REG - Newmark Security PLC - Holding(s) in Company
RNS Number : 9182DNewmark Security PLC24 February 2020Newmark Security plc
("Newmark", the "Company" or the "Group")
Holding in Company
Newmark Security plc (AIM: NWT), a leading provider of products and services in the security and data sectors, has been informed that Stuart Lothian no longer has a notifiable interest in the Company's Ordinary Shares.
For further information:
Newmark Security plc
Marie-Claire Dwek, Chief Executive Officer
Graham Feltham, Group Finance Director
Tel: +44 (0) 20 7355 0070
Allenby Capital Limited
(Nominated Adviser and Broker)
Tel: +44 (0) 20 3328 5656
James Reeve / Liz Kirchner
Notes to editors:
Newmark Security (AIM:NWT) delivers long-term shareholder value through the provision of products and services in the security and data sectors. From its locations in the UK and the US, the organisation operates through subsidiary businesses positioned in specialist, high-growth, markets.
Safetell provides physical security installations to numerous end-user sectors. Products and services range from Asset Protection Solutions to Counter Terror Deployments. Grosvenor Technology serves the Access Control and Human Capital Management markets globally. They provide both hardware and software to collect and secure data while maintaining privacy, ensuring compliance and reducing operating costs for its clients. This is typically provisioned through a recurring software as a service model.
Generating a greater proportion of its revenues from recurring services is part of Newmark's overarching strategy that is dedicated to building a business that has long-term stability and sustainability at its core.
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