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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 |
TIDMSAT TIDMOIG
RNS Number : 3182O
Satellite Solutions Wldwide Grp PLC
17 August 2017
Hot Features
Premium
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant
issuer and to the FCA in Microsoft Word format if possible)(i)
--------------------------------------------------------------------------------------------------
1a. Identity of the issuer SATELLITE SOLUTIONS WORLDWIDE
or the underlying issuer GROUP PLC
of existing shares to which
voting rights are attached(ii)
:
---------------------------------------- --------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer
(please mark with an "X" if appropriate)
--------------------------------------------------------------------------------------------------
Non-UK issuer
----------------------------------------------------------------------------------- -------------
2. Reason for the notification (please mark the appropriate
box or boxes with an "X")
--------------------------------------------------------------------------------------------------
An acquisition or disposal of voting rights YES
----------------------------------------------------------------------------------- -------------
An acquisition or disposal of financial instruments
----------------------------------------------------------------------------------- -------------
An event changing the breakdown of voting rights
----------------------------------------------------------------------------------- -------------
Other (please specify)(iii) :
----------------------------------------------------------------------------------- -------------
3. Details of person subject to the notification obligation(iv)
Name Harwood Capital LLP (as investment
adviser/manager) and 1.Oryx
International Growth Fund
Limited and 2. Harwood Capital
LLP
City and country of registered 1. Guernsey
office (if applicable) 2. London, United Kingdom
4. Full name of shareholder(s) (if different from 3.)(v)
--------------------------------------------------------------------------------------------------
Name 1. Oryx International Growth
Fund Limited
2. Harwood Capital LLP
---------------------------------------- --------------------------------------------------------
City and country of registered As above
office (if applicable)
---------------------------------------- --------------------------------------------------------
5. Date on which the threshold 17 August 2017
was crossed or reached(vi)
:
---------------------------------------- --------------------------------------------------------
6. Date on which issuer notified 17 August 2017
(DD/MM/YYYY):
---------------------------------------- --------------------------------------------------------
7. Total positions of person(s) subject to the notification
obligation
--------------------------------------------------------------------------------------------------
% of voting % of voting Total of Total number
rights attached rights through both in % of voting
to shares financial (8.A + 8.B) rights of
(total of instruments issuer(vii)
8. A) (total of
8.B 1 + 8.B
2)
------------------ -------------------- ---------------- ----------------------- -------------
Resulting
situation
on the date
on which
threshold
was crossed
or reached 1. 100,710,000 1.14.75% 101,460,000
2. 750,000 2. 0.11%
------------------ -------------------- ---------------- ----------------------- -------------
Position 1. 54,210,000 1. 10.06%
of previous
notification
(if
applicable) 2. 750,000 2. 0.14%
------------------ -------------------- ---------------- ----------------------- -------------
8. Notified details of the resulting situation on the
date on which the threshold was crossed or reached(viii)
--------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares
--------------------------------------------------------------------------------------------------------------
Class/type Number of voting rights(ix) % of voting rights
of
shares
ISIN code
(if possible)
----------------------
Direct Indirect Direct Indirect
(Art 9 of (Art 10 of (Art 9 of (Art 10 of
Directive Directive Directive Directive
2004/109/EC) 2004/109/EC) 2004/109/EC) 2004/109/EC)
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
--------------------- --------------------- -------------- ------------------------------ ---------------
GB00BT6SRD21 101,710,000 14.75%
1. 750,000 0.11%
2.
---------------------- --------------------- -------------- ------------------------------ ---------------
SUBTOTAL
8. A 101,460,000 14.86%
---------------------- ------------------------------------- -----------------------------------------------
B 1: Financial Instruments according to Art. 13(1)(a)
of Directive 2004/109/EC (DTR5.3.1.1 (a))
--------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date(x) Conversion rights that rights
Period(xi) may be acquired
if the instrument
is
exercised/converted.
---------------------- --------------------- -------------- ------------------------------ ---------------
SUBTOTAL 8.
B 1
-------------- ------------------------------ ---------------
B 2: Financial Instruments with similar economic effect
according to Art. 13(1)(b) of Directive 2004/109/EC
(DTR5.3.1.1 (b))
--------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Physical Number % of voting
financial date(x) Conversion or cash of voting rights
instrument Period settlement(xii) rights
(xi)
--------------------- ---------------------- -------------- ----------------- ----------- ---------------
SUBTOTAL
8.B.2
----------------- ----------- ---------------
9. Information in relation to the person subject to
the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is
not controlled by any natural person or legal entity
and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying)
issuer(xiii)
Full chain of controlled undertakings through which x
the voting rights and/or the
financial instruments are effectively held starting
with the ultimate controlling natural person or
legal entity(xiv) (please add additional rows as
necessary)
--------------------------------------------------------------- ---------------------
Name(xv) % of voting % of voting Total of both
rights if it rights through if it equals
equals or is financial instruments or is higher
higher than if it equals than the notifiable
the notifiable or is higher threshold
threshold than the notifiable
threshold
-------------------- ---------------- ----------------------- ---------------------
Christopher
Harwood Bernard
Mills 14.75 0 14.75
-------------------- ---------------- ----------------------- --------------------- Harwood Capital Management Ltd -------------------- ---------------- ----------------------- --------------------- Harwood Capital LLP -------------------- ---------------- ----------------------- --------------------- Oryx International Growth Fund Ltd -------------------- ---------------- ----------------------- --------------------- Christopher Harwood Bernard Mills 0.11 0 0.11 -------------------- ---------------- ----------------------- --------------------- Harwood Capital Management Ltd -------------------- ---------------- ----------------------- --------------------- Harwood Capital LLP -------------------- ---------------- ----------------------- --------------------- 10. In case of proxy voting, please identify: -------------------------------------------------------------------------------------- Name of the proxy holder -------------------------------------- ---------------------------------------------- The number and % of voting rights held -------------------------------------- ---------------------------------------------- The date until which the voting rights will be held -------------------------------------- ---------------------------------------------- 11. Additional information(xvi) -------------------------------------------------------------------------------------- Place of completion London -------------------- --------------- Date of completion 17 August 2017 -------------------- ---------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLPRMJTMBMBBIR
(END) Dow Jones Newswires
August 17, 2017 09:08 ET (13:08 GMT)
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