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Shearwater Group PLC

10 October 2019

RNS REACH

10 October 2019

SHEARWATER GROUP PLC

Brookcourt Solutions secures GBP8.5m managed services contract with one of the UK's largest telecommunications companies

Shearwater Group plc, the organisational resilience group, announces that its group company, Brookcourt Solutions has secured a three-year contract worth GBP8.5 million in aggregate with a leading FTSE 100 global telecommunications company.

Under the terms of the contract, Brookcourt Solutions will deliver bespoke managed support services around an advanced monitoring solution, which forms a key function within the organisation's global mobile infrastructure. The contract was initially scheduled for one year and has now been increased to three years in duration.

Phil Higgins, CEO of Shearwater Group plc, commented:

"This contract win once again highlights the robustness of Brookcourt's technical solutions in maintaining mission-critical infrastructure, and the strength of our relationships with our technology partners, who have been instrumental in supporting the delivery of this opportunity."

Enquiries:

 
 Shearwater Group plc                    c/o Instinctif Partners 
  David Williams, Chairman 
  Phil Higgins, CEO 
 Instinctif Partners                   shearwater@instinctif.com 
  Adrian Duffield / Chantal Woolcock        +44 (0) 20 7457 2815

About Shearwater Group plc

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

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

The Group is headquartered in the UK with offices in the US, UK and Europe, 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.

About Brookcourt Solutions

Brookcourt Solutions deliver cyber security, network monitoring technologies and managed security services to help secure and protect organisations' critical infrastructure. For more information, please visit www.brookcourtsolutions.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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.

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