Westminster Group PLC
16 July 2007
16th July 2007
Westminster Group Plc: New Contract Awards
Anti Blast Glazing Protection Solutions
Westminster Group Plc ('Westminster'), the AIM listed supplier of system
solutions and products to the security, defence, fire protection and safety
markets worldwide, announces that it has secured 3 new contracts to supply and
install its anti blast glazing protection systems to protect the premises of a
number of large multinational and 'blue chip' companies in Algeria.
Westminster recently completed a project to install 200 Micron Clear Blast
Mitigation Film for international petrochemical company BP's North Africa SPU
premises in Algier, Algeria. This is Westminster's first contract award from BP
in Algeria and is in a product area offering major growth potential. Following
the success of this installation, Westminster has been awarded further contracts
from two unrelated businesses in Algeria.
Barry Shaw, BP's Business Security Manager for North Africa, endorsed the work
carried out by Westminster saying: 'We are pleased with the supply, quality and
professional fitting of the blast film and we would have no hesitation in using
Westminster again or recommending them to others'.
Commenting on the new contract awards, Peter Fowler, Chief Executive of
Westminster Group, added: 'Powerful shock waves emanating from a bomb blast
travel in all directions, very often affecting the weakest part of a building's
structure - its glazing! 'Westminster's safety and security film is designed to
effectively hold glass shards together, protecting against damage, injury and
death.
We have seen a recent marked increase in enquiries for blast protection systems
both in the UK and overseas and we anticipate further substantial orders to
follow in light of recent terrorist activity'.
Enquiries:
Peter Fowler 01295 756 300
Chief Executive - Westminster Group Plc
Clive Carver 020 7600 1658
JM Finn & Co
Tom Cooper/Paul Vann 0117 920 0092
Winningtons Financial
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. It was
admitted to the Alternative Investment Market of the London Stock Exchange in
June 2007 at which time it raised approximately £2.5million net of expenses by
way of a Placing of 4,537,336 new Ordinary Shares at 67.5pence per share through
J M Finn & Co Ltd, the Company's nominated adviser and broker. Its market value
at flotation was £10million.
Westminster's principal activity is the design, supply and ongoing support of
advanced technology security solutions. These can range from product only
assignments, such as the supply of specialised scanners, to the design and
implementation of an integrated system solution such as a border detection and
surveillance system. The majority of its customer base, by value, comprises
governments and government agencies, non governmental organisations and blue
chip commercial organisations
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.