Westminster Group PLC Security Contract for Houses of Parliament (3585A)
29 Septiembre 2020 - 1:00AM
UK Regulatory
TIDMWSG
RNS Number : 3585A
Westminster Group PLC
29 September 2020
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN
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Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
Significant Contract Award - UK Parliament
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 awarded a
contract to replace and maintain the security screening equipment
at the Palace of Westminster, informally known as the Houses of
Parliament, together with the provision of other ancillary services
.
The contract commencement date is the 1 October 2020 and the
duration of contract is initially for 5 years, although this may be
extended. The contract value will not exceed the maximum sum of
GBP1.8 million, subject to what services are provided over the life
of the contract. This contract was awarded after a lengthy tender
process under which Westminster was rated highest out of all
bidders, both technically and commercially.
The project includes the removal of existing systems and the
installation and maintenance of new advanced X-Ray Screening and
associated systems to screen people and baggage entering this
iconic building, together with other ancillary services.
Given the nature of this contract and the services involved,
further information is restricted.
Commenting on the contract award Westminster's Chief Executive
Officer, Peter Fowler, said:
"As reported in our 2020 half year results, released on 14
August 2020, Westminster has not only successfully navigated the
COVID-19 crisis but has continued its year on year double digit
growth trajectory, with another 24% increase in revenues for H1
2020. We achieved this, in part, through our ability to secure and
deliver complex security solutions and a wide range of security
products to clients around the world, including many governments
and large-scale organisations, such as the recently announced
$665,000 contract for fever screening to a global investment
management corporation's worldwide offices.
"However, whilst we operate worldwide, it is always pleasing to
add to our growing portfolio of high-profile contracts nearer to
home, which includes clients such as Holyrood, the Scottish
Parliament and other government bodies. I am delighted therefore
that Westminster has been selected to provide security screening
and maintenance services to the Palace of Westminster, being the
iconic home of the UK Parliament. I am equally delighted to have
scored so highly in the assessment.
"With the Palace of Westminster being such an important building
and the nature of the services involved, the project required
careful planning and an innovative approach to the various
challenges involved. Securing this latest high-profile contract is
a testament to our agility, expertise and professionalism. "
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 (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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