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Holdings in Company

Waterloo, Canada; July 16, 2012 – Sandvine Corporation (the ‘Company’) announces that the following number of options to purchase common shares in the Company under the terms of the Company’s Stock Option Plan have been granted as of July 13, 2012 to each of the following Directors of the Company at an exercise price of $1.37(C$):

 

Number of Options

Dave Caputo

99,767

Scott Hamilton

53,533


In addition, the Company announces that it has been notified of the following purchases and dispositions of common shares of no par value in the Company by Directors over the period June 25, 2012 through July 16, 2012 in each case where the purchase has been pursuant to the Company’s previously announced automatic Employee Share Purchase Plan and where the dispositions have been pursuant to the non-discretionary automatic share disposition plan announced on October 12, 2010

 

Shares
Purchased
Under Employee Share Purchase Program

Avg.
Price

Shares
Sold under Automatic Share Disposition Plan

Avg.
Price

Current Holdings

Dave Caputo

1,055

$1.42 CAD

 

 

52,947

The Dave Caputo Trust*

 

 

Nil

Nil

3,183,100

Scott Hamilton

93

$1.42 CAD

 

 

16,562

*The Dave Caputo Trust of which Dave Caputo is a Trustee.

As at July 16, 2012, the Company had 138,314,700 common shares in issue.

Enquiries:
Rick Wadsworth, Director of Investor Relations
Sandvine Corporation
+519 880 2400 x.3503

Andrew Chubb/Simon Bridges
Canaccord Genuity Limited
+44 207 050 6500

UPDATED : 0