30 Oct 2008 12:56
๏ปฟ
For Immediate Release 30thย Octoberย 2008
Westminster Group Plc
Share Price Movement
The Directors ofย Westminster Group Plc ('Westminster' or 'theย Company'), the AIM listed supplier of system solutions and products to the security, defence, fire protection and safety markets worldwide,ย have notedย theย recentย price movement in the company's sharesย which they believe is the result of aย forced seller in the market.
The Directorsย are pleased toย confirm that Westminster is trading in line with expectationsย andย isย seeing the benefits of initiatives taken to develop the business since flotation last year.
The Companyย isย alsoย pleased to report that it is inย detailed discussions with aย major productย manufacturer to establish a distributorship in the Middle East, whichย the Board believesย wouldย have a significant positive impact onย itsย business. A further announcement will be madeย in due course.
Enquiries:
Peter Fowler 01295 756 300
Chief Executive - Westminster Group Plc
Nicholasย Mearing-Smith 01295ย 756 300
Finance Director - Westminster Group Plc
Clive Carver/Charlie Cunningham 020 7600 1658
FinnCap
Tom Cooper/Paul Vann 020ย 3043 4162
Winningtons Financial
ย
Notes:
Westminster Group plc is a leader in the supply of system solutions and productsย to the security, defence, fire protection and safety markets worldwide.
Westminster's principal activity is the design, supply and ongoing support ofย advancedย technology security solutions. These can range from product onlyย assignments, such as the supply of specialised scanners, to the design andย implementation of an integrated system solution such as a border detection andย surveillance system. The majority of its customer base, by value, comprisesย governments and government agencies, non governmental organisations and blueย chip commercial organisations.
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