REG - Shearwater Group PLC - £7.3m Contract Extension

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RNS Number : 1717K  Shearwater Group PLC  04 December 2025

4 December 2025

 

Shearwater Group PLC

("Shearwater", or the "Group")

 

£7.3m Contract Extension with Leading Mobile Network Operator

Strengthening data protection capabilities at a critical time

Shearwater Group plc, the cybersecurity, advisory and managed security
services group, is pleased to announce that its Group company, Brookcourt
Solutions, has secured a significant £7.3m contract extension and expansion,
over three years, with a leading British mobile network operator.

The total contract value is approximately, £7.3m, of which £3.5m will be
recognised in FY26, supporting the delivery of market expectations for the
period. The contract comprises of approximately £6.1m for the provision of
Thales Imperva Data Security Fabric ("DSF") licences, and approximately £1.2m
for Brookcourt's Managed Services provision.

The Thales Imperva DSF will provide unified visibility, control and automation
to protect sensitive data, prevent breaches and simplify compliance. Under the
agreement, Brookcourt's Managed Service will provide dedicated engineering
expertise to strengthen the customer's operational teams, focusing on advanced
management of their data security platform. This enhanced solution ensures the
customer continues to secure data across its extensive and complex
infrastructure, improving its overall security posture and helping mitigate
data security risks and compliance policy violations.

This contract award reflects Brookcourt's long-standing relationship with the
customer and demonstrates continued confidence in Shearwater's capability to
deliver critical data security, monitoring and protection services. More
broadly, the increasing frequency, complexity and scale of cyber-security
threats continue to fuel growth in the sector, with cybersecurity now a
central priority in customer procurement decisions. The Group remains focused
and committed to converting its strong and expanding pipeline of
opportunities.

Phil Higgins, Chief Executive Officer of Shearwater Group plc, said: "This
contract extension represents a strong validation of the value we deliver to
major critical infrastructure organisations. Our continued partnership with
this leading UK telecommunications provider underlines both the quality of our
technology partners and the deep expertise within Brookcourt's managed
services team. We are delighted to support the customer in strengthening their
data protection capabilities over the next three years and view this contract
as an important contributor to our long-term growth strategy."

 

Enquiries

 

 Shearwater Group plc                             www.shearwatergroup.com

 David Williams, Chairman                         c/o Alma

 Phil Higgins, CEO

 Jonathan Hall, CFO

 Cavendish Capital Markets Limited - NOMAD        +44 (0) 20 7397 8900

 Adrian Hadden / Ben Jeynes - Corporate Finance

 Dale Bellis / Michael Johnson - Sales

 Alma                                             shearwater@almastrategic.com (mailto:shearwater@almastrategic.com)

 Justine James / Joe Pederzolli / Emma Thompson   +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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