Contract Renewal

RNS Number : 7830L
Shearwater Group PLC
15 September 2021
 

15 September 2021

RNS Reach

 

SHEARWATER GROUP PLC

("Shearwater" or the "Group")

 

Contract Renewal


Brookcourt Solutions secures significant contract renewal with leading British telecommunications and media company

 

Shearwater Group plc, the organisational resilience group that provides cybersecurity, professional advisory and managed security services, announces that its group company, Brookcourt Solutions, has secured a one-year contract renewal with a value of c. £1.0 million with a leading British telecommunications and media company.

 

The contract, for ongoing support for a data protection and monitoring platform delivered by Brookcourt Solutions, will see Brookcourt continue to ensure effective data protection solutions and tools are implemented in the client's environment, mitigating database risks and detecting compliance and security policy violations. In doing so Brookcourt will be helping the client to eliminate data breaches and associated large penalties.

 

Phil Higgins, CEO of Shearwater, commented:

 

"We are delighted to have been reappointed as the supplier of choice for this leading British telecommunications company. Such a significant contract renewal signifies the quality of Brookcourt's offering and is testament to the value of the services the Group provides. Following our recent announcement of another contract renewal, this demonstrates the excellent relationships we have with our clients."

 

 

Enquiries:

 

Shearwater Group plc

David Williams

Phil Higgins

 

www.shearwatergroup.com

c/o Alma PR

Cenkos Securities plc - NOMAD and Joint Broker

Ben Jeynes / Max Gould - Corporate Finance

Julian Morse / Michael Johnson - Sales

 

+44 (0) 20 7397 8900

Berenberg - Joint Broker 

Matthew Armitt / Mark Whitmore

 

+44 (0) 20 3207 7800

Alma PR

Susie Hudson / Caroline Forde / Joe Pederzolli

shearwater@almapr.co.uk 

+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 or visit 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.
 
END
 
 
NRABCGDCXSBDGBS
UK 100

Latest directors dealings