RE: New Contract - NBA24 Oct 2022 21:24
Lol. What I mean by that is they have just been certified by the Saudi Arabian high commission for industrial security - I’m sure it said they were the only ones & it means they can win serious contracts at gov level.
Also, the protect duty legislation they comes in in early 2023 will potentially be huge for WSG who have already won two contracts under this framework, if you like.
From RNS October 2nd:
‘The forthcoming Protect Duty legislation, which is shortly due to come into force within the UK, will set out standards to protect patrons and the general public from terrorist attacks when in crowded spaces by putting in place appropriate security measures. This could include settings such as sports stadiums; festivals and music venues; hotels; pubs; clubs; bars and casinos; high streets; retail stores; shopping centres and markets; schools and universities; medical centres and hospitals; places of worship; government offices; job centres; transport hubs; parks; beaches; public squares and other places where gatherings of people occur. The Home Office estimates that 650,000 UK businesses could be affected.‘
That is a huge market for WSG that has just opened. Huge.
This was the RNS:
‘ 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 to provide a Mass Entry Screening solution to a significant theatre and exhibition complex in Northern England as part of its preparation for the UK's forthcoming 'Protect Duty' legislation.’
That’s two things, both very recent that, for me, means WSG could be an unbelievable buy sub 2p
Sign In
Follow the stocks
