Shearwater Group PLC Contract Win
January 11 2022 - 1:00AM
RNS Non-Regulatory
TIDMSWG
Shearwater Group PLC
11 January 2022
11 January 2022
RNS Reach
Shearwater Group PLC
("Shearwater", or the "Group")
Contract Win
Pentest Limited secures new contract win with a global
technology business
Shearwater Group plc, the organisational resilience group that
provides cybersecurity advisory and managed security services,
announces that its group company, Pentest Limited, has secured a
significant new contract with a global technology business worth
GBP300,000. The majority of the contract's value is expected to be
realised in the current full year and the contract contributes to
the Group's current full year expectations.
Under the terms of this contract, Pentest will deliver a range
of vulnerability assessment and penetration testing services to the
business, in relation to a major new project. Pentest will perform
an in-depth investigation into the organisation's resilience, with
the continued aim of uncovering any IT security vulnerabilities by
simulating the actions of a threat actor.
Phil Higgins, Chief Executive Officer of Shearwater Group plc,
commented:
"Successfully securing such a contract win with a global
technology organisation highlights the recognition of both Pentest
and the wider Group, as well as the quality and appeal of our
offering. We take great pride in being awarded opportunities of
this nature, allowing the group to positively contribute towards
evaluating and improving an organisation's security and
resilience."
Enquiries:
Shearwater Group plc www.shearwatergroup.com
David Williams c/o Alma PR
Phil Higgins
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 shearwater@almapr.co.uk
Susie Hudson / Caroline Forde / +44 (0) 20 3405 0205
Joe Pederzolli
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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.
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END
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