LONDON (ShareCast) - Security and fire protection product supplier Westminster Group has secured a 21-year deal from an unidentified West African country to manage several new ferry terminals and to run a sea ferry transfer service.






Westminster said the new concession and lease agreement, which is expected to generate revenue of about $300m, would pave the way for services to begin in the first quarter of 2015.

The ferry service is expected to serve around 3,500 passengers a month, as well as providing a vital link for health care workers and aid agencies during the current Ebola outbreak.

Westminster said: "As the situation normalises, passenger volumes are expected to rise significantly, with considerable potential growth thereafter from additional regional routes and services."

Shares rose 6.25p or 21.5% to 35.25p at 12:50 in London.

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