East Africa Airport Contract Update

RNS Number : 2754N

Westminster Group PLC

25 July 2014

 



25 July 2014

Westminster Group Plc:

East Africa Airport Project Update

Westminster Group Plc ('Westminster' or the 'Group'), the AIM listed supplier of system solutions and products to the security, defence, fire protection and safety markets worldwide, is pleased to provide an update on the East African airport project, for which heads of terms were signed in November 2012.

Representatives of Westminster, including CEO, Peter Fowler, have recently held meetings and discussions with the country's Vice President and various other Ministers involved with the East African airport project and further meetings are now being organised to progress matters.

Commenting on the project opportunity, Peter Fowler, Chief Executive of Westminster Group, said:

"The East African airport project has taken longer than anticipated to finalise due to the government's internal processes and not due to any complication with our negotiations. The project remains very much an active opportunity within our growing pipeline of potential managed services projects.

"The timescales involved in negotiating projects differ in each case and are not necessarily indicative of other contractual discussions we are involved in.  I look forward to providing further project updates at the earliest opportunity."

For further information please contact:

Westminster Group plc.	Tel: [phone]
Peter Fowler (Chief Executive)
Ian Selby (Chief Financial Officer)
S. P. Angel Corporate Finance LLP (NOMAD + 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, fire protection 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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