Satellite Solutions Wldwide Grp PLC Result of AGM (5874D)
April 27 2017 - 8:40AM
UK Regulatory
TIDMSAT
RNS Number : 5874D
Satellite Solutions Wldwide Grp PLC
27 April 2017
27 April 2017
Satellite Solutions Worldwide Group plc
("SSW" or the "Company")
Result of AGM
Satellite Solutions Worldwide Group plc (AIM: SAT), the global
communications company specialising in rural and last-mile
satellite broadband, announces that at the Annual General Meeting
held earlier today, all of the resolutions put to shareholders were
duly passed.
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.
The 2015 listing on the London Stock Exchange together with the
support from Business Growth Fund and investors in 2016 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 preferred acquisitions. The Directors 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
END
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