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IN BRIEF: Shearwater's Pentest secures new GBP300,000 contract

11th Jan 2022 11:05

Shearwater Group PLC - London-based cybersecurity services provider - Says its group company Pentest secured a contract with an unnamed global technology business worth GBP300,000. Adds that the majority of the contract's value is expected to be realised in this year. Says the contract also contributes to its current full-year expectations. Explains that Pentest will deliver a range of vulnerability assessment and penetration testing services to the business, in relation to a major project.

"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," Chief Executive Phil Higgins says.

Current stock price: 116.75 pence, up 0.2% on Tuesday

12-month change: down 27%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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