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Westminster Group Plc announced on January 21, 2022, that the Standstill Period for its $1.7 million airport security contract has ended. The company received formal notice of the contract award, originally announced on December 17, 2021, for two airports in Southeast Africa. Works are expected to begin in February, with the project anticipated to be completed and recognized during 2022.
| Date | 21 Jan 2022 |
| Time | 07:00:12 |
| Category | Corporate updates |
| ID | 1571Z |
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
Update on $1.7m Contract Award
Security Solutions - Two Airports in Southeast Africa
Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that the Standstill Period referred to in its $1.7m airport security contract award announcement on 17 December 2021 has now ended and the formal notice of contract award to Westminster has been issued.
Accordingly works are expected to begin in February and the project to be completed and recognised during 2022.
For further information please contact:
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Westminster Group Plc |
Media enquiries via Walbrook PR |
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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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Strand Hanson Limited (Financial & Nominated Adviser) |
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James Harris |
020 7409 3494 |
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Ritchie Balmer
Arden Partners plc (Broker) Richard Johnson (Corporate) Tim Dainton/Simon Johnson (Broking) |
020 7614 5900 |
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Walbrook (Investor Relations) |
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Tom Cooper |
020 7933 8780 |
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Paul Vann |
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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 is part of the Group's Corporate Social Responsibility activities. www.wg-foundation.org
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.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 ("MAR") WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN