Director selling at Redline Comm Grp (RDL)

Director selling at Redline Comm Grp (T:RDL)

Philippe Iii de Gaspe Beaubien, a Director and 10% Holder, disposed of 369,332 Common Shares on a direct ownership basis at a price of $1.180 on February 6th, 2019. The insider also disposed of 2,227,235 Common Shares on an indirect ownership basis for registered holder T Investment Corp. at a price of $1.180 on February 6th, 2019. This represents a $3,063,949 divestment of the company's shares and an account share holdings change of -100.0%.

Redline Comm Grp is in the Wireless Telecommunications Services Sub Industry Group under the Telecommunication Services Sector.

Redline Communications Group Inc. is a Canada-based company, which develops and markets ruggedized wireless infrastructure solutions and wide-area wireless networks for a range of applications and locations. These solutions provide voice, data, video and machine-to-machine (M2M) communications in remote areas. The Company operates in four segments. The Energy/Digital Oilfields segment provides low-latency solutions to provide a communication blanket across oilfields that deliver M2M and personal communications. The Governments segment provides a range of solutions for M2M applications, including delivering video surveillance camera footage and highway and other infrastructure information. The Telecom Service segment delivers wireless broadband access to underserved locations. The Military segment provides private communications to support people and equipment in theater.