WESTMINSTER GROUP PLC (WSG) ISSUES £1M IN CONVERTIBLE LOAN NOTES

Westminster Group Plc (‘Westminster’ 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, is pleased to announce that it yesterday signed agreements for the issue of secured Convertible Loan Notes (“CLN”) to new strategic investors, raising £1.00m gross.

The proceeds are for general balance sheet strength and will support ongoing costs and business development, particularly around the launch and expansion of the ferry services and the pursuance of recent developments in the Managed Services division.

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