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Sandvine Corporation (the 'Company') announces that it has been notified today of the following sales of common shares in the Company by Directors on 24 April 2007 at a price of $4.30(C$):
|
Shares Sold
|
Remaining Holdings
|
|
| The Dave Caputo Trust (1) |
432,000
|
3,888,000
|
| The Tom Donnelly Trust (2) |
403,470
|
3,631,000
|
| Scott Hamilton |
218,000
|
654,461 (3)
|
(1) Dave Caputo, a director of the Company, is a trustee of The Dave Caputo Trust. Enquiries: Chris Bowman/Andrew Chubb
As at 24 April 2007, the Company had 123,035,281 ordinary shares in issue.
(2) Tom Donnelly, a director of the Company, is the trustee of The Tom Donnelly Trust.
(3) Inclusive of common shares represented by stock options held by Mr. Hamilton.
Rick Wadsworth, Director of Investor Relations
Sandvine Corporation
+519 880 2400 x.3503
Canaccord Adams Limited
+44 207 050 6500