Satellite Solutions Wldwide Grp PLC Director Dealings (1868K)
September 19 2016 - 4:31AM
UK Regulatory
TIDMSAT
RNS Number : 1868K
Satellite Solutions Wldwide Grp PLC
19 September 2016
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Director Dealing
Satellite Solutions Worldwide Group plc (AIM: SAT), the global
communications company specialising in rural and last-mile
satellite broadband, reports the following purchases of shares by
Directors, all of which took place at 7.75p per share:
Director Shares Purchased New Holding Percentage of issued share Date of purchase Date notified
capital
Andrew Walwyn 322,581 49,384,572 9.2% 16/9/2016 16/9/2016
Frank Waters 322,581 4,155,351 0.8% 16/9/2016 16/9/2016
Michael Tobin 130,000 1,126,666 0.2% 19/9/2016 19/9/2016
Rodger Sargent 322,581 9,487,668 1.8% 16/9/2016 16/9/2016
Total 1,097,743 12%
For further information:
Satellite Solutions Worldwide Group PLC www.satellitesolutionsworldwide.com
Andrew Walwyn, Chief Executive Officer Via Walbrook PR
Strand Hanson (Nominated Adviser) Tel: +44 (0)20 7409 3494
Andrew Emmott / Ritchie Balmer
Arden Partners plc (Broker) Tel: +44 (0)20 7614 5900
Catherine Miles / James Felix / Ciaran Walsh
Walbrook PR (PR advisers) Tel: +44 (0)20 7933 8780
Paul Cornelius / Nick Rome or ssw@walbrookpr.com
About SSW
Established in 2008, SSW offers a broad range of satellite
broadband services with customers across 32 countries. SSW's
solutions target B2C and B2B users, and the Company has products
developed specifically for the broadcasting, Police and Military
markets. SSW operates a number of brands Europasat (Europe),
Breiband (Nordics) and SkyMesh (Australia) and is now the fourth
largest independent provider of satellite broadband internet
services in the world.
Last year's listing on the London Stock Exchange together with
the support from Business Growth Fund and the investor community
this year have put the Company in an excellent position to continue
strong organic growth in its subscriber base and recurring revenues
as well as execute on its preferred acquisition partners. The
Directors of SSW believe there is a major opportunity to continue
this organic growth and as appropriate consider acquisitions
throughout the fragmented European satellite broadband market and
further afield.
Working closely with satellite owners and operators, SSW targets
customers in the 'digital divide' with solutions that deliver up to
30 Mbps satellite based broadband services or fixed wireless to
almost any premises, whether residential, commercial or industrial
across Europe and Australia, irrespective of location or local
infrastructure.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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September 19, 2016 04:31 ET (08:31 GMT)
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