236,917 Ordinary Shares purchased in his own name and 855,000 Ordinary Shares purchased by Lawnscote Holdings Limited, a family investment company, which is controlled by Peter Fowler, and owned 60 per cent by Peter Fowler and his wife, 20 per cent. by Stuart Fowler, who is also a director of the company, and 20 per cent. by Joanna Fowler, who is a connected party.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                                  a) Lawnscote Holdings Limited 
                                              b) Peter Fowler, Chief Executive 
                                              Officer 
                                              c) Mark Hughes, Chief Financial 
                                              Officer 
                                              d) Roger Worrall, Company 
                                              Secretary 
     --------------------------------  --------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------- 
 a)   Position/status                   See 1(a) - classified as PDMRs 
                                         of the Company 
     --------------------------------  --------------------------------------- 
 b)   Initial notification/ Amendment   Initial Notification 
     --------------------------------  --------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                              Westminster Group Plc 
     --------------------------------  --------------------------------------- 
 b)   LEI                               213800LU5SW6Q8RDVQ64 
     --------------------------------  --------------------------------------- 
 4.   Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------------- 
 a)   Description of the Financial      Ordinary shares of 0.1 pence 
       instrument, type of instrument    each 
     --------------------------------  --------------------------------------- 
      Identification code               GB00B1XLC220 
     --------------------------------  --------------------------------------- 
 b)   Nature of the transaction         Acquisition of Ordinary Shares 
     --------------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)                       a) Price: 1.88p 
                                                    Volume: 855,000 
 
                                                    b) Price: 1.45p 
                                                    Volume: 236,917 
 
                                                    c) Price: 1.88p 
                                                    Volume: 855,000 
 
                                                    d) Price: 1.88p 
                                                    Volume: 190,000 
     --------------------------------  --------------------------------------- 
 d)   Aggregated information: 
       -- Aggregated volume               N/A 
       -- Price 
     --------------------------------  --------------------------------------- 
 e)   Date of the transaction 
                                          9 November 2022 
     --------------------------------  --------------------------------------- 
 f)   Place of the transaction 
                                          AIM 
     --------------------------------  --------------------------------------- 
 

For further information please contact:

 
Westminster Group Plc                          Media enquiries via Walbrook 
                                                PR 
Rt. Hon. Sir Tony Baldry - Chairman 
Peter Fowler - Chief Executive Officer 
Mark Hughes - Chief Financial Officer 
 
Strand Hanson Limited (Financial & Nominated 
 Adviser) 
James Harris                                   020 7409 3494 
Ritchie Balmer 
 Richard Johnson 
 
 Arden Partners plc (Broker) 
 Ruari McGirr (Corporate) 
 Tim Dainton/Simon Johnson (Broking)             020 7614 5900 
 
Walbrook (Investor Relations) 
Tom Cooper                                     020 7933 8780 
Paul Vann 
Nick Rome                                      [e-mail] 
 

Notes:

Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.

Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO's) and blue-chip commercial organisations.

The Westminster Group Foundation is part of the Group's Corporate Social Responsibility activities. www.wg-foundation.org

The Foundation's goal is to support the communities in which the Group operates by working with local partners and other established charities to provide goods or services for the relief of poverty and the advancement of education and healthcare particularly in the developing world.

The Westminster Group Foundation is a Charitable Incorporated Organisation, CIO, registered with the Charities Commission number 1158653.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 ("MAR") WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN

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November 10, 2022 02:00 ET (07:00 GMT)