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Shearwater Group PLC - London-based cybersecurity advisory and managed security services group - Announces the expansion of its existing contract with a central government department for the provision of threat intelligence services supporting its internal security operations. The expanded contract has a total value of about £1 million over a three-year term, reflecting both an extension of the contract duration and an increase in services consumed, and supports the delivery of existing full-year market expectations. Phil Higgins, chief executive officer, commented: ‘This expansion demonstrates the strength of our relationship with a central government customer and the value of our threat intelligence solutions. Extending the term and increasing service consumption supports the department’s shared services model while providing a platform for further growth.’ Current stock price: 41.25 pence, down 4.1% in London on Tuesday 12-month change: up 3.1% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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