Westminster Group PLC Update New Tema Container Port Project Ghana (6744M)
18 September 2019 - 4:00PM
UK Regulatory
TIDMWSG
RNS Number : 6744M
Westminster Group PLC
18 September 2019
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF EU REGULATION 596/2014
Westminster Group Plc
('Westminster', the 'Group' or the 'Company')
Update New Tema Container Port Project, Ghana
Westminster Group Plc (AIM: WSG), a leading supplier of managed
services and technology-based security solutions worldwide, wishes
to provide an update on its operations at the new Container Port,
Terminal 3, Tema, Ghana.
As previously reported the Scanport Westminster partnership, is
the sole appointed contractor for the x-ray screening and secondary
search operations of containers passing through the new Tema
Container Port (Terminal 3), a $1.5 billion US Dollar investment
project by Meridian Port Services ('MPS').
The various contractual arrangements between all the different
parties, MPS, Scanport, Westminster and support contractors, are
agreed in principle and Westminster is pleased with the outcome.
Contracts are due to be signed once certain financial arrangements
between MPS and the port authorities have been put in place, which
are in the process of being finalised.
Screening and search operations have been in place since
Terminal 3 opened on 28 June 2019 and payments on account to
Scanport and Westminster for work undertaken are being made, whilst
awaiting final contracts execution.
The Company will update the market further on this important
managed services contract once the contracts are signed.
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
tom.cooper@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.
This information is provided by RNS, the news service of the
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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
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