Director Dealings
February 24 2009 - 6:21AM
UK Regulatory
TIDMRKN
RNS Number : 7871N
Redknee Solutions Inc.
24 February 2009
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| For Immediate Release | 24 February 2009 |
| | |
+----------------------------------------------+-----------------------------------+
Redknee Solutions Inc.
("Redknee" or the "Company")
Director Dealings
TORONTO - February 24, 2009 - Redknee (TSX / AIM: RKN), a leading provider of
mission-critical software and solutions for communications service providers,
announces the following director dealings.
The Company was informed on February 23, 2009 that, on that date, John Phillips,
a Non-Executive Director of Redknee, purchased indirectly through Klister Credit
Corp. 80,000 Redknee Common Shares ("Common Shares") at prices ranging between
C$0.41 and C$0.44 per Common Share. Following the share purchases, John Phillips
holds, directly and indirectly, 1,427,418 Common Shares.
In addition, the Company was further informed on February 23, 2009 that, on that
date, Alan Michels, a Non-Executive Director of Redknee, purchased 50,000 Common
Shares at a price of C$0.44 per Common Share. Following the share purchase,
Alan Michels holds 115,000 Common Shares.
The issued share capital of the Company as at the date of this announcement is
59,210,271 Common Shares.
For more information about Redknee, visit www.redknee.com
About Redknee:
Redknee is a leading global provider of innovative communication software
products, solutions and services. Redknee's award-winning solutions enable
operators to monetize the value of each subscriber transaction while
personalizing the subscriber experience to meet mainstream, niche and individual
market segment requirements. Redknee's revenue generating solutions provide
advanced converged billing, rating, charging and policy for voice, messaging and
new generation data services to more than 70 network operators in over 50
countries. Established in 1999, Redknee Solutions Inc. (TSX / AIM: RKN) is the
parent of the wholly-owned operating subsidiary Redknee Inc. and its various
subsidiaries. References to Redknee refer to the combined operations of those
entities. For more information, visit http://www.redknee.com/.
For additional information please contact:
+----------------------------------------+---------------------------------------+
| Media Relations Contact: | Financial Public Relations: |
| Ashleigh Young | Jeremy Garcia |
| Mi liberty | Buchanan Communications |
| +44 (0)20 7751 4444 | +44 (0) 20 7 466 5000 |
| ayoung@miliberty.com | jeremyg@buchanan.uk.com |
| Mark Yaphe, VP, Product | Redknee Solutions: |
| Management & Marketing | Colley Clarke, Chief Financial |
| +1 905 625 2298 | Officer |
| mark.yaphe@redknee.com | +1 905 625 2604 |
| Nomad: | colley.clarke@redknee.com |
| Canaccord Adams Limited | ### |
| Ryan Gaffney/Andrew Chubb | |
| +44 (0) 207 050 6500 | |
+----------------------------------------+---------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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