Satellite Solutions Wldwide Grp PLC Director/PDMR Shareholding (5504S)
December 22 2016 - 1:00AM
UK Regulatory
TIDMSAT
RNS Number : 5504S
Satellite Solutions Wldwide Grp PLC
22 December 2016
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Director Dealing
Satellite Solutions Worldwide Group plc (AIM: SAT), the global
communications company specialising in rural and last-mile
broadband, was informed yesterday that Simon Clifton, Chief
Technical Officer of the Company yesterday acquired 2,500,000
ordinary shares in the Company at a price of 7.7 pence per share at
a total cost of GBP192,500.
Following the transaction Mr Clifton's notifiable interest in
the Company stands at 33,848,450 ordinary shares representing 6.3%
of the Company's issued ordinary share capital.
For further information:
Satellite Solutions Worldwide Group www.satellitesolutionsworldwide.com
PLC
Andrew Walwyn, Chief Executive Officer Via Walbrook PR
Numis Securities (Nomad and broker) Tel: +44 (0)20 7260 1000
Jamie Lillywhite / Simon Willis
(Corporate Advisory)
James Black / Jonathan Abbott (Corporate
Broking)
Walbrook PR (PR advisers) Tel: +44 (0)20 7933 8780
Paul Cornelius / Nick Rome or ssw@walbrookpr.com
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person
closely associated
--- -------------------------------------------------------------------------
a) Name: Mr Simon Clifton
--- ----------------------------------------- ------------------------------
2. Reason for the notification
--- ----------------------------------------- ------------------------------
a) Position/status: Chief Technical Officer
--- ----------------------------------------- ------------------------------
b) Initial notification/Amendment: Initial Notification
--- ----------------------------------------- ------------------------------
3. Details of the issuer, emission
allowance market participant, auction
platform, auctioneer or auction
monitor
--- ----------------------------------------- ------------------------------
a) Name: Satellite Solutions Worldwide
Group plc
--- ----------------------------------------- ------------------------------
b) LEI: N/A
--- ----------------------------------------- ------------------------------
4. Details of the transaction(s):
section to be repeated for (i)
each type of instrument; (ii) each
type of transaction; (iii) each
date; and (iv) each place where
transactions have been conducted
--- ----------------------------------------- ------------------------------
a) Description of the financial instrument, Ordinary Shares of GBP0.01
type of instrument each
Identification Code
ISIN: GB00BT6SRD21
--- ----------------------------------------- ------------------------------
b) Nature of the transaction Acquisition of Ordinary
Shares
--- ----------------------------------------- ------------------------------
c) Price(s) and volume 2,500,000 options to acquire
shares at 7.7p per share
--- ----------------------------------------- ------------------------------
d) Aggregated information 2,500,000 options to acquire
shares at 7.7p per share
--- ----------------------------------------- ------------------------------
e) Date of the transaction 21 December 2016
--- ----------------------------------------- ------------------------------
f) Place of the transaction London Stock Exchange,
AIM Market (XLON)
--- ----------------------------------------- ------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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