REG - Shearwater Group PLC - Adviser Update

ShearwaterAnnouncement

23/11/2022 07:00

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RNS Number : 2649H  Shearwater Group PLC  23 November 2022

23 November 2022

 

 

SHEARWATER GROUP PLC

 

("Shearwater", or the "Group")

Adviser Update

 

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed
security services group, announces that Cenkos Securities plc will act as the
Company's sole broker with effect from today. Cenkos Securities plc remains
the Company's nominated adviser.

 

David Williams, Chairman of Shearwater Group, commented: "As part of our
regular cost monitoring procedure and given the size of our company, the Board
came to the view that the cost of having two brokers was not providing
sufficient value to shareholders. Accordingly we have streamlined our
financial adviser relationships to Cenkos as our Nominated Adviser and sole
broker."

 

Enquiries:

 

 Shearwater Group plc                            www.shearwatergroup.com (http://www.shearwatergroup.com/)

 David Williams, Chairman                        c/o Alma PR

 Phil Higgins, CEO

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

 Ben Jeynes / Max Gould - Corporate Finance

 Alex Pollen / Michael Johnson - Sales

 Alma PR                                         shearwater@almapr.co.uk (mailto:shearwater@almapr.co.uk)

 Justine James / Joe Pederzolli                  +44 (0) 20 3405 0205

 

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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