CTAC Litigation Update

RNS Number : 4471K

Westminster Group PLC

25 June 2014

 



25 June 2014

Westminster Group Plc

Update on Litigation with the Vendors of CTAC Limited

Westminster Group Plc ('Westminster' or 'the Company'), the AIM listed supplier of advanced security and defence equipment, services and solutions worldwide announces that it has agreed to stay the proceedings and that a settlement is imminent with the vendors of CTAC Limited (which was acquired in April 2010) to settle disputes between the parties arising from this purchase.   

Enquiries:

Westminster Group plc	Tel: [phone]
Peter Fowler (Chief Executive)
Ian Selby (Chief Financial Officer)
S. P. Angel Corporate Finance LLP (Nomad and Broker)	Tel: [phone]
Stuart Gledhill/Katy Birkin
Winningtons Financial (Financial PR)	Tel: [phone]
Tom Cooper/Paul Vann	0797 122 1972

Notes:

Westminster Group plc is a leader in the supply of system solutions and products to the security, defence and safety markets worldwide.

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 manned services, 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. For further information please visit www.wsg-corporate.com.

 

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