£1.3m contract win with major UK telco
RNS Number : 3057W
Shearwater Group PLC
12 March 2026
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (as amended), which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018. Upon publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
12 March 2026
Shearwater Group PLC
("Shearwater", the "Company" or the "Group")
£1.3m contract win with major UK telco
Brookcourt to deliver important monitoring deployment
Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group,
is pleased to announce that its Group company Brookcourt Solutions ("Brookcourt") has secured a contract valued at approximately £1.3 million with a major UK telecommunications provider.
Under the terms of the agreement, Brookcourt will supply and install an advanced network monitoring solution to provide enhanced visibility across the customer's network infrastructure. The solution will enable the telecommunications provider to proactively monitor network performance and identify potential issues before they impact services. The deployment will support the customer in maintaining the performance and resilience of its multi-award-winning network, providing improved operational insight and proactive monitoring capabilities.
Delivery of the solution is expected to commence shortly. As a result the full contract value will be recognised in FY26, further supporting the Group's FY26 performance.
Phil Higgins, CEO of Shearwater Group plc, commented: "We are delighted that Brookcourt has been selected by a leading UK telecommunications provider to deliver this important monitoring deployment. As networks continue to increase in scale and complexity, organisations require greater visibility and proactive insight into performance. This contract highlights Brookcourt's strong technical capability and its continued success in supporting large, complex network environments."
Enquiries
| Shearwater Group plc Phil Higgins, CEO Jonathan Hall, CFO | www.shearwatergroup.com c/o Alma |
| Cavendish Capital Markets Limited- NOMAD and Broker Adrian Hadden / Ben Jeynes - Corporate Finance Dale Bellis / Michael Johnson - Sales | +44 (0) 20 7397 8900 |
| Alma Strategic Communications Justine James / Joe Pederzolli / Emma Thompson | shearwater@almastrategic.com +44 (0) 20 3405 0205 |