Trilogy International Partners Issues Common Stock in Redemption of Subsidiary's Class C Units - NewsBreak

BELLEVUE, WA / ACCESSWIRE / September 6, 2021 / Trilogy International Partners Inc. ('TIP Inc.') (TSX:TRL), an international wireless and fixed broadband telecommunications operator, today announced that, on September 3, 2021, it issued 22,075,585 common shares ('Common Shares') to holders of Class C Units ('Class C Units') in Trilogy International Partners LLC ('Trilogy LLC'), a subsidiary of TIP Inc., in connection with the holders' redemption of such Class C Units. The Common Shares were issued on a one-for-one basis with the redemptions of Class C Units, except for fractional Class C Units, which were disregarded for purposes of the Common Shares issuance.