Westminster Group Plc (AIM: WSG), a leading supplier of managed services and technology-based security solutions worldwide, is pleased to announce that has entered into a Strategic Alliance Agreement with the Gulf Aviation Academy of Bahrain (‘GAA’) for the provision of aviation and other specialised training services.
GAA is a leading provider of professional aviation training in Bahrain, the Middle East and North Africa (‘MENA’) region offering a comprehensive range of structured training programmes and courses for all aviation personnel in the industry.
Westminster and GAA have entered into a formal Strategic Alliance Agreement (‘Agreement’) under which the parties agree to combine their individual strengths and explore business opportunities both within their own markets and jointly worldwide. This collaboration will cover two areas:
1. Joint Initiative International Training Programmes (‘JIITPs’); and
2. Special Joint Programmes (‘SJPs’).
Under JIITPs both parties will offer each other’s training programmes at their respective training centres and will jointly market the extensive combined range of courses and services worldwide.
Under SJPs the parties will endeavour to jointly promote other products and services beyond training such as airport security equipment and management programmes.
The Agreement is for an initial period of three years and nothing in the Agreement prevents either party from continuing to individually market their own products and services around the world.
Commenting on the joint venture Westminster’s Chief Executive Officer, Peter Fowler, said:
“I am delighted to be able to announce this Strategic Alliance with the Gulf Aviation Academy as they are an impressive and highly professional aviation training organisation and their wide range of courses is complimentary to and further expands the extensive range of courses already offered by Westminster.
“This initiative is a further enhancement to our recently opened Training Centre in the UK.
“This Strategic Alliance is an exciting development for both Westminster and GAA, greatly expanding our range of services to existing and potentially clients and opening up new markets and business opportunities for both companies”.
Commenting on the joint venture GAA’s Chief Executive Officer, Capt. Dhaffer Al Abbasi, said:
“Joining hands with the World renowned Westminster Group would open up an array of opportunities, further extend our reach and allow offering our clients, our jointly enhanced programs to meet and exceed expectations.”
For further information please contact:
Westminster Group Plc Media enquiries via Walbrook PR
Rt. Hon. Sir Tony Baldry – Chairman
Peter Fowler – Chief Executive Officer
Mark Hughes – Chief Financial Officer
S. P. Angel Corporate Finance LLP (NOMAD & Broker)
Stuart Gledhill 020 3470 0470
Caroline Rowe
Walbrook (Investor Relations)
Tom Cooper 020 7933 8780
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 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.
