An anonymous director reports
REDKNEE REMINDS SHAREHOLDERS RIGHTS OFFERING WILL EXPIRE AT 5:00 PM TORONTO TIME ON AUGUST 29, 2017
Redknee Solutions Inc. is reminding its rights offering shareholders of record that the period to exercise the rights expires at 5 p.m. Toronto time on Aug. 29, 2017. Any rights not exercised on or before the time the rights expire will be void and will have no value. Additionally, the deadline for U.S. holders and other ineligible holders to submit exempt purchaser status certificates to the rights agent is Aug. 18, 2017.
Further details on the rights offering, including eligibility requirements for shareholders to participate and the procedures to be followed by shareholders to subscribe for rights, are included in a rights offering circular and rights offering notice, which were filed with securities regulatory authorities in each province and territory of Canada on July 26, 2017. A copy of the rights offering circular and rights offering notice is available on SEDAR.
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The completion of the rights offering is conditional upon the satisfaction of certain conditions, including the approval of the Toronto Stock Exchange.
About Redknee Solutions Inc.
Redknee monetizes today's digital world for communications service providers. Its market-leading portfolio of monetization and subscriber management solutions includes real-time billing, charging, policy and customer care modules and is available on premise, cloud based or as software as a service. With a central focus on driving customer success, Redknee's products power growth and innovation for operators globally.
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