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Westminster Group - $665k Fever Detection Deal with Global Inv Mgmt Co

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 global 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 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

[email protected]

 

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.

 

 

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: Westminster Group PLC

Price: 9.25

Market: AIM
Market Cap: £14.84 m
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