REG - Westminster Group - Purchase of Shares by Directors

WestminsterAnnouncement

15/05/2020 07:00

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


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 (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.
 
 
 
 


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