Adviser Update

By

Regulatory News | 23 Nov, 2022

Updated : 14:43

RNS Number : 2649H
Shearwater Group PLC
23 November 2022
 

23 November 2022

 

 

SHEARWATER GROUP PLC

 

("Shearwater", or the "Group")

Adviser Update

 

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, announces that Cenkos Securities plc will act as the Company's sole broker with effect from today. Cenkos Securities plc remains the Company's nominated adviser.

 

David Williams, Chairman of Shearwater Group, commented: "As part of our regular cost monitoring procedure and given the size of our company, the Board came to the view that the cost of having two brokers was not providing sufficient value to shareholders. Accordingly we have streamlined our financial adviser relationships to Cenkos as our Nominated Adviser and sole broker."

 

Enquiries:

 

Shearwater Group plc

David Williams, Chairman

Phil Higgins, CEO

 

www.shearwatergroup.com

c/o Alma PR

Cenkos Securities plc - NOMAD and Broker

Ben Jeynes / Max Gould - Corporate Finance

Alex Pollen / Michael Johnson - Sales

 

+44 (0) 20 7397 8900

Alma PR

Justine James / Joe Pederzolli

shearwater@almapr.co.uk 

+44 (0) 20 3405 0205

 

About Shearwater Group plc

 

Shearwater Group plc is an award-winning group providing cyber security, managed security and professional advisory solutions to create a safer online environment for organisations and their end users.

 

The Group's differentiated full service offering spans identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.

 

The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.

 

Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG".  For more information, please visit www.shearwatergroup.com.

 

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