Director selling at Mitel Networks (MNW)

Director selling at Mitel Networks (T:MNW)

Terence Hedley Matthews, a Director, disposed of 971,900 Common Shares on an indirect ownership basis for registered holder Wesley Clover International Corporation at a price of $9.300 on May 24th, 2017. This represents a $9,038,670 divestment of the company's shares and an account share holdings change of -14.4%.

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.