Shearwater Regulatory News (SWG)

06 May 2021

RNS Reach

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

Framework Agreement Renewal

Brookcourt secures five year supply framework agreement with leading multinational investment bank

Shearwater Group plc, the organisational resilience group which provides cybersecurity, advisory and managed security services, announces that its group company, Brookcourt Solutions Limited ("Brookcourt"), has extended its framework arrangement with a leading British multinational investment bank and financial services company, headquartered in London, England for a further five years.

The framework extension provides for the continued supply of leading-edge cyber security, networking services and solutions to the client, to whom Brookcourt has been a key partner for more than 15 years. Brookcourt has assisted the bank in attaining its position as an industry leader in security through the introduction, integration and maintenance of complex security and infrastructure solutions. This extension reinforces the long-standing partnership between Brookcourt and the client, demonstrating confidence in the Group's ability to provide optimal solutions both domestically and internationally. 

Phil Higgins, CEO of Shearwater Group, commented:

"We are delighted to be part of the delivery programme with one of the world's largest multinational banks. The framework extension is testament to the Group's strong relationship with its clients and exemplifies the importance of our role supporting them to better understand, manage and reduce cybersecurity risk."

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About Shearwater Group plc

Shearwater Group plc is an award-winning organisational resilience group that provides cybersecurity, advisory and managed security services to help assure and secure businesses in a connected global economy.

The Group's comprehensive cybersecurity solutions and services maintain trust between users, assure the protection of information assets and critical infrastructure, and support organisations' operational effectiveness. Its capabilities include identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance.

The Group is headquartered in the UK, serving customers across the globe who are active in 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.

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