Westminster Group Regulatory News (WSG)

17 Jul 2007 07:00

Westminster Group PLC17 July 2007 17th July 2007 Westminster Group Plc Pre close trading statement Westminster Group Plc ("Westminster"), the AIM listed supplier of systemsolutions and products to the security, defence, fire protection and safetymarkets worldwide, is pleased to announce that enquiry levels from prospectivecustomers have been higher than anticipated and, in consequence, your board ishopeful for a strong sales performance later in the year. In the period from 1 June 2007 to 13 July 2007, Westminster received 169enquiries and issued 95 quotations for, in aggregate, some £83 million. At 13July 2007 Westminster's open quote book totalled some £370 million. As stated in the Admission Document, the conversion of quotes to orders in thefirst half of the current financial year was slower than originally anticipated.However, given the current level of the open quote book the Westminster boardremains confident of a strong outcome for the year as a whole. It is anticipated that the interim results for the six months to 30 June 2007will be announced in the third week of September. Enquiries Peter Fowler, Chief Executive 01295 756 300Westminster Group plc Charles Cunningham 0207 660 1598JM Finn & Co. Ltd Tom Cooper/Paul Vann 0117 920 0092Winningtons Financial Notes: Westminster Group plc is a leader in the supply of system solutions and productsto the security, defence, fire protection and safety markets worldwide. It wasadmitted to the Alternative Investment Market of the London Stock Exchange inJune 2007 at which time it raised approximately £2.5million net of expenses byway of a Placing of 4,537,336 new Ordinary Shares at 67.5pence per share throughJ M Finn & Co Ltd, the Company's nominated adviser and broker. Its market valueat flotation was £10million. Westminster's principal activity is the design, supply and ongoing support ofadvanced technology security solutions. These can range from product onlyassignments, such as the supply of specialised scanners, to the design andimplementation of an integrated system solution such as a border detection andsurveillance system. The majority of its customer base, by value, comprisesgovernments and government agencies, non governmental organisations and bluechip commercial organisations This information is provided by RNS The company news service from the London Stock Exchange