CLEE Cleeve Cap

TIDMSAT

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    www.satellitesolutionsworldwide.com 
  PLC 
 Andrew Walwyn, Chief Executive                             Via Walbrook PR 
  Officer 
 
 Strand Hanson (Financial & Nominated              Tel: +44 (0)20 7409 3494 
  Adviser) 
 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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September 30, 2015 02:03 ET (06:03 GMT)

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