Purchase of Shares by Directors

RNS Number : 9698G
Westminster Group PLC
12 November 2018
 

 

 

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 246,000 shares of 10 pence each in the Company ('Ordinary Shares'):

Director Name

Title

Number of Ordinary Shares purchased on 9/11/18

Aggregate price paid per Ordinary Share

Total Ordinary Shares owned

% of issued share capital of Company

Peter Fowler

Chief Executive Officer

100,000

10.50p

6,461,794

4.97%

Mark Hughes

Chief Financial Officer

46,000

10.88p

116,000

0.09%

Lady Patricia Lewis ("Patsy Baker")

Non-Executive Director

100,000

10.70p

100,000

0.08%

 

 

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)    Mark Hughes, Chief Financial Officer

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:      10.50p

Volume: 100,000

 

b)    Price:       10.88p

Volume:  46,000

 

c)    Price:       10.70p

Volume:  100,000

 

d)

Aggregated information:

·      Aggregated volume

·      Price

 

 

 

   246,000

 

   10.65p

e)

Date of the transaction

 

9 November 2018

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

Lindsay Mair

 

Caroline Rowe

 

 

 

Walbrook (Investor Relations)

 

Tom Cooper

020 7933 8780

Paul Vann

0797 122 1972

 

tom.cooper@walbrookpr.com

 

 

Notes:

 

Westminster Group plc is a specialist security and services group operating worldwide through an international network of agents and offices in over 50 countries.

 

Westminster's principal activity is the design, supply and on-going 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. 

 


 

 


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 or visit www.rns.com.
 
END
 
 
DSHUGGQPGUPRGMB
UK 100

Latest directors dealings