Last checked at 21 Dec 2016 07:01
Satellite Solutions Worldwide Group plc
Regulatory Disclosure of Directors' Appointments
Pursuant to AIM Rule 17 and Schedule 2 Annex III of the AIM Rules, Satellite Solutions Worldwide Group plc provides the following disclosure relating to its directors which updates disclosures made in the Admission Document and the Company's announcement of 29 September 2015.
Michael Tobin (aged 52) - Non-executive Chairman
CURRENT DIRECTORSHIPS/PARTNERSHIPS | DIRECTOR/PARTNER IN THE LAST 5 YEARS |
BASEFARM AB (NOR) | ACADEMICA OY |
BREIBAND NO. A.S. | BLUE WHITE IT OY |
CC35 MANAGEMENT COMPANY LTD | CENTRAL DATA CENTRES LIMITED |
CHAYORA LTD (HK) | DATA ELECTRONICS GROUP LIMITED |
DATAHUB FINLAND (FIN) | DATA ELECTRONICS SERVICES LIMITED (NOW CALLED TELECITYGROUP IRELAND LIMITED) |
DATAPIPE INC (USA) | GLOBIX HOLDINGS (UK) LIMITED |
EURODIESEL SA (BEL) | GLOBIX LIMITED |
EUROPASAT (IRELAND) LTD | GLX LEASING LIMITED |
EUROPASAT FRANCE | IGUA NETWORKS OY. |
EUROPASAT SP. Z.O.O. | INTERNET FACILITATORS HOLDINGS LIMITED |
IXCELLERATE LIMITED | INTERNET FACILITATORS LIMITED |
PULSANT GROUP LIMITED | ITCONIC SA |
SAT2WAY | NEWINCCO 992 LIMITED |
SATELLITE SOLUTIONS WORLDWIDE GROUP PLC | PACNET |
SKYMESH PTY LTD | PEOPLE PER HOUR LTD |
SPRINGLUX SA (LUX) | PROPOINT OY |
TEAM ROCK LIMITED(b) | SADECEHOSTING (LEGAL NAME: HOSTING İNTERNET HIZMETLERI SANAYI VE TICARET ANONIM ŞIRKETI) |
TERACO DATA ENVIRONMENTS (SA) | SOLO TURKEY (LEGAL NAME: SOLO TURKEY İNTERNET HIZMETLERI ANONIM ŞIRKETI |
TOBIN VENTURES LIMITED | TELECITY GROUP LIMITED |
ULTRAHAPTICS HOLDINGS LTD | TELECITY LIMITED |
| TELECITY UK LIMITED |
| TELECITYGROUP BULGARIA EAD |
| TELECITYGROUP FINLAND OY |
| TELECITYGROUP GMBH |
| TELECITYGROUP HOLDINGS LIMITED |
| TELECITYGROUP INTERNATIONAL LIMITED |
| TELECITYGROUP INVESTMENTS LIMITED |
| TELECITYGROUP IRELAND LIMITED (NOW CALLED TELECITY (IRELAND) LIMITED |
| TELECITYGROUP ITALIA SPA |
| TELECITYGROUP ITALIA SRL. |
| TELECITYGROUP NETHERLANDS BV |
| TELECITYGROUP POLAND SP. Z O.O. |
| TELECITYGROUP SCANDINAVIA AB |
| TELECITYGROUP SPAIN SA |
| TELECITYGROUP UK LIMITED |
| THE SHARPE'S CHILDREN FOUNDATION |
| THE UK GRID NETWORK LIMITED |
| UK GRID GROUP LIMITED |
| ULTRAHAPTICS LIMITED |
Andrew Walwyn (aged 48) - Chief Executive Officer
CURRENT DIRECTORSHIPS/PARTNERSHIPS | DIRECTOR/PARTNER IN THE LAST 5 YEARS |
AVONLINE SATELLITE SERVICES HOLDINGS LIMITED | OVERLAND ADVENTURE LIMITED |
AVONLINE SATELLITE SERVICES LIMITED | TOOWAY DIRECT LIMITED |
OPUS TECHNOLOGY LIMITED |
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OVERLAND LIMITED |
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SATELLITE SOLUTIONS WORLDWIDE GROUP PLC |
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SATELLITE SOLUTIONS WORLDWIDE LIMITED |
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Frank Waters (aged 51) - Chief Financial Officer
CURRENT DIRECTORSHIPS/PARTNERSHIPS | DIRECTOR/PARTNER IN THE LAST 5 YEARS |
AVONLINE SATELLITE SERVICES HOLDINGS LIMITED | ENVIRONMENTAL MOBILE CONTROL LIMITED |
AVONLINE SATELLITE SERVICES LIMITED | POUNDSTORE PLUS LIMITED |
MAGA LLP | REDEEM (EBT) LIMITED |
MEARNS CASTLE GOLF ACADEMY LIMITED | REDEEM ACQUISITIONS LIMITED |
SATELLITE SOLUTIONS WORLDWIDE GROUP PLC | REDEEM HOLDINGS LIMITED |
SATELLITE SOLUTIONS WORLDWIDE LIMITED | REDEEM LIMITED |
EUROPASAT (IRELAND) LTD |
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EUROPASAT SP. Z.O.O. |
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BREIBAND NO. A.S. |
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SKYMESH PTY LTD |
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EUROPASAT FRANCE |
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SAT2WAY |
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Simon Clifton (aged 54) - Chief Technology Officer
CURRENT DIRECTORSHIPS/PARTNERSHIPS | DIRECTOR/PARTNER IN THE LAST 5 YEARS |
SATELLITE SOLUTIONS WORLDWIDE LIMITED SATELLITE SOLUTIONS WORLDWIDE GROUP PLC |
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Paul Howard (aged 47) - Non-executive Director
CURRENT DIRECTORSHIPS/PARTNERSHIPS | DIRECTOR/PARTNER IN THE LAST 5 YEARS |
SATELLITE SOLUTIONS WORLDWIDE GROUP PLC | TIMICO TECHNOLOGY GROUP LIMITED |
FELTONFLEET SCHOOL TRUST LIMITED |
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Rodger Sargent (aged 45) - Non-executive Director
CURRENT DIRECTORSHIPS/PARTNERSHIPS | DIRECTOR/PARTNER IN THE LAST 5 YEARS |
DERRISTON CAPITAL PLC | AUDIOBOOM LIMITED |
SATELLITE SOLUTIONS WORLDWIDE GROUP PLC | AUDIOBOOM GROUP |
SONR BRAND LIMITED | BE HEARD GROUP PLC |
SONR CAPITAL LIMITED | BLACKBOTTLE LIMITED |
SONR IP LIMITED | CONTENTMENT LIMITED |
SONR MEDIA LIMITED | GREENHOUSE ADVISOR LIMITED NANOTETHER DISCOVERY SCIENCE LIMITED |
SONR NEWS LIMITED | TOUCHLIGHT GENETICS LIMITED |
SONR NEWS INC |
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At the date of this Announcement, save as set out below, there are no further disclosures required under paragraph (g), Schedule Two of the AIM Rules for Companies:
a) Andrew Walwyn was a director of O T Computers Ltd and Tiny Computers Limited (which traded under the name of Tiny Computers), which was placed into administration on 29 January 2002 with an estimated deficiency to creditors of at least £36.6 million. On 30 January 2002 the business and certain assets were sold to Time Group Ltd. The company was subsequently placed into a creditors' voluntary liquidation. Mr Walwyn was a director of 010 Plus Ltd, 010 Plus EBT Limited, Flat Deal LTD, Pentagon Euro TV Limited and The Flat TV Company LTD (which were part of a group trading under the name of The Flat TV Company), which was placed into a creditors voluntary liquidation on 14 November 2008 with a finally determined deficiency to creditors of £410,127.
b) Michel Tobin entered in to an individual voluntary arrangement in 2001 which was subsequently discharged in full by 2006. Team Rock Limited was placed into administration on 19 December 2016 as a result of cash constraints in the business. Options are being explored by the administrators including the sale of the company's assets.
c) Rodger Sargent was a director of Contentment Limited which was placed into creditor's voluntary liquidation and winding up commenced on 27 July 2016. Rodger was appointed on 25 September 2015 and resigned on 27 July 2016.
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 |
About SSW
Established in 2008, SSW specialises in the provision of rural and last mile broadband services with customers across 32 countries. SSW's solutions target B2C and B2B users, and the Company has products developed specifically for the broadcasting, Police and Military markets. SSW operates a number of brands such as Europasat (Europe), Breiband (Nordics) and SkyMesh (Australia) and is now the fourth largest independent provider of satellite broadband internet services in the world.
Last year's listing on the London Stock Exchange together with the support from Business Growth Fund and the investor community this year have put the Company in an excellent position to continue strong organic growth in its subscriber base and recurring revenues as well as execute on its preferred acquisition partners. The Directors of SSW believe there is a major opportunity to continue this organic growth and as appropriate consider acquisitions throughout the fragmented European satellite broadband market and further afield.
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 or fixed wireless to almost any premises, whether residential, commercial or industrial across Europe and Australia, irrespective of location or local infrastructure.