RCS - Shearwater Group PLC - Contract Win

ShearwaterAnnouncement

17/03/2022 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:20220317:nRSQ0599Fa&default-theme=true

RNS Number : 0599F  Shearwater Group PLC  17 March 2022

17 March 2022

RNS Reach

Shearwater Group PLC

("Shearwater", or the "Group")

Contract Win

Brookcourt Solutions secures $4.1 million contract with a global financial
organisation

 

Shearwater Group plc (AIM: SWG), the organisational resilience group that
provides cybersecurity, advisory and managed security services, is pleased to
announce that its group company, Brookcourt Solutions, has
secured a significant three-year advanced endpoint cyber defence solution
contract with a global financial organisation, totalling $4.1 million. The
contract contributes to the Group's current full year expectations.

 

Under the terms of this contract, Brookcourt Solutions will be responsible for
deploying one of its technology partners' cutting-edge endpoint security
software solutions across the breadth of the financial organisation's
operations. This solution will improve the resilience of the organisation's
digital estate.

 

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

 

"This is an outstanding contract win for Brookcourt Solutions, demonstrating
our deep understanding of best-in-class technologies and the strong partner
portfolio that we have on offer for our customers. Being trusted to
efficiently deploy cutting-edge, robust, effective and cost efficient cyber
security solutions to global financial organisations of this calibre is
something that we are very proud of."

 

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

 

This is an RNS Reach announcement and the information contained is not
considered to have a significant impact on management's expectations of the
Group's performance. RNS Reach is an investor communication service aimed at
assisting listed and unlisted (including AIM quoted) companies to distribute
non-regulatory news releases into the public domain. Information required to
be notified under the AIM Rules for Companies, Market Abuse Regulation or
other regulation would be disseminated as an RNS regulatory announcement and
not on RNS Reach.

 

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.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. 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/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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  NRABKABDBBKBOND