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Westminster Group - Purchase of Shares by Directors

RNS Number : 9792M
Westminster Group PLC
15 May 2020
 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

 

Westminster Group Plc

('Westminster' or the 'Company')

 Purchase of Shares by Directors

Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions, is pleased to announce that it has been notified that the following Directors purchased in aggregate 310,000 shares of 10 pence each in the Company ('Ordinary Shares'):

Director Name

Title

Number of Ordinary Shares purchased on 14 May 2020

Aggregate price paid per Ordinary Share

Total Ordinary Shares owned

% of issued share capital of Company

Peter Fowler

Chief Executive Officer

40,000

10.26p

6,501,794

4.077%

Charles Cattaneo

Non-Executive Director

120,000

10.40p

250,000

0.157%

Lady Patricia Lewis ("Patsy Baker")

Non-Executive Director

150,000

9.76p

250,000

0.157%

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Names

a)    Peter Fowler, Chief Executive Officer

b)    Charles Cattaneo, Non-Executive Director

c)    Lady Patricia Lewis, Non-Executive Director

2.

Reason for the Notification

a)

Position/status

See 1(a) - classified as PDMRs of the Company

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Westminster Group Plc

b)

LEI

213800LU5SW6Q8RDVQ64

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of 10 pence each

 

 

Identification code

GB00B1XLC220

b)

Nature of the transaction

Acquisition of Ordinary Shares

 

c)

Price(s) and volume(s)

a)    Price:       10.26p

Volume:  40,000

 

b)    Price:       10.40p

Volume:  120,000

 

c)    Price:       9.76p

Volume: 150,000

d)

Aggregated information:

·      Aggregated volume

·      Price

 

 

 

   310,000

 

   10.07p

e)

Date of the transaction

 

14 May 2020

f)

Place of the transaction

 

AIM

 

 

 

 

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

0797 122 1972

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: 9.11

Market: AIM
Market Cap: £14.61 m
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