RCS - Shearwater Group PLC - Contract Renewal

ShearwaterAnnouncement

01/09/2022 07:00

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RNS Number : 8480X  Shearwater Group PLC  01 September 2022

01 September 2022

RNS Reach

 

 

SHEARWATER GROUP PLC

 

("Shearwater", or the "Group")

Contract Renewal

Brookcourt Solutions secures contract renewal with a leading British telecoms
business

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed
security services group, is pleased to announce that its group company,
Brookcourt Solutions, has secured a significant support contract renewal with
a leading British telecommunications company headquartered in London,
England.

 

The renewal is for a support contract for a data protection and monitoring
platform with the company, which provides mobile, telephone, television, and
internet services across the United Kingdom.

 

The contract value exceeds £980,000 across the next 12 months and ensures
that Brookcourt's client continues its use of effective data protection,
solutions and tools to protect its proprietary data, as well as its customers'
critical data. The solution improves the organisation's overall security;
helping mitigate database risks and detecting compliance and security policy
violations.

 

Phil Higgins, Group Chief Executive Officer of Shearwater, commented:

 

"We are delighted to be part of a security programme with one of the UK's
largest telecommunications companies. This renewal is another great example of
how we continue to partner with our customers so that they can better
understand, manage, and reduce their cybersecurity risk."

 

Enquiries:

 

 Shearwater Group plc                            www.shearwatergroup.com

 David Williams, Chairman                        c/o Alma PR

 Phil Higgins, CEO

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

 Ben Jeynes / Max Gould - Corporate Finance

 Alex Pollen / Michael Johnson - Sales

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

 Matthew Armitt / Mark Whitmore

 Alma PR                                         shearwater@almapr.co.uk

 Justine James / 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 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 globally 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
(http://www.shearwatergroup.com) .

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