Westminster Group PLC Result of AGM & Board Changes (4722J)
June 29 2017 - 7:02AM
UK Regulatory
TIDMWSG
RNS Number : 4722J
Westminster Group PLC
29 June 2017
Westminster Group Plc
Result of AGM & Board Changes
Westminster Group Plc ('Westminster', the 'Group' of the
'Company'), the AIM listed supplier of managed security 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 at today's AGM all resolutions were passed and the
following changes to its Board of Directors were approved.
-- Rt. Hon. Sir Tony Baldry appointed to the post of Chairman
-- Sir Malcolm Ross appointed to the post of Deputy Chairman
-- Martin Boden appointed to the post of Chief Financial Officer
-- Ian Selby resigns as Chief Financial Officer
Sir Tony Baldry and Martin Boden both have extensive
international experience.
Sir Tony has held various ministerial posts during the 1990s,
serving as Minister of State in the Ministry of Agriculture,
Fisheries and Food and as Parliamentary Under Secretary of State in
the Foreign and Commonwealth Office, with a range of
responsibilities including South Asia, Africa, North America and
the West Indies. Sir Tony was Chairman of the House of Commons
Select Committee on International Development in the 2010
Parliament.
Martin Boden is a Chartered Accountant with considerable
experience with high growth businesses. He has worked with both AIM
and FTSE 250 listed companies as well as Private Equity owned
organisations, having most recently been CFO at Genus plc and JDR,
a privately owned energy services business. Martin has worked
closely with both UKTI and UK Export Finance on overseas
projects.
Commenting on the Board changes, Peter Fowler, Chief Executive
Officer at Westminster Group, said:
"I am delighted to be able to announce that Sir Tony Baldry has
accepted the post of Chairman of the Board and that Sir Malcolm
Ross has agreed to continue in the post of Deputy Chairman, to
welcome Martin Boden to the Company and thank Ian Selby, our
outgoing CFO, for his excellent contribution over the last few
years and wish him well with his new venture.
"The recent news underlines the scale and reach of our
operations which, in turn, requires that we are structured suitably
to deliver for our clients and shareholders. I am confident that
the further development of our management and governance structures
puts us in a position of strength to be able to deliver on the
Company's potential at this inflexion point in our growth
story."
Director declaration:
Martin Brett Boden (aged 58) has held the following
directorships within the five years prior to the date of this
announcement:
Current directorships Previous directorships
(past 5 years)
Martin Boden Consulting JDR Enterprises Limited
Limited JDR Cable Systems Limited
235 Stoke Newington JDR Cable Systems (Holdings)
Church Street Property Limited
Management Company JDR Cable Systems (Netherlands)
Limited Limited
Express Equine Events
(E3) Limited
Tricorn Events Limited
Martin Boden was appointed by Vision Capital LLP as a director
of First Quench Group Limited and its subsidiary companies,
(including Threshers, the off-licence chain), which went into
administration in October 2009, one month after Martin Boden joined
the business. First Quench Group Limited and its subsidiary
companies have all since been liquidated following a period of
Administration.
Other than the information contained in this announcement, there
is no further information required to be disclosed under Rule 17
and Schedule Two, paragraph (g) of the AIM Rules.
For further information, please contact:
Westminster Group Plc Via Walbrook PR
Rt. Hon. Sir Tony Baldry - Chairman
Peter Fowler - Chief Executive Officer
Martin Boden - Chief Financial Officer
S. P. Angel Corporate Finance LLP (NOMAD & Joint Broker)
Stuart Gledhill 020 3470 0470
Lindsay Mair
Beaufort Securities Limited (Joint Broker) 020 7382 8300
Elliiot Hance
Walbrook (Investor Relations) 020 7933 8780
Tom Cooper 0797 122 1972
Paul Vann
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
on-going 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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