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1 Sep 2015 09:00
1 September 2015
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Director Dealing
The Company was informed on 28 August 2015 that Rodger Sargent, Non-executive Chairman has acquired 1,500,000 ordinary shares in SSW at an average price of 4.15 pence per share.
Following this transaction, Mr Sargent's notifiable interest stands at 8,748,421 ordinary shares representing 2.8 per cent. of the Company's issued ordinary share capital.
Enquiries:
Satellite Solutions Worldwide Group PLC | www.satellitesolutionsworldwide.com |
Andrew Walwyn, Chief Executive Officer | Via Walbrook PR |
Strand Hanson (Financial & 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 8790 |
Paul McManus / Paul Cornelius | or ssw@walbrookpr.com |
About SSW
Established in 2008, SSW offers a broad range of satellite broadband services with customers across 31 countries. With solutions targeting B2C and B2B users, and with products developed specifically for the broadcasting/SNG, Police and Military markets, SSW's brand Europasat is a leading independent provider of satellite broadband internet services across Europe.
Listing on the London Stock Exchange as Satellite Solutions Worldwide Group plc (AIM:SAT) on 12 May 2015, and with a track record of strong organic growth in its subscriber base and recurring revenues, the directors of SSW believe there is a major opportunity to consolidate the businesses organic growth with acquisitions throughout the fragmented European satellite broadband market.
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 to almost any premises, whether residential, commercial or industrial across Europe, irrespective of location or local infrastructure.
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