Satellite Solutions Wldwide Grp PLC Director/PDMR Shareholding (7471C)

TIDMSAT

RNS Number : 7471C

Satellite Solutions Wldwide Grp PLC

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           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 Cornelius / Nick                       or ssw@walbrookpr.com 
  Rome

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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October 20, 2015 02:00 ET (06:00 GMT)

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