Satellite Solutions Wldwide Grp PLC Directorate Change (4611W)
February 10 2017 - 1:00AM
UK Regulatory
TIDMSAT
RNS Number : 4611W
Satellite Solutions Wldwide Grp PLC
10 February 2017
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Directorate Change
Satellite Solutions Worldwide Group plc (AIM: SAT), the global
communications company specialising in rural and last mile
broadband, announces the appointment of Stephen Morana as a
Non-Executive Director of the Company with immediate effect.
Stephen has a wealth of technology, financial and equity capital
markets experience. Until recently, Stephen was CFO of Zoopla
Property Group plc, the FTSE250 digital media group, which also
owns the uSwitch business. Before that he spent a decade at Betfair
plc during which time he acted as CFO and interim CEO. He was part
of the management team that grew the business from an early stage
start-up to a multi-billion-pound listed business, which ultimately
merged with Paddy Power to create one of the world's largest public
online betting and gaming companies.
Stephen is currently on the board of Boohoo.com plc the fast
fashion global success story that is now one of AIM's largest
businesses, and GVC plc the European gaming business which operates
brands such as Bwin and Partypoker.
At the same time Rodger Sargent will resign his position as a
Non-Executive Director with immediate effect having helped the
Company's transition from a private to public entity and been an
integral part of the team that has successfully grown the business
to date.
Andrew Walwyn CEO at SSW said: "We are delighted to have someone
of Stephen's calibre join the Board. His experience of high growth
companies and knowledge base within the equity markets will be
invaluable as the business continues to grow rapidly both
organically and through select acquisitions. We have executed
several deals and grown rapidly since joining the market in 2015
and look forward to having Stephen on board as we further
demonstrate our ability to dominate the sector. We would also like
to thank Rodger who was instrumental in helping the Company list on
AIM and remains a strong supporter of the Company."
Additional Information
Other than as set out below there is no further information to
be disclosed under Schedule 2(g) and Rule 17 of the AIM Rules in
respect of Stephen's appointment today as Director of the
Company.
Disclosures for Stephen Gavin Morana (aged 45):
Current shareholding in the Company: 2,120,000 shares
Current directorships/partnerships Previous directorships/partnerships
in the last 5 years
---------------------------------- -----------------------------------
Boohoo.com plc ASSERTA HOME LIMITED
---------------------------------- -----------------------------------
GVC plc BETFAIR GENERAL BETTING
LIMITED
---------------------------------- -----------------------------------
LAMPADA CONSULTANTS BETFAIR GROUP LIMITED
LIMITED
---------------------------------- -----------------------------------
BETFAIR LIMITED
---------------------------------- -----------------------------------
BYTEPLAY LIMITED
---------------------------------- -----------------------------------
FEATURESPACE LIMITED
---------------------------------- -----------------------------------
INSIGHTMARKET LIMITED
---------------------------------- -----------------------------------
INTERNET PROPERTY FINDER
LIMITED
---------------------------------- -----------------------------------
LABWORKS LTD
---------------------------------- -----------------------------------
PROPERTYFINDER GROUP LIMITED
---------------------------------- -----------------------------------
PROPERTYFINDER HOLDINGS
LIMITED
---------------------------------- -----------------------------------
PROPERTYFINDER PUBLICATIONS
LIMITED
---------------------------------- -----------------------------------
PROPERTYFINDER.CO.UK LIMITED
---------------------------------- -----------------------------------
SHERLOCK PUBLICATIONS LTD.
---------------------------------- -----------------------------------
SMART FINANCIAL SERVICES
LIMITED
---------------------------------- -----------------------------------
SMART PROPERTY MARKETING
LIMITED
---------------------------------- -----------------------------------
SMARTNEWHOMES LIMITED
---------------------------------- -----------------------------------
THE DIGITAL PROPERTY GROUP
LIMITED
---------------------------------- -----------------------------------
THE SPORTING EXCHANGE (CLIENTS)
LIMITED
---------------------------------- -----------------------------------
THE SPORTING EXCHANGE LIMITED
---------------------------------- -----------------------------------
TRINITY MIRROR DIGITAL PROPERTY
LIMITED
---------------------------------- -----------------------------------
TSE (INTERNATIONAL) LIMITED
---------------------------------- -----------------------------------
TSE DEVELOPMENT LIMITED
---------------------------------- -----------------------------------
TSE GLOBAL LIMITED
---------------------------------- -----------------------------------
TSE HOLDINGS LIMITED
---------------------------------- -----------------------------------
UK PROPERTY SHOP LIMITED
---------------------------------- -----------------------------------
ULYSSES ENTERPRISES LIMITED
---------------------------------- -----------------------------------
VIZZIHOME LIMITED
---------------------------------- -----------------------------------
WINSLOW ONE LIMITED
---------------------------------- -----------------------------------
WINSLOW TWO
---------------------------------- -----------------------------------
ZOOPLA LIMITED
---------------------------------- -----------------------------------
ZPG PLC
---------------------------------- -----------------------------------
For further information:
Satellite Solutions Worldwide www.satellitesolutionsworldwide.com
Group PLC
Andrew Walwyn, Chief Executive Via Walbrook PR
Officer
Numis Securities (Nomad Tel: +44 (0)20 7260
and broker) 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
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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