REG - Westminster Group - Update on Broker
RNS Number : 0993IWestminster Group PLC06 August 2019
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
Update on Broker
The Board of Westminster has noted from the news story published on the Financial Conduct Authority ("FCA") website on 5 August 2019, that the directors of SVS Securities Plc ("SVS") have placed SVS into Special Administration. The FCA's announcement disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and restricting it from disposing of its own or its clients' assets. SVS was a joint broker to Westminster however as a result of these developments, SVS will no longer be able to provide broking services to the Company.
SP Angel Corporate Finance LLP will continue to act as a sole broker to Westminster.
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
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, 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.
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 rns@lseg.com or visit www.rns.com.ENDAPPSSWFSMFUSESA
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