REG - Newmark Security PLC - AGM Statement

Newmark SecurityAnnouncement

28/02/2023 07:00

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RNS Number : 2102R  Newmark Security PLC  28 February 2023

28 February 2023

 

 

Newmark Security plc

("Newmark", the "Company" or the "Group")

 

AGM Statement

 

Newmark Security plc (AIM: NWT), a leading provider of electronic and physical
security systems, will hold its Annual General Meeting ("AGM") today at 10:30
am (UK).

 

At the AGM, Maurice Dwek, Newmark Chairman, will make the following statement:

 

"The Board is pleased with the Group's return to profitability in the year to
date. The Company entered FY23 with a strong sales pipeline driven by
high-margin recurring income in the human capital management business.

 

"As we focus on the optimum product solutions to meet today's market demand,
we are expanding our offering globally. We will continue select investments in
product development and new workplace ecosystems to remain ahead of the
market, increase the share of existing clients' wallets and tap into new
markets where we see commercial opportunities.

 

"We are pleased with our business development in the UK market, where we have
gained blue-chip clients and kept expanding our client base.  With a strong
balance sheet, adequate finance and an efficient organisational structure, we
are well placed to continue growing, returning shareholder value".

 

 

For further information:

 

 Newmark Security Plc                                    Tel: +44 (0) 20 7355 0070

 Marie-Claire Dwek, Chief Executive Officer              www.newmarksecurity.com (http://www.newmarksecurity.com)

Paul Campbell-White, Chief Financial Officer

 Allenby Capital Limited (Nominated Adviser and Broker)  Tel: +44 (0) 20 3328 5656
 James Reeve / Lauren Wright (Corporate Finance)

 Amrit Nahal (Sales & Broking)

 

About Newmark Security plc

 

Newmark is a leading provider of electronic, software and physical security
systems that helps organisations protect human capital and provide safe spaces
seamlessly and securely.

 

From our locations in the UK and US, we operate through subsidiary businesses
positioned in specialist, high-growth markets.

 

We foster an open and inclusive work environment amongst our c.100 employees,
serving hundreds of blue-chip customers.

 

Our product portfolio consists of Human Capital Management and Access Control
Systems providing both hardware and software and Physical Security,
installations and maintenance to various sectors.

 

Newmark Security plc is admitted to trading on AIM (AIM: NWT).

 

For more information, please visit: www.newmarksecurity.com
(http://www.newmarksecurity.com/)

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