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Director/PDMR Shareholding

26 Apr 2018 14:45

RNS Number : 2795M
Satellite Solutions Wldwide Grp PLC
26 April 2018
 

Satellite Solutions Worldwide Group plc

("SSW" or the "Company")

 

Director/PDMR Shareholding

 

The Company has today been notified of the following transactions by Company directors.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Andrew Walwyn

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Satellite Solutions Worldwide Group plc

b)

 

LEI

 

 

2138008P6X5EX455KU41

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 each

Identification code

ISIN: GB00BT6SRD21

b)

 

Nature of the transaction

 

 

Sale of ordinary shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.085

5,000,000

d)

 

Aggregated information

- Aggregated volume

5,000,000 ordinary shares

- Price

£425,000

e)

 

Date of the transaction

 

 

26 April 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Simon Clifton

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Technical Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Satellite Solutions Worldwide Group plc

b)

 

LEI

 

 

2138008P6X5EX455KU41

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

 

a)

 

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 each

Identification code

ISIN: GB00BT6SRD21

b)

 

Nature of the transaction

 

 

Sale of ordinary shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.085

6,000,000

d)

 

Aggregated information

- Aggregated volume

6,000,000 ordinary shares

- Price

£510,000

e)

 

Date of the transaction

26 April 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

Contacts:

Satellite Solutions Worldwide Group PLC

www.satellitesolutionsworldwide.com

Andrew Walwyn, Chief Executive Officer

Via Walbrook PR

Numis Securities (Nomad and broker)

Oliver Hardy (Corporate Advisory)

James Black / Jonathan Abbott (Corporate Broking)

Tel: +44 (0)20 7260 1000

Walbrook PR (PR advisers)

Tel: +44 (0)20 7933 8780

Paul Cornelius / Nick Rome/ Sam Allen

or ssw@walbrookpr.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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