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Share Price Information for Westminster Group (WSG)

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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
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Westminster issues £1.2m in loan notes to support projects

Tue, 22nd Nov 2016 15:26

(ShareCast News) - Westminster Group, an AIM listed supplier of security services and technology, has signed agreements for the issuance of £1.2m convertible unsecured loan notes (CULN) to support expansion projects in the Middle East and Asia.The company is in discussions regarding a large scale long term Middle East airport security project and is progressing another similar project in Asia. The size and complexity of these projects, particularly the Middle East airport, has necessitated extensive pre-contract expenditure around professional and preparation costs including the establishment of an office in mainland Europe.The loan notes have been issued to Darwin Capital. The CULN is unsecured, has a zero coupon attached and will be divided into 48 individual notes with a par value of £25,000 each.For each loan note issued the company will receive 90% of the par value equivalent to £22,500 per individual loan note.If the loan noted were fully converted at the mid-market closing price of 21.75p on 21 November 2016 they would represent 6% of the group's enlarged capital.The share price fell 29.19% to 15.40p at 1548 GMT on Tuesday.
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19 Nov 2014 11:40

Westminster Group wins West African ferry deal

Security and fire protection product supplier Westminster Group has secured a 21-year deal from an unidentified West African country to manage several new ferry terminals and to run a sea ferry transfer service. Westminster said the new concession and lease agreement, which is expected to g

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27 Oct 2014 10:43

Westminster Group's charity launches Ebola crisis appeal in West Africa

Westminster Group Foundation has launched an Ebola crisis appeal in West Africa in order to "try and alleviate some of the suffering caused by the outbreak". The charity is part of Westminster Group, whose operations and share price have been affected by the Ebola virus. The security group saw seve

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27 Oct 2014 09:43

Westminster Group Launches Ebola Charity Appeal

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14 Oct 2014 15:24

Westminster Group Slides As Gambia Bird Is Blocked From Resuming Flights

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7 Oct 2014 11:29

Ebola hits Westminster Group but flights resume

Security systems and product supplier Westminster Group reported disruption to its airport operations in West Africa from the impact on air travel of the Ebola virus but said an airline was resuming flights. Westminster said Ebola had forced several airlines to temporarily suspend flights into affec

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7 Oct 2014 08:04

Westminster Says Gambia Bird To Restart Flights Following Ebola Suspension

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7 Oct 2014 07:54

Some Ebola flight restrictions lifted says Westminster Group

Safety and security product supplier Westminster Group has announced that Gambia Bird, one of the airlines that suspended flights due to the West African Ebola outbreak, is due to resume business as usual shortly. Several airlines had halted flights into the affected region while other airlines incl

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2 Oct 2014 14:58

Air industry battles Ebola with heat scans and handwash

* Emirates chief says demand to Africa from Asia suffering * IATA says air travel safe, transmission risk onboard low * Passengers undergo temperature scans at African airports * Brussels, Royal Air Maroc still flying to crisis areas By Victoria Bryan BERLIN, Oct 2 (

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30 Sep 2014 09:23

Westminster Group Losses Widen; Signs Mexico Franchise Contract

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17 Sep 2014 13:46

Westminster Group airport volumes higher despite Ebola concern

Westminster Group, which provides security for two airports in Liberia and Sierra Leone, said passenger volumes were still higher than last year despite the outbreak of the Ebola virus leading to several airlines suspending flights into the region. AIM-listed Westminster said volumes in the year to

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17 Sep 2014 10:41

Westminster Group Says Passenger Volumes Up Despite Ebola Outbreak

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18 Aug 2014 14:02

BUZZ-Westminster Group: Down on Ebola update

** Security services provider Westminster Group Plc's shares down 5.7 percent to 48.10 pence. ** Co expects suspensions in air travel in West Africa due to the outbreak of the Ebola virus to affect its numbers for August (abhiram.nandakumar.thomsonreuters.com@reuters.net)

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18 Aug 2014 12:53

Westminster Expects Flight Suspensions To Hit August Passenger Numbers

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11 Aug 2014 12:52

Westminster Group wins African ferry service deal

Security and fire protection product supplier Westminster Group has signed a deal worth up to $300m to provide infrastructure and management services for a new ferry route in Africa. Westminster and 50/50 joint venture partner, UK sea ferry company CWind, have signed an initial agreement with an un

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11 Aug 2014 11:23

UK MIDDAY BRIEFING: RBS Mulls Sale Of Coutts International

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