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WSG Westminster Group Plc

2.50
-0.05 (-1.96%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Westminster Group Plc LSE:WSG London Ordinary Share GB00B1XLC220 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -1.96% 2.50 2.40 2.60 2.55 2.45 2.55 2,991,596 12:07:26
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 9.53M 121k 0.0004 62.50 8.26M

Westminster Group PLC New $4.5m Contract Award - Middle East (2815J)

28/03/2018 2:37pm

UK Regulatory


Westminster (LSE:WSG)
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TIDMWSG

RNS Number : 2815J

Westminster Group PLC

28 March 2018

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

Westminster Group Plc

('Westminster', the 'Group' or the 'Company')

New $4.5m Contract Award - Middle East

Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that its Technology Division has been awarded a contract for the provision of advanced vehicle screening solutions to an existing client within the Middle East.

Under the Contract, valued at around $4.5m USD, Westminster will provide a number of advanced vehicle screening solutions to screen vehicles for security threats and contraband as they enter a high security facility.

The project will commence as soon as advanced payments are received and is anticipated to be largely delivered during the current financial year.

Commenting on the contract award Peter Fowler, Chief Executive of Westminster Group, said:

"I am delighted to be able to announce this important new contract award to an existing customer within the Middle East, which has been secured after a prolonged period of negotiations.

"This contract is one of several large-scale projects we are negotiating in the region"

For further information, please contact:

 
Westminster Group Plc                                Media enquiries via Walbrook PR 
Rt. Hon. Sir Tony Baldry - Chairman 
Peter Fowler - Chief Executive Officer 
Martin Boden - Chief Financial Officer 
 
S. P. Angel Corporate Finance LLP (NOMAD & Broker) 
Stuart Gledhill                                      020 3470 0470 
Lindsay Mair 
Caroline Rowe 
 
Walbrook (Investor Relations) 
Tom Cooper                                           020 7933 8780 
Paul Vann                                            0797 122 1972 
                                                     tom.cooper@walbrookpr.com 
 

Notes:

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

Westminster's principal activity is the design, supply and on-going support of advanced technology security solutions, encompassing a wide range of surveillance, 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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTXVLFLVXFXBBX

(END) Dow Jones Newswires

March 28, 2018 09:37 ET (13:37 GMT)

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