Director selling at Tucows (TC)

Director selling at Tucows (T:TC)

Rawleigh Hazen Ralls, a Director, disposed of 41,342 Common Shares on a direct ownership basis at prices ranging from US$56.931 to IS$61.952 between June 9th and 13th, 2017. The insider also disposed of 12,500 Common Shares on an indirect ownership basis for registered holder Kate Ralls, Spouse at prices ranging from US$57.875 to US$60.60 between June 9th and 12th, 2017. This represents a $4,258,319 divestment of the company's shares and an account share holdings change of -49.8%.

Tucows Inc. is engaged in providing Internet services. The Company's segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services. The Company focuses on serving the needs of this network of resellers by providing services, interfaces, proactive and attentive customer service, reseller-oriented technology and agile design and development processes. The Company focuses its service offerings under brands, including OpenSRS, YummyNames, Platypus, Hover and Ting. As of December 31, 2016, the OpenSRS Domain Service managed 15 million domain names under the Tucows ICANN registrar accreditation and for other registrars. As of December 31, 2016, Ting managed mobile telephony services for approximately 151,000 subscribers.