Gatekeeper Announces 2.9M Share Purchase by CEO
Abbotsford, BC – May 5, 2020 – Gatekeeper Systems Inc. (“Gatekeeper” or the “Company”) (TSX-V: GSI) (OTC: GKPRF) (FSE: 1GK) a leading provider of intelligent video solutions for public transport and smart cities, announces that Doug Dyment, CEO of Gatekeeper, has acquired, as trustee of the Dyment Family Trust, 2,916,667 common shares (“Shares”) of Gatekeeper in a private transaction for an aggregate purchase price of $522,000 or approximately $0.179 per Share (the “Acquisition”).
Prior to completion of the Acquisition, Mr. Dyment owned or controlled an aggregate of 6,914,125 Shares representing 7.78% of the Company’s 88,825,145 issued and outstanding Shares, and 2,500,000 incentive stock options (the “Options”) of the Company.
After giving effect to the Acquisition, Mr. Dyment owns or controls 9,830,792 Shares representing 11.07% of the issued and outstanding Shares on a non-diluted basis, and 13.5% of the issued and outstanding Shares on a partially diluted basis, assuming exercise of Mr. Dyment’s Options only.
The Shares were acquired for investment purposes. In the future, Mr. Dyment may increase of decrease his shareholdings from time to time depending on market conditions or other related factors.
This news release is being issued as required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
A copy of the Early Warning Report can be obtained at SEDAR.com under the Company’s profile or by contacting the Company.
Contact Information:
Douglas Dyment
President & CEO
ddyment@gatekeeper-systems.com
(604) 864-6187
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TRANSIT
SCHOOL BUS
FIRST RESPONDERS
Police
TAXI
TRANSPORT
SERVICE & MAINTENANCE
G4 VIEWER PLUS
TRAINING & TUTORIALS
PRESS & MEDIA
CORPORATE
TEAM
MOBILE DATA COLLECTORS (MDC™)
Y35 HD v3
Y35 v3
Y58 v3
508HD4a
Y724
Y816-R
Y816 v3
Locomotive Image and Audio Recording Devices
WIRELESS
ARTIFICIAL INTELLIGENCE
AI Dash Cam
ALE™ – Automated Lane Enforcement
Pedestrian Protector Camera AI382 AHD For Transit
HOSTED SOLUTIONS – G4 VISION
Health Check
INTERIOR VIDEO FOR TRANSIT
S32 IP v3 Camera
CI960 IP v3 Camera
WA12 Wide Angle Camera
Passenger Counting Sensor (PaC30)
EXTERIOR VIDEO FOR TRANSIT
Pedestrian Protector Camera AI382 AHD For Transit
360° Surround Vision System (SV12 v3)
MOBILE DATA COLLECTORS (MDC™)
Y35 HD v3
Y35 v3
Y58 v3
508HD4a
Y724
Y816-R
Y816 v3
WIRELESS
Mobile Wi-Fi System – School Bus
ARTIFICIAL INTELLIGENCE
AI Dash Cam
School Bus Student Protector
Pedestrian Protector Camera AI382 AHD for School Bus
HOSTED SOLUTIONS – G4 VISION
Health Check
Clarity™
INTERIOR VIDEO FOR SCHOOL BUS
S32 IP v3 Camera
CI960 IP v3 Camera
WA12 Wide Angle Camera
Passenger Counting Sensor (PaC30)
EXTERIOR VIDEO FOR SCHOOL BUS
Student Protector Camera System (SP15)
Pedestrian Protector Camera AI382 AHD for School Bus
360° Surround Vision System (SV12 v3)