Bullboard - Stock Discussion Forum Trilogy International Partners Inc V.TRL.H

Trilogy International Partners Inc. operates through its subsidiary Trilogy International Partners LLC (Trilogy LLC). Prior to the disposal of its New Zealand and Bolivia operations, Trilogy LLC was a provider of wireless voice and data communications services including local, international long distance and roaming services. Trilogy LLC also provided fixed broadband communications services to... see more

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TSXV:TRL.H - Post Discussion

Trilogy International Partners Inc > C$27.5 Million Distribution to Shareholders V.TRL.H

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Post by Betteryear2 on Jul 06, 2023 9:49pm

C$27.5 Million Distribution to Shareholders V.TRL.H

BELLEVUE, WA / ACCESSWIRE / July 6, 2023 / Trilogy International Partners Inc. ("Trilogy" or the "Company") (TSXV:TRL.H), today announced that the board of directors of the Company (the "Board") has declared a return of capital distribution to the holders of common shares of the Company (the "Common Shares") as part of the winding up, discontinuance and reorganization of its business pursuant to a Plan of Liquidation adopted by the Board on June 10, 2022. The return of capital distribution will be in the aggregate amount of C$27,500,000 (or approximately US$21 million), which represents C$0.31 per Common Share. Shareholders living outside of Canada will receive the distribution in United States dollars in an amount reflecting the foreign exchange rate applicable on the date of distribution.

Trilogy International Partners Inc. Announces C$27.5 Million Distribution to Shareholders and Departure of Chief Financial Officer Erik Mickels (accesswire.com)

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