REG - Shearwater Group PLC - c.£9m Contract renewal and expansion

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RNS Number : 4073R  Shearwater Group PLC  03 February 2026

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3 February 2026

 

Shearwater Group PLC

("Shearwater", the "Company" or the "Group")

 

c.£9m Cyber Defence Solution contract with Global Financial Organisation

Brookcourt secures a long-term renewal alongside a major capacity expansion

 

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed
security services group, is delighted to announce that its Group company,
Brookcourt Solutions, has secured a c.£9m three-year contract renewal and
expansion with a leading Global Financial Organisation. The contract win
further supports the delivery of FY26 market expectations, with £2.7m to be
recognised in FY26.

 

Under the terms of the contract, Brookcourt has agreed a renewal of the
customer's Advanced Email Gateway and Insider Threat Management arrangements,
and expansion of the Secure Email Gateway capacity. Brookcourt Solutions will
deliver, implement and support a complex, market-leading email security
solution across the customer's global estate. The solution, utilising
Brookcourt's partner technologies, will enhance the organisation's cyber
defence capabilities and further strengthen its overall security posture.

 

This contract renewal and expansion reflects Brookcourt Solutions' deep
expertise in enterprise-scale cyber security deployments and its ability to
support global financial institutions with mission-critical security
infrastructure. The Group remains focused on converting its strong pipeline of
opportunities and the continued delivery of growth.

 

Phil Higgins, Group Chief Executive Officer of Shearwater Group plc,
commented: "This significant contract win demonstrates the strength of
Brookcourt Solutions' cyber security capabilities and its trusted relationship
with global financial institutions. Securing a long-term renewal alongside a
major capacity expansion highlights both the critical nature of the services
provided and the confidence customers place in our teams. This win further
underpins the Group's strategy of building recurring, high-value revenues from
market-leading cyber defence solutions."

 

 

 

Enquiries

 

 Shearwater Group plc                                  www.shearwatergroup.com

 Phil Higgins, CEO                                     c/o Alma

 Jonathan Hall, CFO

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

 Adrian Hadden / Ben Jeynes - Corporate Finance

 Dale Bellis / Michael Johnson - Sales

 Alma Strategic Communications                         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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