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Director/PDMR Shareholding

30 Sep 2015 07:00

RNS Number : 6246A
Satellite Solutions Wldwide Grp PLC
30 September 2015
 

 

 

Satellite Solutions Worldwide Group plc

("SSW" or the "Company")

 

Director Dealings

 

The Company was informed yesterday that Michael Tobin, Non-executive Chairman of the Company, yesterday acquired 580,000 ordinary shares in SSW at an average price of 4.2 pence per share.

 

The Company was informed yesterday that Paul Howard, Non-executive Director of the Company, yesterday acquired 500,000 ordinary shares in SSW at an average price of 4.25 pence per share.

 

Following this transaction, Mr Tobin's and Mr Howard's notifiable interests stand at 580,000 and 500,000 ordinary shares, respectively, representing approximately 0.2 per cent. and 0.2 per cent., respectively, 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 Cornelius / Nick Rome

or ssw@walbrookpr.com

 

 

About SSW

 

SSW's brand Europasat (www.europasat.com), is Europe's largest independent satellite broadband internet service provider, offering services to consumer and business users across Europe. With a track record of strong organic growth in its subscriber base and recurring revenues, the directors of the SSW believe there is a major opportunity to consolidate SSW's 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 22 Mbps (rising to 30 Mbps later this summer) satellite based broadband services to almost any premises, whether residential, commercial or industrial across Europe, irrespective of location or local infrastructure.

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