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22 Dec 2016 07:00
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Director Dealing
Satellite Solutions Worldwide Group plc (AIM: SAT), the global communications company specialising in rural and last-mile broadband, was informed yesterday that Simon Clifton, Chief Technical Officer of the Company yesterday acquired 2,500,000 ordinary shares in the Company at a price of 7.7 pence per share at a total cost of £192,500.
Following the transaction Mr Clifton's notifiable interest in the Company stands at 33,848,450 ordinary shares representing 6.3% of the Company's issued ordinary share capital.
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 |
DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name: | Mr Simon Clifton |
2. | Reason for the notification |
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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 |
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a) | Name: | Satellite Solutions Worldwide Group plc |
b) | LEI: | N/A |
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 |
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a) | Description of the financial instrument, type of instrument Identification Code | Ordinary Shares of £0.01 each
ISIN: GB00BT6SRD21 |
b) | Nature of the transaction | Acquisition of Ordinary Shares |
c) | Price(s) and volume | 2,500,000 options to acquire shares at 7.7p per share |
d) | Aggregated information | 2,500,000 options to acquire shares at 7.7p per share |
e) | Date of the transaction | 21 December 2016 |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
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