Last checked at 3 Apr 2017 07:00
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Publication of Annual Report and Accounts and Notice of Annual General Meeting 2017
Satellite Solutions Worldwide Group plc (AIM:SAT), the global communications company specialising in last mile broadband, announces that its Annual Report and Accounts for the financial year ended 30 November 2016, the Notice of its Annual General Meeting ("AGM") and a Form of Proxy have been posted to shareholders.
The AGM will be held on Thursday 27th April 2017 at 2.00pm at the offices of Shepherd and Wedderburn LLP, Condor House, 10 St. Paul's Churchyard, London, EC4M 8AL.
A copy of the Annual Report and Accounts and the notice of AGM will also be available on the Company's website at: www.satellitesolutionsworldwide.com
For further information:
Satellite Solutions Worldwide Group PLC | www.satellitesolutionsworldwide.com |
Andrew Walwyn, Chief Executive Officer | Via Walbrook PR |
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Numis Securities (Nomad and broker) Jamie Lillywhite / Simon Willis (Corporate Advisory) James Black / Jonathan Abbott (Corporate Broking) | Tel: +44 (0)20 7260 1000 |
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Walbrook PR (PR advisers) | Tel: +44 (0)20 7933 8780 |
Paul Cornelius / Nick Rome | or ssw@walbrookpr.com |
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.
The 2015 listing on the London Stock Exchange together with the support from Business Growth Fund and investors in 2016 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 preferred acquisitions. The Directors 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.