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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sat Sol World | LSE:SAT | London | Ordinary Share | GB00BT6SRD21 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 8.60 | 8.50 | 8.70 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMSAT
RNS Number : 2070O
Satellite Solutions Wldwide Grp PLC
17 August 2017
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Completion of Acquisition, Directors Dealings and Notice of Results
Satellite Solutions Worldwide Group plc (AIM: SAT), the global communications company specialising in rural and alternative last-mile satellite broadband, announces that following today's admission of 143,571,428 new ordinary shares, it has completed the acquisition of Quickline Communications Limited ("Quickline"). This follows the announcements made by the Company on 28 July 2017 in relation to the Placing and acquisition of Quickline, and on 16 August 2017 in relation to the passing of the Resolutions at the General Meeting of the Company.
Total Voting Rights and Director Shareholdings
The Company now has 682,610,252 ordinary shares in issue and this figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change of their interest in, the Company under the Disclosure, Guidance and Transparency Rules of the Financial Conduct Authority.
All of the Directors participated in the Placing, subscribing for a combined total of 1,611,000 Placing Shares. Details of the Director subscription and their current shareholdings are in the table below.
Hot Features
Premium
Director Position Shareholding No. of Current % of
prior Placing shareholding current
to Placing Shares issued
acquired share
capital
Michael
Tobin Chairman 1,373,666 329,000 1,702,666 0.3
Andrew
Walwyn CEO 49,384,572 142,000 49,526,572 7.3
Frank Waters CFO 4,155,351 142,000 4,297,351 0.6
Simon Clifton CTO 33,848,450 142,000 33,990,450 5.0
Non-executive
Paul Howard Director 1,966,667 142,000 2,108,667 0.3
Stephen Non-executive
Morana Director 2,120,000 714,000 2,834,000 0.4
Total 92,848,706 1,611,000 94,459,706 13.8
Notice of Results
The Company will announce results for the six-month period ended 31 May 2017 on Thursday 31 August 2017.
Defined terms used in this announcement have the same meaning as those within the Company's announcement on 28 July 2017.
Contacts:
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
Oliver Hardy / 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
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------------
a) Name: Michael Tobin
--- ---------------------------------- ------------------------
2. Reason for the notification
--- ---------------------------------- ------------------------
a) Position/status: Non-Executive Chairman
--- ---------------------------------- ------------------------
b) Initial notification/Amendment: Initial Notification
--- ---------------------------------- ------------------------
3. Details of the issuer,
emission allowance market
participant, auction platform,
auctioneer or auction monitor
--- ---------------------------------- ------------------------
a) Name: Satellite Solutions
Worldwide Group plc
--- ---------------------------------- ------------------------
b) LEI: N/A
--- ---------------------------------- ------------------------
4. Details of the transaction(s):
section to be repeated
for (i) each type of instrument;
(ii) each type of transaction;
(iii) each date; and (iv)
each place where transactions
have been conducted
--- ---------------------------------- ------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument GBP0.01 each
Identification Code
ISIN: GB00BT6SRD21
--- ---------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ---------------------------------- ------------------------
c) Price(s) and volume 329,000 shares at
7.0p per share
--- ---------------------------------- ------------------------
d) Aggregated information 329,000 Ordinary
Shares of GBP0.01
acquired at 7p per
Ordinary Share
--- ---------------------------------- ------------------------
e) Date of the transaction 16 August 2017
--- ---------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ---------------------------------- ------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------------
a) Name: Mr Andrew Walwyn
--- ---------------------------------- ------------------------
2. Reason for the notification
--- ---------------------------------- ------------------------
a) Position/status: Chief Executive Officer
--- ---------------------------------- ------------------------
b) Initial notification/Amendment: Initial Notification
--- ---------------------------------- ------------------------
3. Details of the issuer,
emission allowance market
participant, auction platform,
auctioneer or auction
monitor
--- ---------------------------------- ------------------------
a) Name: Satellite Solutions
Worldwide Group plc
--- ---------------------------------- ------------------------
b) LEI: N/A
--- ---------------------------------- ------------------------
4. Details of the transaction(s):
section to be repeated
for (i) each type of instrument;
(ii) each type of transaction;
(iii) each date; and (iv)
each place where transactions
have been conducted
--- ---------------------------------- ------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument GBP0.01 each
Identification Code
ISIN: GB00BT6SRD21
--- ---------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ---------------------------------- ------------------------
c) Price(s) and volume 142,000 shares at
7.0p per share
--- ---------------------------------- ------------------------
d) Aggregated information 142,000 Ordinary
Shares of GBP0.01
acquired at 7p per
Ordinary Share
--- ---------------------------------- ------------------------
e) Date of the transaction 16 August 2017
--- ---------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ---------------------------------- ------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------------
a) Name: Mr Frank Waters
--- ---------------------------------- ------------------------
2. Reason for the notification
--- ---------------------------------- ------------------------
a) Position/status: Chief Financial Officer
--- ---------------------------------- ------------------------
b) Initial notification/Amendment: Initial Notification
--- ---------------------------------- ------------------------
3. Details of the issuer,
emission allowance market
participant, auction platform,
auctioneer or auction
monitor
--- ---------------------------------- ------------------------
a) Name: Satellite Solutions
Worldwide Group plc
--- ---------------------------------- ------------------------
b) LEI: N/A
--- ---------------------------------- ------------------------
4. Details of the transaction(s):
section to be repeated
for (i) each type of instrument;
(ii) each type of transaction;
(iii) each date; and (iv)
each place where transactions
have been conducted
--- ---------------------------------- ------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument GBP0.01 each
Identification Code
ISIN: GB00BT6SRD21
--- ---------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ---------------------------------- ------------------------
c) Price(s) and volume 142,000 shares at
7.0p per share
--- ---------------------------------- ------------------------
d) Aggregated information 142,000 Ordinary
Shares of GBP0.01
acquired at 7p per
Ordinary Share
--- ---------------------------------- ------------------------
e) Date of the transaction 16 August 2017
--- ---------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ---------------------------------- ------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------------
a) Name: Mr Simon Clifton
--- ---------------------------------- ------------------------
2. Reason for the notification
--- ---------------------------------- ------------------------
a) Position/status: Chief Technical Officer
--- ---------------------------------- ------------------------
b) Initial notification/Amendment: Initial Notification
--- ---------------------------------- ------------------------
3. Details of the issuer,
emission allowance market
participant, auction platform,
auctioneer or auction
monitor
--- ---------------------------------- ------------------------
a) Name: Satellite Solutions
Worldwide Group plc
--- ---------------------------------- ------------------------
b) LEI: N/A
--- ---------------------------------- ------------------------
4. Details of the transaction(s):
section to be repeated
for (i) each type of instrument;
(ii) each type of transaction;
(iii) each date; and (iv)
each place where transactions
have been conducted
--- ---------------------------------- ------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument GBP0.01 each
Identification Code
ISIN: GB00BT6SRD21
--- ---------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ---------------------------------- ------------------------
c) Price(s) and volume 142,000 shares at
7.0p per share
--- ---------------------------------- ------------------------
d) Aggregated information 142,000 Ordinary
Shares of GBP0.01
acquired at 7p per
Ordinary Share
--- ---------------------------------- ------------------------
e) Date of the transaction 16 August 2017
--- ---------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ---------------------------------- ------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------------
a) Name: Paul Howard
--- ---------------------------------- ------------------------
2. Reason for the notification
--- ---------------------------------- ------------------------
a) Position/status: Non-Executive Director
--- ---------------------------------- ------------------------
b) Initial notification/Amendment: Initial Notification
--- ---------------------------------- ------------------------
3. Details of the issuer,
emission allowance market
participant, auction platform,
auctioneer or auction
monitor
--- ---------------------------------- ------------------------
a) Name: Satellite Solutions
Worldwide Group plc
--- ---------------------------------- ------------------------
b) LEI: N/A
--- ---------------------------------- ------------------------
4. Details of the transaction(s):
section to be repeated
for (i) each type of instrument;
(ii) each type of transaction;
(iii) each date; and (iv)
each place where transactions
have been conducted
--- ---------------------------------- ------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument GBP0.01 each
Identification Code
ISIN: GB00BT6SRD21
--- ---------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ---------------------------------- ------------------------
c) Price(s) and volume 142,000 shares at
7.0p per share
--- ---------------------------------- ------------------------
d) Aggregated information 142,000 Ordinary
Shares of GBP0.01
acquired at 7p per
Ordinary Share
--- ---------------------------------- ------------------------
e) Date of the transaction 16 August 2017
--- ---------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ---------------------------------- ------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ------------------------------------------------------------
a) Name: Stephen Morana
--- ---------------------------------- ------------------------
2. Reason for the notification
--- ---------------------------------- ------------------------
a) Position/status: Non-Executive Director
--- ---------------------------------- ------------------------
b) Initial notification/Amendment: Initial Notification
--- ---------------------------------- ------------------------
3. Details of the issuer,
emission allowance market
participant, auction platform,
auctioneer or auction
monitor
--- ---------------------------------- ------------------------
a) Name: Satellite Solutions
Worldwide Group plc
--- ---------------------------------- ------------------------
b) LEI: N/A
--- ---------------------------------- ------------------------
4. Details of the transaction(s):
section to be repeated
for (i) each type of instrument;
(ii) each type of transaction;
(iii) each date; and (iv)
each place where transactions
have been conducted
--- ---------------------------------- ------------------------
a) Description of the financial Ordinary Shares of
instrument, type of instrument GBP0.01 each
Identification Code
ISIN: GB00BT6SRD21
--- ---------------------------------- ------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ---------------------------------- ------------------------
c) Price(s) and volume 714,000 shares at
7.0p per share
--- ---------------------------------- ------------------------
d) Aggregated information 714,000 Ordinary
Shares of GBP0.01
acquired at 7p per
Ordinary Share
--- ---------------------------------- ------------------------
e) Date of the transaction 16 August 2017
--- ---------------------------------- ------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ---------------------------------- ------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBLGDILBBBGRL
(END) Dow Jones Newswires
August 17, 2017 03:20 ET (07:20 GMT)
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