News Results for Westminster Group (WSG)
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02 Oct
07:50Westminster lenders convert notes into company sharesSecurity services company Westminster said some of its lenders had elected to convert notes in the company valued at £93,750 into its shares. The latest conversion further reduced an outstanding...
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29 Sep
07:55Westminster wins security contract for Houses of ParliamentSecurity services group Westminster said it had won an up to £1.8m contract to replace and maintain the security screening equipment at the Palace of Westminster, informally known as the Houses of...
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17 Aug
08:02Westminster launches online training catalogueSecurity company Westminster said it had launched an online training catalogue, as part of a previously announced alliance with JP International Training. The company said it had been recognised...
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13 Jul
07:33Westminster forecasts 'much-improved' performance as revenue jumps 24%Security solutions group Westminster said it expected to deliver a 'much-improved' financial performance in the first half, on the back of a 24% rise in revenue. Revenue for the six months through...
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25 Jun
09:58Westminster says trading 'positive' in first six months of 2020 despite COVID-19Security services group Westminster has reported that trading for 2020 started on a 'positive note' and said this has continued throughout the first six months of the year in spite of COVID-19. In...
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03 Jun
07:57Westminster conducts trial of fever screening equipment at Stockholm airportSecurity services group Westminster said it had conducted a successful trial of its fever screening equipment in association with Menzies Aviation and their client, Air France, at Stockholm Arlanda...
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26 May
16:37FTSE closes higherUK stocks close higher on Tuesday driven by news that many countries around the world, including Britain, continued to ease Covid-19 lockdown measures. At 16:30, the benchmark FTSE 100 index...
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26 May
12:05FTSE 1.2% higher at middayUK stocks held on to early gains at midday on Tuesday driven by news that many countries around the world, including Britain, continued to ease Covid-19 lockdown measures. At 12:00, the benchmark...
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26 May
07:34Westminster wins contract to provide fever screening equipmentSecurity services company Westminster said its technology division had won a $665k contract from an investment management company, which it didn't identify. The contract involved the provision of...
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15 May
14:00Director Deals - Westminster Group PLC (WSG)Peter Fowler, Chief Executive Officer, bought 40,000 shares in the company on the 14th May 2020 at a price of 10.26p. The Director now holds 6,501,794 shares. Story provided by...
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15 May
14:00Director Deals - Westminster Group PLC (WSG)Charles Cattaneo, Non Executive Director, bought 120,000 shares in the company on the 14th May 2020 at a price of 10.40p. The Director now holds 250,000 shares. Story provided by...
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15 May
14:00Director Deals - Westminster Group PLC (WSG)Patsy Baker, Non Executive Director, bought 150,000 shares in the company on the 14th May 2020 at a price of 9.76p. The Director now holds 250,000 shares. Story provided by StockMarketWire.com...
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14 May
09:30Westminster reports record 2019 with 63% revenue growth to £10.9mSecurity services provider Westminster said 2019 was a record year for the group with a 63% year on year increase in revenues to £10.9m and its fourth year of double-digit percentage revenue...
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01 Apr
09:06Westminster seeing increasing demand for fever screening kitsSecurity services group Westminster said it was continuing to experience heightened demand for its fever-screening equipment amid the Covid-19 crisis, offsetting pressure on its business from...
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31 Mar
09:46Westminster gets loan note extension until May 2021Security services company Westminster said it had received support from noteholders to extend the maturity date of its convertible secured loan notes to 1 May 2021. The decision was made in view...
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18 Mar
09:39Westminster sees fever detection sales offsetting aviation slumpSecurity services provider Westminster said a cancellation of flights would have an negative impact on its West African airport operations, though the pain would be offset by sales of its fever...
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16 Mar
07:40Westminster sees buoyant demand for fever detection equipmentSecurity contractor Westminster said it had sold more fever detection equipment in the wake of the coronavirus outbreak. The company also said that its West African airport operations had not yet...
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24 Feb
09:18Westminster trims debt with loan note redemptionSecurity services company Westminster said it had reduced its debt via the redemption of around £0.56m worth of its convertible secured loan notes. The company last month said it had commenced a...
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31 Jan
09:44Westminster forecasts 'greatly improved' earnings as revenue jumps 63%Security services provider Westminster said it expected to report a 'greatly improved' annual earnings performance on the back of a 63% rise in revenue. Revenue for the year through December had...
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18 Nov
08:48UK stocks edge higher as election polls support poundUK stocks inched higher in early trading on Monday as investors awaited more direction on US-China trade talks and opinion polls pointing to a Conservative victory in national elections supported...
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18 Nov
07:11Westminster says talks advancing for security contract in GhanaSecurity services company Westminster said talks between Meridian Port Services and the Ghana Ports and Harbours Authority were close to being finalised, potentially advancing a contract for the...
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18 Sep
07:12Westminster says contractual arrangements for Ghana work close to being sealedSecurity services group Westminster said contractual arrangements for recent work it had won at a port in Ghana were still being finalised. The company was part of a venture hired to provide...
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15 Aug
09:28Westminster Group slashes losses in H1; expects revenues 'significantly' ahead of last yearSecurity services company Westminster Group slashed losses as revenues more than doubled in the first half of the year, driven by a surge sales in its technology division. The company said annual...
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17 Jul
07:50Westminster says final signing of Ghana port contract delayed; work already commencedSecurity services provider Westminster Group said a letter of intent regarding a contract at a container port in Ghana had been extended to allow for a definitive contract to be finalised. Last...
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05 Jul
09:11UK stocks 0.3% lower as global growth concerns escalateThe FTSE 100 started Friday on the back foot, down 0.3% to 7,583.96, as mining stocks fell on worries over slowing growth in the world economy. Aviation services firm John Menzies guided for full...
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05 Jul
08:21Westminster enters Middle East joint ventureWestminster Group, a supplier of managed services and technology-based security solutions worldwide, has entered into a strategic alliance agreement with the Gulf Aviation Academy of Bahrain (GAA)...
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28 Jun
14:06Westminster welcomes opening of Tema Port facility in GhanaWestminster Group welcomed news that new Tema Port facility in Ghana had been formally opened today. The company had last month entered into an agreement with a Ghanaian company Scanport regarding...
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21 Jun
07:44Westminster forms security services JV with Hazar in Saudi ArabiaSecurity services company Westminster Group said it had agreed to form a joint venture agreement in Saudi Arabia with Hazar International. Westminster and Hazar had entered into a formal...
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18 Jun
07:58Westminster starts 2019 on 'strong note'; sees significant annual revenue growthSecurity services company Westminster Group said trading so far in 2019 had started on a 'strong note', with both order intake and revenues ahead of budget. 'Passenger numbers for our West Africa...
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24 May
17:40Director Deals - Westminster Group PLC (WSG)Charles Cattaneo, Non Executive Director, bought 130,000 shares in the company on the 24th May 2019 at a price of 7.40p. The Director now holds 130,000 shares. Story provided by...
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24 May
08:54UK stocks open 0.6% higher; May expected to announce exit dateUK stocks opened higher on Friday, tracking gains in other European exchanges, as investors braced for Prime Minister Theresa May to potentially announce later in the day when she would stand...
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24 May
07:47Westminster books annual loss as expenses weighSecurity services company Westminster Group booked a full-year loss after expenses more than offset a rise in revenue. Pre-tax losses for the year through December amounted to £1.4m, narrowing...
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22 May
07:54Westminster sees losses narrowing after revenue rises 24%Security services provider Westminster Group said it expected to narrow its annual losses after posting a rise in revenue. Revenue for the year through December was expected to rise 24% to £6.7m....
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01 May
09:43Westminster acquires French aviation security group Euro OpsSecurity solutions provider Westminster Group said it had acquired French aviation security and support services company Euro Ops for an expected maxmium cost of £30k. Euro Ops turnover for the...
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24 Apr
07:17Westminster wins container screening contact in AsiaSecurity company Westminster Group said its technology division had won a $3.5m contract to provide advanced container-screening solutions to two separate ports in an Asian country. The project...
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08 Feb
09:04Westminster raises capital to prepare for new projectsSecurity solutions provider Westminster Group said it had raised £0.5m through a share issue to support its development and prepare for new projects. New shares in the company were issued at 10p...
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29 Jan
09:55Westminster says positive annual earnings 'achievable'Security services provider Westminster Group said reporting positive annual earnings remained 'achievable' after it boosted revenue by a third. Revenue for the year through December was seen...
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24 Dec
07:18Westminster issues update on contractsTechnology-based security solutions provider Westminster has issued an update on contracts. The large scale, long term security contract for one of 60 airports in Iran, which was signed in May...
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12 Nov
09:00Director Deals - Westminster Group PLC (WSG)Peter Fowler, Chief Executive Officer, bought 100,000 shares in the company on the 9th November 2018 at a price of 10.50p. The Director now holds 6,461,794 shares. Story provided by...
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12 Nov
09:00Director Deals - Westminster Group PLC (WSG)Mark Hughes, Executive Director, bought 46,000 shares in the company on the 9th November 2018 at a price of 10.88p. The Director now holds 116,000 shares. Story provided by StockMarketWire.com...
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12 Nov
09:00Director Deals - Westminster Group PLC (WSG)Patsy Baker, Non Executive Director, bought 100,000 shares in the company on the 9th November 2018 at a price of 10.70p. The Director now holds 100,000 shares. Story provided by...
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21 Sep
07:56Westminster posts loss as sales slip; sees better second halfSecurity solutions provider Westminster Group posted a first-half loss afters sales fell. Pre-tax losses for the six months through June amounted to £1.2m, narrowing from a loss of £1.4m on-year....
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26 Jun
08:16Westminster puts Iran contracts on hold after US nuclear accord withdrawalSecurity solutions provider Westminster Group said it expected to post positive earnings in 2018, though it had suspended work in Iran following President Trump's decision to pull out of an...
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25 May
08:22Westminster Group losses deepen as margins shrinkSecurity solutions and managed services provider Westminster Group reported steeper annual losses after poorer-quality orders squeezed margins. Pre-tax losses amounted to £6.1m, compared to losses...
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31 Jan
09:23Westminster Group forecasts £1.2m loss after ferry unit discountinuedWestminster Group said it expected to report losses for the year in line with its expectations following the discontinuation of its ferry operations in Sierra Leone. Revenue for the year was...
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22 Dec
09:07FTSE flat on subdued trading ahead of Christmas holidaysIt was a quiet day for corporate news on the last day of trading ahead of the Christmas holidays, leaving the FTSE 100 struggling for direction at 7,607. Utility stock Severn Trent (SVT) was in...
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22 Dec
07:21Westminster Group updates on Middle East contractWestminster Group provided an update on its previously announced major long-term project opportunity within the Middle East. On 22 September 2017, the company announced that certain board members...
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22 Sep
07:20Westminster Group revenue upWestminster Group announced revenues of £2.9m (H1 2016: £2m), which reflected strong growth in the Managed Services and the Technology division in the first half of 2017. OPERATIONAL HIGHLIGHTS:...
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29 Jun
09:29Westminster Group upbeat in AGM statementWestminster Group says the business is now in a better position than it has been for some time as it continues to expand its international presence including the establishment of subsidiaries and...
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05 Jun
07:11FLASH: Westminster Group's FY pretax loss steadyStory provided by StockMarketWire.com
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21 Dec
07:41Westminster Group sees improved FY adj. EBITDAWestminster Group expects to report an improved financial performance both at the revenue and adjusted EBITDA levels for the current year, compared with the year to Dec. 31, 2015. "The cash...
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21 Dec
07:10FLASH: Westminster Group sees improved FY adj. EBITDAStory provided by StockMarketWire.com
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05 Dec
07:32Westminster Group commences ferry servicesWestminster Group said division Sovereign Ferries is ready to commence its ferry service in Sierra Leone, West Africa. "National registration formalities, sea trials and international safety...
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05 Dec
07:12FLASH: Westminster Group commences ferry servicesStory provided by StockMarketWire.com
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22 Nov
07:25Westminster Group issues convertible loan notesWestminster Group has signed agreements for the issuance of £1.2m of Convertible Unsecured Loan Notes (CULN) to support expansion programmes with additional financial resources. "The size and...
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22 Nov
07:07FLASH: Westminster Group issues convertible loan notesStory provided by StockMarketWire.com
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29 Sep
07:16FLASH: Westminster Group issues interim resultsStory provided by StockMarketWire.com
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26 Aug
14:36Westminster update on Nigeria franchiseWestminster Group has become aware of speculation regarding its Nigerian franchise operation, Westminster Security Solutions Nigeria Ltd which is currently advertising for security personnel for...
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29 Jul
07:51Westminster Group sees EBITDA positive at H1Westminster Group said it now expects to report a positive EBITDA at the interim stage. "This has been driven by improved passenger volumes in its airport operations, improved revenue mix, a more...
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29 Jul
07:03FLASH: Westminster Group sees EBITDA positive at H1Story provided by StockMarketWire.com
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07 Jul
07:48Westminster Group issues equityWestminster Group has issued 2.275m shares of 10p each pursuant to the conversion of £262,500 of loan notes by Darwin Capital Ltd. The amount outstanding on this loan is now only £210,000. The...
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07 Jul
07:03FLASH: Westminster Group issues equityStory provided by StockMarketWire.com
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30 Jun
11:54FTSE 100 continues to rallyThe FTSE 100 continued its rally with another 29 point gain to 6,389 and the FTSE 250 was stable at 16,007. Miners were having a good day with Anglo American (AAL) and Antofagasta (ANTO) up by...
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30 Jun
07:51Westminster experiences encouraging start to 2016Westminster (WSG) experienced an encouraging start to 2016 with the end of the Ebola crisis in West Africa, ongoing recovery in revenues and increasing interest in Westminster's long-term airport...
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24 Jun
14:04Westminster sees little impact from Leave winWestminster Group believes that the UK's decision to leave the EU will have little material effect on the company's business. The group says its bubusiness and major value creation opportunities...
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09 Jun
07:47Westminster Group narrows FY pretax lossWestminster Group has narrowed its FY pretax loss to £1.99m, from a loss of £2.44m. Revenue was broadly flat at £3.4m, from £3.5m. CEO Peter Fowler said the company's 2015 results and achievements...
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09 Jun
07:07FLASH: Westminster Group narrows FY pretax lossStory provided by StockMarketWire.com
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03 Jun
15:23Westminster update on ferry projectWestminster Group says Sovereign Ferries' planned second 70 seater vessel, the Sierra Princess, left port on the back of a delivery vessel on 6 May and is due to arrive in country around 21 June....
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26 May
12:02Six-month Brent crude oil high boosts FTSEBrent crude oil hit a six-month high as it surpassed the $50 per barrel mark, boosting the markets after a bumpy opening. The FTSE 100 was 0.27% up 6,280.04 and the FTSE 250 remained steady at...
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26 May
09:19Westminster in talks with several financing partnersWestminster Group (WSG) said it remains in talks with several financing partners, and added that it had received a Letter of Intent from a Middle East Airport Authority relating to a long term...
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26 May
09:11FTSE mixed as blue-chips rise on resourcesLondon equities were mixed with blue chips led up by resources and supermarkets. Mid caps eased. Ex-dividend stocks dragged. Traders are looking to UK's second-estimate GDP mid morning, and a slew...
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26 May
07:11FLASH: Westminster in talks with several financing partnersStory provided by StockMarketWire.com
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26 May
07:04FLASH: WSG updates on long-term airport security contractStory provided by StockMarketWire.com
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12 May
12:01FTSE reverses higher as BoE stays rates, QELondon equities turned volte face to be up midday as Bank of England held its key interest rate at 0.5% and QE programme at GBP375bn, both calls widely anticipated. The FTSE's reversal higher was...
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12 May
09:05FTSE falling firmly ahead of BoE's rates, QE callsLondon stocks began firmly on the back foot thanks to falls among the broader retail sector, financials and pharmas ahead of Bank of England's interest rate and QE calls -- both seen unchanged --...
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12 May
07:33WSG's delaysWestminster had noted ongoing delays in the commencement of its West African ferry project, and in other larger projects, and said it will need to put additional financing in place in the near...
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12 May
07:05FLASH: Westminster Group eyes capital reconstructionStory provided by StockMarketWire.com
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04 May
09:48Westminster gives ferry project updateWestminster is still waiting to complete a slip inspection of its Sierra Queen vessel to ascertain the full extent of damage to it, although no serious damage below the waterline can be seen. A...
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04 May
07:06FLASH: Westminster gives ferry project updateStory provided by StockMarketWire.com
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19 Apr
09:50Westminster update on ferry projectWestminster Group has issued an update on its ferry project. The company says it has been advised that the works on the vessel currently occupying the slip should be completed this week and once...
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07 Apr
07:37Westminster Group issues ferry and airport updateWestminster Group said its Sierra Queen ferry is currently securely moored in the boat yard awaiting access to the slip which is anticipated to be vacated within 7-10 days. "On visual inspection,...
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07 Apr
07:07FLASH: Westminster Group issues ferry and airport updateStory provided by StockMarketWire.com
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06 Apr
07:42Westminster's Sierra Queen ferry damagedWestminster Group said whilst transiting between terminals yesterday the Sierra Queen ferry, in Sierra Leone, sustained some minor damage from an uncharted submerged obstacle. The vessel is now in...
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06 Apr
07:06FLASH: Westminster issues ferry project updateStory provided by StockMarketWire.com
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04 Apr
07:33Westminster Group issues equityWestminster Group confirms the issue of 1.6m shares of 10p each pursuant to the conversion of GBP175,000 of loan notes by Darwin Capital Ltd. This was a conversion into equity of the zero coupon...
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04 Apr
07:04FLASH: Westminster Group issues equityStory provided by StockMarketWire.com
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24 Mar
07:44Westminster Group issues ferry project updateWestminster Group said, in an update on its Sierra Leone ferry project, that flagship vessel Sierra Queen has performed well in sea trials having now completed various trial crossings and...
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24 Mar
07:08FLASH: Westminster Group issues ferry project updateStory provided by StockMarketWire.com
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15 Mar
07:05FLASH: Westminster Group issues sharesStory provided by StockMarketWire.com
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08 Mar
07:22WSG in MoU for 25Yr airport contract in Middle EastWestminster's aviation security subsidiary, Westminster Aviation Security Services (WASS), has signed a new MoU with a Middle East Civil Aviation Authority for the provision of long term (up to 25...
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08 Mar
07:12FLASH: WSG in MoU for 25Yr airport contract in Middle EastStory provided by StockMarketWire.com
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22 Feb
09:21Westminster inks 20yr border security MoUWestminster Group said its Technology Division has signed an MoU relating to a 20-year border security project in the Middle East. At 9:21am: (LON:WSG) Westminster Group PLC share price was...
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22 Feb
07:36Westminster Group issues trading updateWestminster Group said its directors continue to review options for further cost reductions. Gross margins have slightly improved compared to last year and operating results are expected to be...
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22 Feb
07:14FLASH: Westminster Group issues trading updateStory provided by StockMarketWire.com
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09 Feb
10:13WSG begins cargo-screening ops at FreetownWestminster Group said aviation division Westminster Aviation Security Services (WASS) has commenced cargo-screening operations at Freetown International Airport (FNA) in West Africa. Following...
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20 Jan
07:04FLASH: Westminster Group subsidiary wins another MoUStory provided by StockMarketWire.com
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18 Jan
15:39Westminster flagship undergoing final safety checksWestminster Group's flagship vessel, the Sierra Queen, is not undergoing final safety checks following repairs. The group says sea trials are well under way and the vessel is now based at the...
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23 Dec
15:55Westminster options exercisedWestminster Group issued 13,000 new ordinary shares today following the exercise of options at 10p apiece by a former employee. At 3:55pm: (LON:WSG) Westminster Group PLC share price was...
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23 Dec
15:29Repairs to Westminster's 'Sierra Queen' completedWestminster Group says repairs to the Sierra Queen's prop shaft have now been completed and the vessel is back in the water commencing sea trials. Chief executive Peter Fowler said: "The Sierra...
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09 Dec
07:14FLASH: Westminster confirms new airport security MoUStory provided by StockMarketWire.com