Business
c.£9m Contract renewal and expansion
Shearwater Group PLC announced that its subsidiary, Brookcourt Solutions, has secured a significant three-year contract renewal and expansion with a Global Financial Organisation valued at approximately £9 million. This agreement, which includes Advanced Email Gateway and Insider Threat Management, will contribute £2.7 million to Shearwater's FY26 revenue expectations and underscores the company's expertise in delivering critical cyber defence solutions to major financial institutions. Disclaimer*
About this update from Shearwater Group Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (as amended), which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018. Upon publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n3 February 2026\n \nShearwater Group PLC\n(\"Shearwater\", the \"Company\" or the \"Group\")\n \nc.£9m Cyber Defence Solution contract with Global Financial Organisation\nBrookcourt secures a long-term renewal alongside a major capacity expansion\n \nShearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, is delighted to announce that its Group company, Brookcourt Solutions, has secured a c.£9m three-year contract renewal and expansion with a leading Global Financial Organisation. The contract win further supports the delivery of FY26 market expectations, with £2.7m to be recognised in FY26.\n \nUnder the terms of the contract, Brookcourt has agreed a renewal of the customer's Advanced Email Gateway and Insider Threat Management arrangements, and expansion of the Secure Email Gateway capacity. Brookcourt Solutions will deliver, implement and support a complex, market-leading email security solution across the customer's global estate. The solution, utilising Brookcourt's partner technologies, will enhance the organisation's cyber defence capabilities and further strengthen its overall security posture.\n \nThis contract renewal and expansion reflects Brookcourt Solutions' deep expertise in enterprise-scale cyber security deployments and its ability to support global financial institutions with mission-critical security infrastructure. The Group remains focused on converting its strong pipeline of opportunities and the continued delivery of growth. \n \nPhil Higgins, Group Chief Executive Officer of Shearwater Group plc, commented: \"This significant contract win demonstrates the strength of Brookcourt Solutions' cyber security capabilities and its trusted relationship with global financial institutions. Securing a long-term renewal alongside a major capacity expansion highlights both the critical nature of the services provided and the confidence customers place in our teams. This win further un...