Source - RNS
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 capital

Date of purchase

Date notified







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 [email protected]

 

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
 
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