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SAT Sat Sol World

8.60
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
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 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Satellite Solutions Wldwide Grp PLC Director Dealings (1868K)

19/09/2016 9:31am

UK Regulatory


Sat Sol (LSE:SAT)
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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

DSHGIGDCGXBBGLC

(END) Dow Jones Newswires

September 19, 2016 04:31 ET (08:31 GMT)

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