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Director/PDMR Shareholding

20 Oct 2015 07:00

RNS Number : 7471C
Satellite Solutions Wldwide Grp PLC
20 October 2015
 

 

20 October 2015

 

Satellite Solutions Worldwide Group plc

("SSW" or the "Company")

 

Director Dealing

 

The Company was informed yesterday that Paul Howard, Non-Executive Director, has acquired 1,050,000 ordinary shares in SSW at a price of 3.95 pence per share.

 

Following this transaction, Mr Howard's notifiable interest stands at 1,550,000 ordinary shares, representing approximately 0.5 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 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
 
END
 
 
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