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Share Price: 2.65

Bid: 2.50

Ask: 2.80

Change: -0.05 (-1.85%)

Spread: 0.30 (12.00%)

Open: 2.70

High: 2.70

Low: 2.65

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Westminster Group wins security contract for two airports in Africa

Fri, 17th Dec 2021 12:57

(Alliance News) - Westminster Group PLC said on Friday it has won a GBP1.7 million security contract for two airports in south east Africa.

Shares in Westminster Group were up 8.4% at 3.09 pence on Friday afternoon in London following the announcement.

The Oxfordshire-based security company said the contract was funded by the European Investment Bank and involves the upgrading of equipment, including new x-ray screening and metal detection equipment, an advanced CCTV surveillance system and new control and command centres at both airports.

Westminster didn't name the two airports.

Installation works are expected to begin in the new year, and the project is expected to be during 2022.

Westminster added that, despite the impact of Covid-19, it has a "healthy" cash balance that is sufficient for current requirements.

By Heather Rydings; heatherrydings@alliancenews.com

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IN BRIEF: Westminster shares up as security deal won for a UK airport

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IN BRIEF: Westminster Group in GBP300,000 African parliament pact

Westminster Group PLC - London-based provider of security services for places such as ports, airports and commercial buildings - Wins deal worth over GBP300,000 to supply and install baggage and people screening solution for West African Parliament building. Westminster says the work will "detect any weapons, threats or contraband being carried into the building". Project begins immediately and will be completed "within the next few months".

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21 Jan 2022 11:00

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Westminster Group Share News (WSG)

Share Price Information for Westminster Group (WSG)

Westminster Group wins security contract for two airports in Africa

IN BRIEF: Westminster shares plunge as annual revenue expected to drop

LONDON MARKET MIDDAY: Stocks upbeat ahead of Wednesday's Fed decision

AIM WINNERS & LOSERS: Quantum Blockchain wins case; Bowleven plunges

Westminster wins another contract ahead of Protect Duty legislation

Westminster Group secures mass entry screening contract

AIM WINNERS & LOSERS: Westminster wins contract; i3 cuts guidance

Westminster wins GBP100,000 contract for "iconic building" in UK

Westminster narrows half-year loss as revenue rises

AIM WINNERS & LOSERS: Westminster and Pelatro rise on contract wins

IN BRIEF: Westminster shares up as security deal won for a UK airport

AIM WINNERS & LOSERS: SDI upbeat; Westminster rises on contract win

IN BRIEF: Westminster Group in GBP300,000 African parliament pact

IN BRIEF: Westminster shares fall as annual loss more than doubles

AIM WINNERS & LOSERS: Nightcap sales up; M&C Saatchi to resume payouts

IN BRIEF: Westminster airport security contract standstill period ends

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