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SAT Sat Sol World

8.60
0.00 (0.00%)
18 Mar 2024 - Closed
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 Holding(s) in Company (5053I)

19/06/2017 3:06pm

UK Regulatory


TIDMSAT

RNS Number : 5053I

Satellite Solutions Wldwide Grp PLC

19 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                      SATELLITE SOLUTIONS WORLDWIDE 
  the underlying issuer                                                       GROUP PLC 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  --------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
-------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                       X 
------------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------------  ------------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
---------------------------------------------------------  -------  ------------------------------ 
 3. Full name of person(s)                                    Candy Ventures Sarl 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                   15 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                      16 June 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                  3, 4, 5, 6, 7, 8, 9 and 10 
  crossed or                                                   per cent 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous          Resulting situation after the 
  of              to the triggering           triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------  -------------------------------------------------------- 
                 Number        Number        Number        Number of              % of voting 
                  of            of            of shares     voting                 rights (x) 
                  Shares        Voting                      rights 
                                Rights 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
                                             Direct        Direct   Indirect      Direct    Indirect 
                                                           (xi)      (xii) 
--------------  ------------  ------------  ------------  -------  ------------  --------  --------- 
 Ordinary 
  Shares         54,095,852    54,095,852    Nil           Nil      -             zero      - 
                ------------  ------------  ------------  -------  ------------  --------  --------- 
 ISIN Code: 
  GB00BT6SRD21 
--------------  ------------  ------------  ------------  -------  ------------  --------  --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Expiration    Exercise/                   Number of voting       % of voting 
  financial       date          Conversion                  rights that            rights 
  instrument      (xiii)        Period (xiv)                may be 
                                                            acquired if 
                                                            the 
                                                            instrument 
                                                            is 
                                                            exercised/ 
                                                            converted. 
--------------  ------------  --------------------------  ---------------------  ------------------- 
 N/A 
--------------  ------------  --------------------------  ---------------------  ------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Exercise      Expiration    Exercise/     Number of voting       % of voting 
  financial       price        date          Conversion     rights instrument      rights (xix, 
  instrument                   (xvii)        period         refers to              xx) 
                                             (xviii) 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
 N/A                                                                              Nominal   Delta 
--------------  ------------  ------------  ------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                     Percentage of voting rights 
------------------------------------------  -------------------------------------------------------- 
 zero                                        Nil 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------------------------------------------------- 
 10. Name of the proxy holder:                            N/A 
-------------------------------------------------------  ------------------ 
 11. Number of voting rights proxy                        N/A 
  holder will cease to hold: 
-------------------------------------------------------  ------------------ 
 12. Date on which proxy holder will                      N/A 
  cease to hold voting rights: 
-------------------------------------------------------  ------------------ 
 
 
  13. Additional information: 
-------------------------------------------------------  ------------------ 
 14. Contact name:                                        Steven Smith 
-------------------------------------------------------  ------------------ 
 15. Contact telephone number:                            +352 284 878 2012 
-------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLFLMITMBMBBJR

(END) Dow Jones Newswires

June 19, 2017 10:06 ET (14:06 GMT)

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