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IN BRIEF: Shearwater Group renews support contract with telecoms firm

ALN

Shearwater Group PLC - London-based cybersecurity services provider - Subsidiary Brookcourt Solutions wins significant support contract renewal with an unnamed UK telecoms firm based in London.

Renewed contract is for the set up of a data protection and monitoring platform. The contract's value exceeds £980,000 across the next 12 months.

‘We are delighted to be part of a security programme with one of the UK's largest telecommunications companies. This renewal is another great example of how we continue to partner with our customers so that they can better understand, manage, and reduce their cybersecurity risk,’ says Chief Executive Officer Phil Higgins.

Current stock price: 114.50 pence

12-month change: down 20%

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