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RCS - Shearwater Group PLC - Contract Renewal

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RNS Number : 7830L  Shearwater Group PLC  15 September 2021

15 September 2021

RNS Reach

 

SHEARWATER GROUP PLC

("Shearwater" or the "Group")

 

Contract Renewal

Brookcourt Solutions secures significant contract renewal with leading British
telecommunications and media company

 

Shearwater Group plc, the organisational resilience group that provides
cybersecurity, professional advisory and managed security services, announces
that its group company, Brookcourt Solutions, has secured a one-year contract
renewal with a value of c. £1.0 million with a leading British
telecommunications and media company.

 

The contract, for ongoing support for a data protection and monitoring
platform delivered by Brookcourt Solutions, will see Brookcourt continue to
ensure effective data protection solutions and tools are implemented in the
client's environment, mitigating database risks and detecting compliance and
security policy violations. In doing so Brookcourt will be helping the client
to eliminate data breaches and associated large penalties.

 

Phil Higgins, CEO of Shearwater, commented:

 

"We are delighted to have been reappointed as the supplier of choice for this
leading British telecommunications company. Such a significant contract
renewal signifies the quality of Brookcourt's offering and is testament to the
value of the services the Group provides. Following our recent announcement of
another contract renewal, this demonstrates the excellent relationships we
have with our clients."

 

 

Enquiries:

 

 Shearwater Group plc                             www.shearwatergroup.com

 David Williams                                   c/o Alma PR

 Phil Higgins

 Cenkos Securities plc - NOMAD and Joint Broker   +44 (0) 20 7397 8900

 Ben Jeynes / Max Gould - Corporate Finance

 Julian Morse / Michael Johnson - Sales

 Berenberg - Joint Broker                         +44 (0) 20 3207 7800

 Matthew Armitt / Mark Whitmore

 Alma PR                                          shearwater@almapr.co.uk

 Susie Hudson / Caroline Forde / Joe Pederzolli   +44 (0) 20 3405 0205

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About Shearwater Group plc

 

Shearwater Group plc is an award-winning group providing cyber security,
managed security and professional advisory solutions to help create a safer
online environment for organisations and their end users.

 

The Group's differentiated full service offering spans identity and access
management and data security, cybersecurity solutions and managed security
services, and security governance, risk and compliance. Its growth strategy is
focused on building a scalable group that caters to the entire spectrum of
cyber security and managed security needs, through a focused buy and build
approach.

The Group is headquartered in the UK, serving customers across the globe
across a broad spectrum of industries.

 

Shearwater shares are listed on the London Stock Exchange's AIM under the
ticker "SWG".  For more information, please visit www.shearwatergroup.com.

 

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