REG - Shearwater Group PLC - Contract Win and Notice of Results

ShearwaterAnnouncement

19/07/2024 12:45

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RNS Number : 0858X  Shearwater Group PLC  19 July 2024

19 July 2024

 

Shearwater Group PLC

 

("Shearwater", or the "Group")

 

Contract Win and Notice of Results

 

Brookcourt Solutions signs three-year deal worth $4.8 million

 

Shearwater Group plc, the cybersecurity, advisory and managed security
services group, is pleased to announce that its group company, Brookcourt
Solutions ("Brookcourt") has secured a significant three-year contract with a
leading British telecommunications company, worth $4.8 million.

 

Under the terms of the contract, Brookcourt will provide an upgraded Security
Operations solution for the longstanding client that provides mobile, fixed
telephone, television and internet services in the UK. This contract will
improve the organisation's overall security posture and help to mitigate
risks, as well as detect security and compliance violations across the
client's large network.

 

 

Notice of Results and online investor presentation

 

The Company announces that it expects to publish its final results for the
year ended 31 March 2024 on Wednesday 24 July 2024.

 

Shearwater Group's Chief Executive Officer, Phil Higgins, and Adam Hurst,
Interim Chief Financial Officer, will provide an investor presentation
relating to the results via the Investor Meet Company platform on Wednesday 24
July 2024 at 10:00 BST.

The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via the Investor Meet Company dashboard up until 23
July 2024 at 09:00 BST, or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet
Shearwater Group PLC via:
https://www.investormeetcompany.com/shearwater-group-plc/register-investor
(https://www.investormeetcompany.com/shearwater-group-plc/register-investor)

 

Phil Higgins, CEO of Shearwater, commented: "We are delighted to continue our
partnership with one of the UK's largest Mobile and Telecommunication
Operators, forming an integral part of their security programme. This new win
exemplifies our ongoing commitment to helping our customers better understand,
manage, and reduce their security risks. We are encouraged by the increased
visibility of larger sales opportunities, and we remain focused on the
conversion of our pipeline."

 

 

 

Enquiries:

 Shearwater Group plc                                               www.shearwatergroup.com

 David Williams, Chairman                                           c/o Alma

 Phil Higgins, CEO

 Adam Hurst, Interim CFO

 Cavendish Securities plc - NOMAD                                   +44 (0) 20 7397 8900

 Adrian Hadden / Ben Jeynes / Fergus Sullivan - Corporate Finance

 Henry Nicol / 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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