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Option-related CEO selling at Mitel Networks (T:MNW)

Updated Thursday Sep 07, 2017 02:54 AM EDT

Richard McBee, CEO and Director, exercised Options and disposed of 130,000 Common Shares on a direct ownership basis at a price of US$8.13 on September 5th, 2017. This represents a $1,307,491 divestment of the company's shares and an account share holdings change of -32.7%.

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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Go to Mitel Networks Corporation (MNW)'s company page

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