TIDMSAT

RNS Number : 5874D

Satellite Solutions Wldwide Grp PLC

27 April 2017

27 April 2017

Satellite Solutions Worldwide Group plc

("SSW" or the "Company")

Result of AGM

Satellite Solutions Worldwide Group plc (AIM: SAT), the global communications company specialising in rural and last-mile satellite broadband, announces that at the Annual General Meeting held earlier today, all of the resolutions put to shareholders were duly passed.

For further information:

 
 Satellite Solutions Worldwide    www.satellitesolutionsworldwide.com 
  Group PLC 
 Andrew Walwyn, Chief Executive   Via Walbrook PR 
  Officer 
 
 Numis Securities (Nomad          Tel: +44 (0)20 7260 
  and broker)                      1000 
  Jamie Lillywhite / Simon 
  Willis (Corporate Advisory) 
  James Black / Jonathan Abbott 
  (Corporate Broking) 
 
 Walbrook PR (PR advisers)        Tel: +44 (0)20 7933 
                                   8780 
 Paul Cornelius / Nick Rome       or ssw@walbrookpr.com

About SSW

Established in 2008, SSW specialises in the provision of rural and last mile 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 such as Europasat (Europe), Breiband (Nordics) and SkyMesh (Australia) and is now the fourth largest independent provider of satellite broadband internet services in the world.

The 2015 listing on the London Stock Exchange together with the support from Business Growth Fund and investors in 2016 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 preferred acquisitions. The Directors 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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(END) Dow Jones Newswires

April 27, 2017 09:40 ET (13:40 GMT)

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