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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dragonwave | LSE:DWI | London | Ordinary Share | CA26144M1032 | COM SHS NPV (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 57.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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FOR: DRAGONWAVE INC.
AIM, TSX SYMBOL: DWI
November 6, 2007
DragonWave Inc-Holding(s) in Company
RNS only
OTTAWA, CANADA--(Marketwire - Nov. 6, 2007) - DragonWave Inc. ("DragonWave") (TSX:DWI)(AIM:DWI) a
leading global supplier of next-generation wireless networks, today announced that it has been
notified of the following sales of common shares in the Company by Significant Shareholders on
November 1, 2007 at prices between $7.00 and $7.25 (C$):
/T/
Shares Remaining
Sold Holdings %
----------------------------------------------------------
Enterprise Partners V, L.P. 197,300 2,456,942 8.6
Enterprise Partners VI, L.P. 197,300 2,456,942 8.6
Wesley Clover Corporation 89,799 500,964 1.8
/T/
As of November 6, 2007, the company had 28,439,264 ordinary shares in issue.
Note:
Wesley Clover Corporation and Wesley Clover International Corporation are related parties of a company
Director.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
DragonWave Inc.
Russell Frederick
Chief Financial Officer
613-599-9991 ext. 2253
rfrederick@dragonwaveinc.com
OR
DragonWave Inc.
Nadine Kittle
Media Relations
613-599-9991 ext. 2262
nkittle@dragonwaveinc.com
OR
Canaccord Adams Limited
Chris Bowman / Andrew Chubb
44 20 7050 6500
OR
Weber Shandwick Financial
John Moriarty
020 7067 0736
Mob: 07971 402224
jmoriarty@webershandwick.com
DragonWave Inc.
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