CLEE Cleeve Cap

TIDMSAT

RNS Number : 6468X

Satellite Solutions Wldwide Grp PLC

01 September 2015

1 September 2015

Satellite Solutions Worldwide Group plc

("SSW" or the "Company")

Director Dealing

The Company was informed on 28 August 2015 that Rodger Sargent, Non-executive Chairman has acquired 1,500,000 ordinary shares in SSW at an average price of 4.15 pence per share.

Following this transaction, Mr Sargent's notifiable interest stands at 8,748,421 ordinary shares representing 2.8 per cent. of the Company's issued ordinary share capital.

Enquiries:

 
 Satellite Solutions           www.satellitesolutionsworldwide.com 
  Worldwide Group PLC 
 Andrew Walwyn, Chief                              Via Walbrook PR 
  Executive Officer 
 
 Strand Hanson (Financial                      Tel: +44 (0)20 7409 
  & Nominated Adviser)                                        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 McManus / Paul                         or ssw@walbrookpr.com 
  Cornelius 
 

About SSW

Established in 2008, SSW offers a broad range of satellite broadband services with customers across 31 countries. With solutions targeting B2C and B2B users, and with products developed specifically for the broadcasting/SNG, Police and Military markets, SSW's brand Europasat is a leading independent provider of satellite broadband internet services across Europe.

Listing on the London Stock Exchange as Satellite Solutions Worldwide Group plc (AIM:SAT) on 12 May 2015, and with a track record of strong organic growth in its subscriber base and recurring revenues, the directors of SSW believe there is a major opportunity to consolidate the businesses 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 30 Mbps 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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September 01, 2015 04:00 ET (08:00 GMT)

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