Option-related selling at Open Text (OTEX)

Option-related selling at Open Text (T:OTEX)

Adam Murray Howatson, a Senior Officer, exercised Options and disposed of 56,000 Common Shares OTEX Common on a direct ownership basis at a price of US$32.73 on June 5th, 2017. This represents a $2,471,272 divestment of the company's shares and an account share holdings change of -100.0%.

Open Text is in the Software Sub Industry Group under the Technology Sector.

Open Text Corporation provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics. Its software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. Its solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models. In addition, the Company provides solutions that facilitate the exchange of information and transactions that occur between supply chain participants.