Last checked at 28 Mar 2018 14:37
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 |
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Peter Fowler - Chief Executive Officer |
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Martin Boden - Chief Financial Officer |
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S. P. Angel Corporate Finance LLP (NOMAD & Broker) |
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Stuart Gledhill | 020 3470 0470 |
Lindsay Mair |
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Caroline Rowe |
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Walbrook (Investor Relations) |
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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.