May 3, 2018 / 9:44 PM / 5 months ago

BRIEF-Sierra Wireless Provides Statement Of Clarification

May 3 (Reuters) - Sierra Wireless Inc:

* PROVIDED A STATEMENT OF CLARIFICATION WITH REGARD TO SCHEDULE A OF MANAGEMENT INFORMATION CIRCULAR

* CLARIFICATION WITH REGARD TO SCHEDULE A ON TOPIC OF ISSUANCE OF SECURITIES UNDER SECURITY BASED COMPENSATION PLANS

* DO NOT INTEND TO ISSUE SECURITIES UNDER COMPENSATION PLANS THAT WOULD RESULT IN NUMBER OF SHARES ISSUABLE EXCEEDING 8.1 PCT

* WITH REGARD TO SHARES ISSUED UNDER TREASURY RSU PLAN, A SUB-LIMIT OF 3.7 PCT OF ISSUED AND OUTSTANDING SHARES WILL APPLY

* UNDERTAKING TO AMEND SECURITY BASED COMPENSATION PLANS OVER COURSE OF NEXT YEAR TO REFLECT MANAGEMENT PRACTICE Source text for Eikon: Further company coverage:

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