Last checked at 17 Mar 2022 07:00
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 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.