Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWestminster Group Share News (WSG)

Share Price Information for Westminster Group (WSG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.60
Bid: 2.50
Ask: 2.70
Change: 0.00 (0.00%)
Spread: 0.20 (8.00%)
Open: 2.60
High: 2.60
Low: 2.60
Prev. Close: 2.60
WSG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Westminster To Raise GBP5 Million For Debt Redemption

Thu, 03rd Dec 2020 14:01

Westminster Group PLC - Banbury, Oxfordshire-based security services provider - Raises GBP5.0 million through placing of 125.0 million shares at a price of 4.0 pence each.

Issue price reflects 37% discount to Wednesday's closing price of 6.3p.

Proceeds from the issue will go toward fully redeeming outstanding convertible loan notes and loan stock, as well as repaying the outstanding balance on Westminster's mezzanine loan facility. Proceeds will be used for working capital projects to support the deployment of existing contracts and prospects.

Placing completion is conditional on shareholder approval at general meeting on December 21. Arden Partners is acting as sole broker. Once completed, Westminster will have 286.5 million shares issued overall.

Current stock price: 4.35 pence

Year-to-date change: down 63%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
1 Apr 2014 07:46

UK MORNING BRIEFING: Rathbone Brothers Acquires, Places Shares

LONDON (Alliance News) - UK shares have opened mostly higher Tuesday, following through on a strong close in NY and dovish comments from the US Federal Reserve chair.

Rathbone Brothers has made waves early Tuesday, announcing two major acquisitions and a share placi

Read more
25 Mar 2014 11:07

Westminster Group Wins Caribbean Government Contract

LONDON (Alliance News) - Westminster Group PLC Tuesday said it had won a contract to undertake an extensive security consultancy project for a Caribbean government. Westminster didn't name the government, but said in a statement that the work involves reviewing and assessing the country's K

Read more
25 Mar 2014 11:03

Westminster wins contract with a Caribbean government

Westminster said its Technology division has secured a new contract to undertake an extensive security consultancy project for a Caribbean government. The contract, secured by Westminster International, is for the provision of consultancy services to review and assess the country's K9 law enforcem

Read more
24 Mar 2014 15:11

CORRECT: Westminster Group Raises New Funds, Gets New Investor

(An item published at 1259 GMT misstated the number of shares issued to the new strategic investor as a result of an error in the company's original statement. The correct version follows.) LONDON (Alliance News) - Westminster Group PLC Monday said it had raised GBP300,000 by issuing 389,61

Read more
24 Mar 2014 12:59

Westminster Group Raises New Funds, Gets New Investor

LONDON (Alliance News) - Westminster Group PLC Monday said it had raised GBP300,000 by issuing 380,619 shares at 77 pence each to a new strategic investor, and had also raised gross proceeds of GBP150,150 by drawing down on its equity financing facility with Darwin Strategic Ltd. The provid

Read more
11 Nov 2013 14:45

Westminster Group Raises GBP533,468 In Drawdown Of Its Equity Financing Facility

Read more
29 Oct 2013 11:29

Westminster Group Further Cuts Debt As Loan Note Is Converted

Read more
30 Sep 2013 07:57

Westminster Group Agrees GBP385K Settlement Of Synergy Capital Loan Note

Read more
27 Sep 2013 09:09

Westminster Pretax Losses Widen Following Company Reorganisation

Read more
11 Sep 2013 10:46

Westminster Group Awarded EUR350,000 Contract With East Africa Airports

Read more
10 Sep 2013 06:51

Westminster Group Buys Trade, Name And Website Of GXS Aviation

Read more
28 May 2013 07:37

Westminster Group narrows 2012 losses

Westminster Group, supplier of technology to security and defence markets, reported a fall in annual revenue, reflecting timing issues on orders. Revenue for the year ended December 31st 2012 came to £9.5m, down from the previous year's £10.1m. The UK company - which has two divisions including

Read more
28 Mar 2013 15:40

Westminster Group advances on restructuring efforts

Westminster Group shares rose Thursday after the security systems supplier announced restructuring of the group's businesses into two new divisions. The company said a managed services division and technology division were set up so it could focus on its growing international opportunities. The ma

Read more
26 Feb 2013 09:09

Westminster unveils places amid positive trading

Westminster Group said Tuesday that the West African airport contract announced in February 2012 continues to perform well and revealed new carriers will be commencing operations in 2013, and furthermore that existing operators are expanding their capacity on the route. It said this should benefit

Read more
12 Feb 2013 12:03

Westminster Group wins extension order for counter terrorism equipment

Westminster Group has secured a 250,000-dollar extension order for the supply of high technology scanning equipment for counter terrorism activities in the Middle East. The supplier of system solutions and products to security, defence, fire protection and safety products said it will be delivered

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.