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RNS Number : 8173N
Westminster Group PLC
26 May 2020
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE MARKET ABUSE REGULATION NO. 596/2014 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
$665,000 Contract Award - Fever Screening & Sanitiser Stations
Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that its Technology Division has been contracted to provide a leading g lobal investment management corporation with a range of fever screening and safety equipment for deployment to its worldwide offices as part of its 'Return to Work' programme.
The contract, valued at c.$665,000 USD, includes the provision of a range of fever screening systems covering different applications together with sanitisation stations to 85 offices in 37 countries around the world. We expect to complete this order within the next few weeks.
Commenting on the contract award Westminster's Chief Executive Officer, Peter Fowler, said:
"Westminster is a trusted brand in the provision of fever screening and associated equipment, having been supplying such equipment for many years. Since the COVID-19 outbreak we have seen a significant increase in demand for our services and have been assisting companies and organisations around the world with their screening and safety requirements. This is all the more likely now as countries around the world begin to ease restrictions and businesses and organisations look to put measures in place to enable a safe return to work.
"I am delighted therefore that Westminster has been selected to provide screening and sanitisation solutions to one of the world's leading investment management companies, which is a testament to Westminster's global reach.
"The coordinated logistics of delivering the equipment to 85 offices in 37 countries presents an interesting challenge and I am impressed with how our team has risen to the task.
"Whilst fever screening and associated equipment is just one facet of Westminster's worldwide security and safety business, we believe demand for these services will continue for some time and represents a real opportunity for our business in today's 'New Normal'."
For further information please contact:
Westminster Group Plc Media enquiries via Walbrook
Rt. Hon. Sir Tony Baldry - Chairman
Peter Fowler - Chief Executive Officer
Mark Hughes - Chief Financial Officer
S. P. Angel Corporate Finance LLP (NOMAD
Stuart Gledhill 020 3470 0470
Walbrook (Investor Relations)
Tom Cooper 020 7933 8780
Nick Rome Westminster@walbrookpr.com
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.
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(END) Dow Jones Newswires
May 26, 2020 02:00 ET (06:00 GMT)