Last checked at 15 May 2020 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014
Westminster Group Plc
('Westminster' or the 'Company')
Purchase of Shares by Directors
Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions, is pleased to announce that it has been notified that the following Directors purchased in aggregate 310,000 shares of 10 pence each in the Company ('Ordinary Shares'):
Director Name | Title | Number of Ordinary Shares purchased on 14 May 2020 | Aggregate price paid per Ordinary Share | Total Ordinary Shares owned | % of issued share capital of Company |
Peter Fowler | Chief Executive Officer | 40,000 | 10.26p | 6,501,794 | 4.077% |
Charles Cattaneo | Non-Executive Director | 120,000 | 10.40p | 250,000 | 0.157% |
Lady Patricia Lewis ("Patsy Baker") | Non-Executive Director | 150,000 | 9.76p | 250,000 | 0.157% |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Names | a) Peter Fowler, Chief Executive Officer b) Charles Cattaneo, Non-Executive Director c) Lady Patricia Lewis, Non-Executive Director |
2. | Reason for the Notification | |
a) | Position/status | See 1(a) - classified as PDMRs of the Company |
b) | Initial notification/ Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Westminster Group Plc |
b) | LEI | 213800LU5SW6Q8RDVQ64 |
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
a) | Description of the Financial instrument, type of instrument | Ordinary shares of 10 pence each
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| Identification code | GB00B1XLC220 |
b) | Nature of the transaction | Acquisition of Ordinary Shares
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c) | Price(s) and volume(s) | a) Price: 10.26p Volume: 40,000
b) Price: 10.40p Volume: 120,000
c) Price: 9.76p Volume: 150,000 |
d) | Aggregated information: · Aggregated volume · Price |
310,000
10.07p |
e) | Date of the transaction |
14 May 2020 |
f) | Place of the transaction |
AIM |
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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Mark Hughes - Chief Financial Officer |
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S. P. Angel Corporate Finance LLP (NOMAD & Broker) |
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Stuart Gledhill | 020 3470 0470 |
Caroline Rowe |
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Walbrook (Investor Relations) |
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Tom Cooper | 020 7933 8780 |
Paul Vann | 0797 122 1972 |
Nick Rome | Westminster@walbrookpr.com |
Notes:
Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.
Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever 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.
The Westminster Group Foundation was formed in 2014 as an initiative of Westminster Group plc. during the West African Ebola Crisis.
The Foundation's goal is to support the communities in which the Group operates by working with local partners and other established charities to provide goods or services for the relief of poverty and the advancement of education and healthcare particularly in the developing world.
The Westminster Group Foundation is a Charitable Incorporated Organisation, CIO, registered with the Charities Commission number 1158653.