Statement re AGM

RNS Number : 8901M

Newmark Security PLC

24 September 2012

 



Press Release

24 September 2012

Newmark Security plc

("Newmark Security" or "the Group")

AGM Statement

Newmark Security plc (AIM:NWT), a leading provider of electronic and physical security systems, will hold its Annual General Meeting at 10:00am today.  At the AGM Maurice Dwek, Chairman, will make the following statement:

Despite the continuing worldwide economic problems that creates many challenges for our clients and to our business, overall, trading is broadly in line with market expectations.  The first tranche of equipment to be supplied to the Post Office under their Network Transformation Programme will have been invoiced and paid for in the first half of the year in line with our expectations.  As always with our businesses, the outcome for the full year will be dependent on the timing of the larger projects of our customers."

- Ends -

For further information:

Newmark Security plc
Maurice Dwek, Chairman	Tel: [phone]
Brian Beecraft, Finance Director	www.newmarksecurity.com

Seymour Pierce Limited
Mark Percy / David Forman, Corporate Finance	Tel: [phone]
Katie Ratner, Corporate Broking	www.seymourpierce.com

Notes to editors

Newmark Security PLC is a leading provider of electronic and physical security systems, which focus on personal security and the safety of assets.  Operating through two established and wholly owned divisions, Grosvenor Technology (Electronic) and Safetell (Asset Protection), the Group listed on AIM in 1997.

Founded in 1989 Grosvenor Technology provides state of the art access control, security and data acquisition systems delivered via its flagship JANUS access platform and its CUSTOM brand OEM product range.  Clients include BAE Systems, UK Air Traffic Control, BSkyB, Merrill Lynch (Europe, Middle East and Asia) as well as M&S, Morrisons, Tesco, Network Rail, British Royal Palaces, government departments and many universities.  More information can be found at www.gtl.biz

Offering staff and asset protection since 1987, Safetell is the UK's leading provider of fixed and reactive security screens, reception counters, cash management systems and associated security equipment.  Safetell's customers range from leading blue chip organisations to single sites including banks and building societies, police forces and the Post Office, local authorities and government departments, forecourt retailers and supermarket chains.  More information can be found at www.safetell.co.uk

 

END

 

 

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