Satellite Solutions Wldwide Grp PLC Disclosure of Directors' Appointments (4161S)

TIDMSAT

RNS Number : 4161S

Satellite Solutions Wldwide Grp PLC

21 December 2016

Satellite Solutions Worldwide Group plc

Regulatory Disclosure of Directors' Appointments

Pursuant to AIM Rule 17 and Schedule 2 Annex III of the AIM Rules, Satellite Solutions Worldwide Group plc provides the following disclosure relating to its directors which updates disclosures made in the Admission Document and the Company's announcement of 29 September 2015.

Michael Tobin (aged 52) - Non-executive Chairman

 
 CURRENT DIRECTORSHIPS/PARTNERSHIPS   DIRECTOR/PARTNER IN THE 
                                       LAST 5 YEARS 
===================================  =================================== 
 BASEFARM AB (NOR)                    ACADEMICA OY 
 BREIBAND NO. A.S.                    BLUE WHITE IT OY 
 CC35 MANAGEMENT COMPANY              CENTRAL DATA CENTRES 
  LTD                                  LIMITED 
 CHAYORA LTD (HK)                     DATA ELECTRONICS GROUP 
                                       LIMITED 
 DATAHUB FINLAND (FIN)                DATA ELECTRONICS SERVICES 
                                       LIMITED (NOW CALLED TELECITYGROUP 
                                       IRELAND LIMITED) 
 DATAPIPE INC (USA)                   GLOBIX HOLDINGS (UK) 
                                       LIMITED 
 EURODIESEL SA (BEL)                  GLOBIX LIMITED 
 EUROPASAT (IRELAND) LTD              GLX LEASING LIMITED 
 EUROPASAT FRANCE                     IGUA NETWORKS OY. 
 EUROPASAT SP. Z.O.O.                 INTERNET FACILITATORS 
                                       HOLDINGS LIMITED 
 IXCELLERATE LIMITED                  INTERNET FACILITATORS 
                                       LIMITED 
 PULSANT GROUP LIMITED                ITCONIC SA 
 SAT2WAY                              NEWINCCO 992 LIMITED 
 SATELLITE SOLUTIONS WORLDWIDE        PACNET 
  GROUP PLC 
 SKYMESH PTY LTD                      PEOPLE PER HOUR LTD 
 SPRINGLUX SA (LUX)                   PROPOINT OY 
 TEAM ROCK LIMITED(b)                 SADECEHOSTING (LEGAL 
                                       NAME: HOSTING İNTERNET 
                                       HIZMETLERI SANAYI VE 
                                       TICARET ANONIM IRKETI) 
 TERACO DATA ENVIRONMENTS             SOLO TURKEY (LEGAL NAME: 
  (SA)                                 SOLO TURKEY İNTERNET 
                                       HIZMETLERI ANONIM IRKETI 
 TOBIN VENTURES LIMITED               TELECITY GROUP LIMITED 
 ULTRAHAPTICS HOLDINGS                TELECITY LIMITED 
  LTD 
                                      TELECITY UK LIMITED 
                                      TELECITYGROUP BULGARIA 
                                       EAD 
                                      TELECITYGROUP FINLAND 
                                       OY 
                                      TELECITYGROUP GMBH 
                                      TELECITYGROUP HOLDINGS 
                                       LIMITED 
                                      TELECITYGROUP INTERNATIONAL 
                                       LIMITED 
                                      TELECITYGROUP INVESTMENTS 
                                       LIMITED 
                                      TELECITYGROUP IRELAND 
                                       LIMITED (NOW CALLED TELECITY 
                                       (IRELAND) LIMITED 
                                      TELECITYGROUP ITALIA 
                                       SPA 
                                      TELECITYGROUP ITALIA 
                                       SRL. 
                                      TELECITYGROUP NETHERLANDS 
                                       BV 
                                      TELECITYGROUP POLAND 
                                       SP. Z O.O. 
                                      TELECITYGROUP SCANDINAVIA 
                                       AB 
                                      TELECITYGROUP SPAIN SA 
                                      TELECITYGROUP UK LIMITED 
                                      THE SHARPE'S CHILDREN 
                                       FOUNDATION 
                                      THE UK GRID NETWORK LIMITED 
                                      UK GRID GROUP LIMITED 
                                      ULTRAHAPTICS LIMITED 
===================================  =================================== 
 

Andrew Walwyn (aged 48) - Chief Executive Officer

 
 CURRENT DIRECTORSHIPS/PARTNERSHIPS   DIRECTOR/PARTNER IN THE 
                                       LAST 5 YEARS 
===================================  =========================== 
 AVONLINE SATELLITE SERVICES          OVERLAND ADVENTURE LIMITED 
  HOLDINGS LIMITED 
 AVONLINE SATELLITE SERVICES          TOOWAY DIRECT LIMITED 
  LIMITED 
 OPUS TECHNOLOGY LIMITED 
 OVERLAND LIMITED 
 SATELLITE SOLUTIONS WORLDWIDE 
  GROUP PLC 
 SATELLITE SOLUTIONS WORLDWIDE 
  LIMITED 
===================================  =========================== 
 

Frank Waters (aged 51) - Chief Financial Officer

 
 CURRENT DIRECTORSHIPS/PARTNERSHIPS   DIRECTOR/PARTNER IN THE 
                                       LAST 5 YEARS 
===================================  ============================ 
 AVONLINE SATELLITE SERVICES          ENVIRONMENTAL MOBILE 
  HOLDINGS LIMITED                     CONTROL LIMITED 
 AVONLINE SATELLITE SERVICES          POUNDSTORE PLUS LIMITED 
  LIMITED 
 MAGA LLP                             REDEEM (EBT) LIMITED 
 MEARNS CASTLE GOLF ACADEMY           REDEEM ACQUISITIONS LIMITED 
  LIMITED 
 SATELLITE SOLUTIONS WORLDWIDE        REDEEM HOLDINGS LIMITED 
  GROUP PLC 
 SATELLITE SOLUTIONS WORLDWIDE        REDEEM LIMITED 
  LIMITED 
 EUROPASAT (IRELAND) LTD 
 EUROPASAT SP. Z.O.O. 
 BREIBAND NO. A.S. 
 SKYMESH PTY LTD 
 EUROPASAT FRANCE 
 SAT2WAY 
===================================  ============================ 
 

Simon Clifton (aged 54) - Chief Technology Officer

 
 CURRENT DIRECTORSHIPS/PARTNERSHIPS   DIRECTOR/PARTNER IN THE 
                                       LAST 5 YEARS 
===================================  ======================== 
 SATELLITE SOLUTIONS WORLDWIDE 
  LIMITED 
  SATELLITE SOLUTIONS WORLDWIDE 
  GROUP PLC 
===================================  ======================== 
 

Paul Howard (aged 47) - Non-executive Director

 
 CURRENT DIRECTORSHIPS/PARTNERSHIPS   DIRECTOR/PARTNER IN THE 
                                       LAST 5 YEARS 
===================================  ======================== 
 SATELLITE SOLUTIONS WORLDWIDE        TIMICO TECHNOLOGY GROUP 
  GROUP PLC                            LIMITED 
 FELTONFLEET SCHOOL TRUST 
  LIMITED 
===================================  ======================== 
 

Rodger Sargent (aged 45) - Non-executive Director

 
 CURRENT DIRECTORSHIPS/PARTNERSHIPS   DIRECTOR/PARTNER IN THE 
                                       LAST 5 YEARS 
===================================  ============================ 
 DERRISTON CAPITAL PLC                AUDIOBOOM LIMITED 
 SATELLITE SOLUTIONS WORLDWIDE        AUDIOBOOM GROUP 
  GROUP PLC 
 SONR BRAND LIMITED                   BE HEARD GROUP PLC 
 SONR CAPITAL LIMITED                 BLACKBOTTLE LIMITED 
 SONR IP LIMITED                      CONTENTMENT LIMITED 
 SONR MEDIA LIMITED                   GREENHOUSE ADVISOR LIMITED 
                                       NANOTETHER DISCOVERY 
                                       SCIENCE LIMITED 
 SONR NEWS LIMITED                    TOUCHLIGHT GENETICS LIMITED 
 SONR NEWS INC 
===================================  ============================ 
 

At the date of this Announcement, save as set out below, there are no further disclosures required under paragraph (g), Schedule Two of the AIM Rules for Companies:

a) Andrew Walwyn was a director of O T Computers Ltd and Tiny Computers Limited (which traded under the name of Tiny Computers), which was placed into administration on 29 January 2002 with an estimated deficiency to creditors of at least GBP36.6 million. On 30 January 2002 the business and certain assets were sold to Time Group Ltd. The company was subsequently placed into a creditors' voluntary liquidation. Mr Walwyn was a director of 010 Plus Ltd, 010 Plus EBT Limited, Flat Deal LTD, Pentagon Euro TV Limited and The Flat TV Company LTD (which were part of a group trading under the name of The Flat TV Company), which was placed into a creditors voluntary liquidation on 14 November 2008 with a finally determined deficiency to creditors of GBP410,127.

b) Michel Tobin entered in to an individual voluntary arrangement in 2001 which was subsequently discharged in full by 2006. Team Rock Limited was placed into administration on 19 December 2016 as a result of cash constraints in the business. Options are being explored by the administrators including the sale of the company's assets.

c) Rodger Sargent was a director of Contentment Limited which was placed into creditor's voluntary liquidation and winding up commenced on 27 July 2016. Rodger was appointed on 25 September 2015 and resigned on 27 July 2016.

For further information:

 
 Satellite Solutions Worldwide    www.satellitesolutionsworldwide.com 
  Group PLC 
 Andrew Walwyn, Chief Executive   Via Walbrook PR 
  Officer 
 
 Numis Securities (Nomad          Tel: [phone] 
  and broker)                      1000 
  Jamie Lillywhite / Simon 
  Willis (Corporate Advisory) 
  James Black / Jonathan Abbott 
  (Corporate Broking) 
 
 Walbrook PR (PR advisers)        Tel: [phone] 
                                   8780 
 Paul Cornelius / Nick Rome       or [e-mail] 
 

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.

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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December 21, 2016 02:01 ET (07:01 GMT)