Director Dealings
February 18 2009 - 3:46AM
UK Regulatory
TIDMRKN
RNS Number : 4994N
Redknee Solutions Inc.
18 February 2009
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| For Immediate Release | 18 February 2009 |
| | |
+------------------------------------+------------------------------------+
Redknee Solutions Inc.
("Redknee" or the "Company")
Director Dealings
TORONTO - February 18, 2009 - Redknee Solutions Inc. ("Redknee") (TSX / AIM:
RKN), a leading provider of mission-critical software and solutions for
communications service providers, today announced the following Dealings
Announcement.
The Company was informed on February 17, 2009 that on that date Alan Michels,
Non-Executive Director of Redknee, purchased 30,000 Common Shares in the capital
of the Company ("Common Shares") at a price of C$0.39 per Common Share.Following
the share purchases, Alan Michels holds 30,000 Common Shares of Redknee.
As well, the Company was informed on February 17, 2009 that on that date John
Phillips, Non-Executive Director of Redknee, purchased indirectly 250,000 Common
Shares at a price of C$0.40 per Common Share. Following the share purchases,
John Phillips holds, directly and indirectly, 1,199,418 Common Shares of
Redknee.
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, Vice President, | |
| Product Management & Marketing | |
| +1 905 625 2298 | |
| mark.yaphe@redknee.com | |
| | |
+------------------------------------+------------------------------------+
| Nomad: | Redknee Solutions: |
| Canaccord Adams Limited | Colley Clarke, Chief Financial |
| Ryan Gaffney/Andrew Chubb | Officer |
| +44 (0) 207 050 6500 | +1 905 625 2604 |
| | colley.clarke@redknee.com |
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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