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) Ruari McGirr (Corporate) Tim Dainton/Simon Johnson (Broking) |
020 7614 5900 |
| |
|
| 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
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
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