Terence Hedley Matthews, a Director, disposed of 350,000 Common Shares on an indirect ownership basis for registered holder Wesley Clover International Corporation at a price of $10.584 on August 8th, 2017. This represents a $3,704,505 divestment of the company's shares and an account share holdings change of -6.1%.
On the same day, Thomas Gerald Lokar, a Senior Officer, disposed of 18,736 Common Shares on a direct ownership basis at a price of US$8.64. This represents a $205,133 divestment of the company's shares and an account share holdings change of -100.0%.
Mitel Networks is in the Software Sub Industry Group under the Technology Sector.
Mitel Networks Corporation is a provider of business communications and collaboration software, services and solutions. The Company's segments include Cloud and Enterprise. The Enterprise segment sells and supports products and services for premise-based customers. The Cloud segment sells and supports products that are deployed in a cloud environment. The Company's product portfolio includes premises and cloud-based enterprise communications infrastructure products and solutions, unified communications and collaboration (UCC) and contact center applications and a range of service offerings. The Company's Cloud Division offers a range of private, public, hybrid and mobile Software as a Service (SaaS) solutions for businesses of all sizes. This includes Unified Communications as a Service (UCaaS) solutions. Its Enterprise Division portfolio integrates voice, UCC applications, and contact center applications on fixed and mobile networks across a range of end user devices.
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