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IN BRIEF: Shearwater shares jump with GBP21 million contract

13th Apr 2022 12:24

Shearwater Group PLC - London-based cybersecurity services provider - Says subsidiary Brookcourt Solutions Ltd secured "significant" new contract with potential value of up to GBP21.0 million with an unnamed telecommunications and media company. The initial, secured value of the contract is GBP12.9 million, across an initial three-year term, with the option to extend by a further two years for a total additional value of about GBP8.0 million. Says Brookcourt Solutions will provide forensic monitoring solutions, support, maintenance, training and managed services to the customer.

Current stock price: 136.25 pence, up 24% on Wednesday

12-month change: down 0.2%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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FTSE 100 Latest
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Change53.53