REG - RiverFort Global Opp - Update on Investee Company

Riverfort Global OpportunitiesAnnouncement

24/06/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210624:nRSX9234Ca&default-theme=true

RNS Number : 9234C  RiverFort Global Opportunities PLC  24 June 2021

 

 

24 June 2021

RiverFort Global Opportunities plc

("RGO" or the "Company")

Update on Investee Company

Major contract win for Smarttech247

Further to RGO's announcement on 10 May 2021 regarding its investment in
Smarttech247, the company has just announced that it has been awarded a
multi-year contract for managed cyber security services by a global advanced
manufacturing company, employing over 100,000 staff and a leading member of
the Fortune Global-1000.

 

After an extensive due diligence process, the contract was awarded to support
strategic cyber security initiatives and ensure compliance to the latest
industry regulated cyber security standards.

 

This contract will see the cybersecurity services provider deploy its managed
detection and response offering which combines the AI and automation of
security tools with Smarttech247's own 24/7 Cyber Security Operations Centres.

 

Smarttech247 (incorporated in the Republic of Ireland as Zefone Limited), is a
global artificial intelligence ("AI") based cyber security cloud business that
protects enterprises as they migrate to cloud-based IT operations.
Smarttech247 has over 100 technology partners, including Tanium and
Crowdstrike, and 50 clients based in Europe and the US.

 

 

More information on Smarttech247 can be found on its website at
https://www.smarttech247.com/ (https://www.smarttech247.com/) .

Philip Haydn-Slater, Non-executive Chairman of RGO, said:

"This is an excellent achievement for Smarttech and demonstrates the demand
for its products and services on a global basis.  We are very pleased with
the company's progress to date."

For more information please contact:

 RiverFort Global Opportunities plc             +44 20 3368 8978
 Philip Haydn-Slater, Non-executive Chairman
 Nicholas Lee, Investment Director

 Nominated Adviser                              +44 20 7628 3396
 Beaumont Cornish
 Roland Cornish/Felicity Geidt

 Joint Broker                                   +44 20 7562 3351
 Peterhouse Capital Limited
 Lucy Williams

 Joint Broker                                   +44 20 7186 9950
 Shard Capital Partners LLP
 Damon Heath/ Erik Woolgar

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCDDGDLRBDDGBX