14 Sep 2009 07:00
14 September 2009
Westminster Group Plc:
New £540k PA Contract Award - Middle East
Close Protection for High Net Worth Individual
Westminster Group Plc ('Westminster' or 'the Group'), the AIM listed supplier of system solutions and products to the security, defence, fire protection and safety markets worldwide, announces that its Close Protection and Consultancy division, the Longmoor Group ('Longmoor' or 'the Company'), has been awarded a rolling 12 month contract for the protection of a High Net Worth Individual and his family based in the Middle East.
Under the contract, Longmoor will provide both male and female close protection operatives (bodyguards) providing 24hr security to the principal and his family both within their home country and also during their worldwide travels.
The Contract is valued at £540,000 per annum and will commence immediately.
Commenting on the contract award Peter Fowler, Chief Executive of Westminster Group, said:
"We acquired Longmoor earlier this year because we believed the Company to have significant growth prospects which could be enhanced by Westminster's worldwide presence and marketing expertise. This has been borne out by the significant rise in enquiry activity that the Company is currently experiencing and I am delighted to be able to announce this latest long term contract award which gives good visibility of earnings through 2010.
"It is yet another example of Westminster's ability to win business and deploy a broad range of security solutions to clients worldwide"
Enquiries:
Peter Fowler 01295 756 300
Chief Executive - Westminster Group Plc
Nicholas Mearing-Smith 01295 756 300
Finance Director - Westminster Group Plc
Charlie Cunningham/Clive Carver 020 7600 1658
FinnCap
Tom Cooper/Paul Vann 0117 920 0092
Winningtons Financial
Notes:
Westminster Group plc is a leader in the supply of system solutions and products to the security, defence, fire protection and safety markets worldwide.
Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions, risk assessments and close protection services. These can range from product only assignments, such as the supply of specialised scanners, to the design and implementation of an integrated system solution such as a border detection and surveillance system. The majority of its customer base, by value, comprises governments and government agencies, non governmental organisations and blue chip commercial organisations.
Westminster Group (WSG)