Westminster Group PLC Westminster Franchise - Nigeria (2789I)
August 26 2016 - 7:54AM
UK Regulatory
TIDMWSG
RNS Number : 2789I
Westminster Group PLC
26 August 2016
26 August 2016
Westminster Group Plc:
Westminster Franchise - Nigeria
Westminster Group Plc ('Westminster', the 'Group' or the
'Company'), the AIM listed supplier of managed services and
technology based security solutions to governments and government
agencies, non-governmental organisations (NGO's) and blue chip
commercial organisations worldwide has become aware of speculation
regarding its Nigerian Franchise operation, Westminster Security
Solutions Nigeria Ltd ("WSSN").
WSSN are currently advertising for security personnel for
posting in various states in Nigeria however Westminster was not
aware of any contracts having been awarded to WSSN and upon making
enquiries to clarify the nature and timing of any such contracts
have been advised that as part of the recommendations of Nigeria
Security and Civil Defence Corps (NSCDC), a para-military agency of
the Government of the Federal Republic of Nigeria responsible for
the issuance of Private Guard Company (PGC) Licence, before
security guards can be employed PGCs are expected to:
-- submit detailed personal history of persons aspiring to be
recruited as security guards;
-- obtain court endorsement of the declared history;
-- obtain guarantors' statement and
-- train such persons in conjunction with the NSCDC.
This can be a time consuming process and can amount to
administrative bottleneck in the case where guards are required to
be deployed to clients' facilities at short notice.
As a result, WSSN have decided to reserve a pool of persons who
will have satisfied the above requirements ready for possible
deployment. The advert was therefore a proactive step on behalf of
WSSN in readiness for potential private guarding contracts it is
pursuing. Any equipment or training and related services required
for such potential contracts would, under the terms of the
franchise agreement with WSSN, be supplied through Westminster.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information please contact:
Westminster Group plc. Tel: 01295 756 300
Peter Fowler (Chief Executive)
Ian Selby (Chief Financial Officer)
S. P. Angel Corporate Finance LLP (NOMAD & Broker) Tel: 020 3470 0470
Stuart Gledhill
Walbrook PR (Financial PR) Tel: 020 7933 8780
Tom Cooper/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 ferry services, 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. For further information please visit
www.wsg-corporate.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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