Westminster Group PLC Ghana Screening Project Update (8475F)
12 Marzo 2020 - 1:00AM
UK Regulatory
TIDMWSG
RNS Number : 8475F
Westminster Group PLC
12 March 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')
Ghana Screening Project Update
Westminster Group Plc (AIM: WSG), a leading supplier of managed
services and technology-based security solutions worldwide, is
pleased to report that the main contract (Contract) relating to the
container screening project at Tema Port, Ghana, which Westminster
has been operating since July 2019, has now been signed between
Meridian Port Services and Scanport, confirming Westminster as the
Technical Partner for the duration of the Contract and arrangements
are now being made for a Westminster director to travel to Ghana to
finalise the associated Scanport-Westminster contract. The Contract
is for a renewable 5-year term. As previously announced the signing
of these contracts had been delayed due to unrelated issues and
have been considered a formality given Scanport and Westminster
were appointed and operational from the Port opening in 2019.
We are also pleased to report that container volumes and
revenues relating to the project continue to increase with the
daily averages so far in 2020 being a 59% increase on the 2019
daily average and we expect volumes to increase further during 2020
as the port continues to expand and the third and fourth berths
become operational.
Further details will be provided in due course.
For further information please contact:
Westminster Group Plc Media enquiries via Walbrook
PR
Rt. Hon. Sir Tony Baldry - Chairman
Peter Fowler - Chief Executive Officer
Mark Hughes - Chief Financial Officer
S. P. Angel Corporate Finance LLP (NOMAD
& Broker)
Stuart Gledhill 020 3470 0470
Caroline Rowe
Walbrook (Investor Relations)
Tom Cooper 020 7933 8780
Paul Vann
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, 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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