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Trilogy International Partners Inc
Symbol TRL
Shares Issued 60,043,242
Close 2021-10-18 C$ 2.40
Recent Sedar Documents

Trilogy International completes Class C unit redemption

2021-10-18 15:38 ET - News Release

Mr. Erik Mickels reports

TRILOGY INTERNATIONAL PARTNERS INC. ANNOUNCES COMPLETION OF CLASS C UNIT REDEMPTION REQUEST

Trilogy International Partners Inc.'s subsidiary, Trilogy International Partners LLC (Trilogy LLC), has completed the redemption of its outstanding Class C units. As previously announced, Trilogy LLC had requested that holders of Trilogy LLC's Class C units consider exercising their contractual right to redeem such Class C units for the company's common shares. Pursuant to the terms of the Trilogy LLC operating agreement, Class C unitholders were entitled to receive one common share for each Trilogy LLC Class C unit tendered for redemption.

After giving effect to voluntary redemptions, fewer than 1,966,745 Class C units were outstanding. The terms of the Trilogy LLC operating agreement required that Trilogy LLC redeem the remaining Class C units for an equivalent number of common shares. As a result of the redemption and giving effect to two Class C unitholders that were not eligible under applicable securities laws to receive common shares and were paid in cash, an aggregate of 86,461,484 common shares are now issued and outstanding.

About Trilogy International Partners Inc.

Trilogy International Partners is the parent company of Trilogy LLC, a wireless and fixed broadband telecommunications operator formed by wireless industry veterans John Stanton, Theresa Gillespie and Brad Horwitz. Trilogy's founders have an exceptional record of successfully buying, building, launching and operating communication businesses in 15 international markets and the United States.

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