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Westminster ( (GB:WSG) ) has issued an announcement.
Westminster Group Plc, a global provider of integrated security solutions and long-term managed services for critical infrastructures in emerging markets, specialises in advanced surveillance, detection, tracking and interception technologies. Its customer base is dominated by government bodies, NGOs and large corporates, underpinning a business model geared toward recurring service revenues.
The company announced that Strand Hanson Limited has resigned with immediate effect as its Nominated Adviser and Broker, leaving Westminster’s shares suspended from trading on AIM pending the appointment of a replacement. If a new nominated adviser is not secured within one month, the company faces cancellation of its AIM listing, a development that could significantly affect liquidity for shareholders and the group’s access to public equity markets.
More about Westminster
Westminster Group Plc is a global integrated security services provider, focusing on high-growth and emerging markets with an emphasis on long-term recurring revenue. The company designs, supplies and supports advanced technology security solutions and managed services for facilities such as airports and ports, serving mainly governments, NGOs and blue-chip corporates, alongside consultancy, training and manpower services.
Technical Sentiment Signal: Sell
Current Market Cap: £3.84M
See more insights into WSG stock on TipRanks’ Stock Analysis page.