REG - Westminster Group - Director/PDMR Share Purchases

WestminsterAnnouncement

11/11/2022 07:16

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221111:nRSK0544Ga&default-theme=true

RNS Number : 0544G  Westminster Group PLC  11 November 2022

 

 

11 November 2022

 

 

Westminster Group Plc

('Westminster' or the 'Company')

 

 Purchase of Shares by Directors & Company Secretary

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, and the Company Secretary, have, on 10
November 2022, purchased, in aggregate, 1,284,782 shares of 0.1 pence each in
the Company ('Ordinary Shares'):

 Director Name                          Title                    Number of Ordinary Shares purchased  Price paid per Ordinary Share  Total Ordinary Shares owned  % of issued share capital of Company
 Peter Fowler#                          Chief Executive Officer  382,500                              2.24p                          8,076,211                    2.444%
 Mark Hughes                            Chief Financial Officer  382,500                              2.24p                          1,353,500                    0.410%
 Major General (Retired) Graham Binns   Non-Executive Director   434,782                              2.3p                           434,782                      0.132%
 Roger Worrall                          Company Secretary        85,000                               2.24p                          2,569,861                    0.778%

# Peter Fowlers purchase was purchased by Lawnscote Holdings Limited a family
investment company which is controlled by Peter Fowler and owned 60 per cent
by Peter Fowler and his wife, and 20 per cent. by Stuart Fowler, who is also a
director of the company, and 20 per cent. by Joanna Fowler, who is a connected
party.

 

Other Company employees also, on the same day, purchased shares.

 

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)   Lawnscote Holdings Limited

                                                                  b)   Mark Hughes, Chief Financial Officer

                                                                  c)   Roger Worrall, Company Secretary

                                                                  d)   Major General (Retired) Graham Binns, 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 0.1 pence each

     Identification code                                          GB00B1XLC220
 b)  Nature of the transaction                                    Acquisition of Ordinary Shares

 c)  Price(s) and volume(s)                                       a)   Price:            2.24p

                                                                  Volume:      382,500

                                                                  b)   Price:            2.24p

                                                                  Volume:      382,500

                                                                  c)   Price:            2.24p

                                                                  Volume:       85,000

                                                                  d)   Price:            2.3p

                                                                  Volume:       434,782
 d)  Aggregated information:

     ·      Aggregated volume

     ·      Price

                                                                  N/A

 e)  Date of the transaction

                                                                  10 November 2022
 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

 Strand Hanson Limited (Financial & Nominated Adviser)
 James Harris                                               020 7409 3494
 Ritchie Balmer

 Richard Johnson

 Arden Partners plc (Broker)                                020 7614 5900

 Ruari McGirr (Corporate)

 Tim Dainton/Simon Johnson (Broking)

 Walbrook (Investor Relations)
 Tom Cooper                                                 020 7933 8780
 Paul Vann
 Nick Rome                                                  Westminster@walbrookpr.com

 

 

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.

 

The Westminster Group Foundation is part of the Group's Corporate Social
Responsibility activities. www.wg-foundation.org
(http://www.wg-foundation.org)

 

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 ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN ARTICLE 7 OF THE
MARKET ABUSE REGULATION NO. 596/2014 ("MAR") WHICH IS PART OF UK LAW BY VIRTUE
OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBRBDBCBBDGDG