Fladgate advises Satellite Solutions on £12.1m placing

Our team: Jamie Hamilton, David Robinson

Fladgate has advised AIM listed Satellite Solutions Worldwide Group plc on its placing, by way of accelerated bookbuild, of new Ordinary Shares in the Company raising gross proceeds of £12.1m. The placing proceeds were used to fund the acquisition of Breiband.no A.S. and the operations and related assets of SkyMesh Pty Ltd.  Both companies provide satellite broadband services to rural areas in Norway and Australia respectively.

Satellite Solutions Worldwide is a global communications company specialising in rural and last-mile satellite broadband.

The Fladgate team was led by capital markets partner David Robinson, assisted by senior associate Jamie Hamilton.


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