IRIDIUM COMMUNICATIONS INC

Ticker: IRDM CUSIP: 46269C102 Class: Common Stock

Herald Investment Management Ltd's Holding History (CIK: 0001512022)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 180,000 Value ($000) $4,757 Avg Close $21.52 Range $17.79 - $27.62

Q4 2018

Shares 180,000 Value ($000) $3,319 Avg Close $20.53 Range $16.64 - $24.35

Q3 2018

Shares 180,000 Value ($000) $4,041 Avg Close $19.42 Range $15.90 - $22.50

Q2 2018

Shares 180,000 Value ($000) $2,898 Avg Close $13.60 Range $10.95 - $17.95

Q1 2018

Shares 180,000 Value ($000) $2,015 Avg Close $11.97 Range $10.75 - $13.25

Q4 2017

Shares 180,000 Value ($000) $2,124 Avg Close $11.56 Range $9.95 - $12.90

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	180,000	$4,757	$21.52	$17.79 - $27.62
Q4 2018	180,000	$3,319	$20.53	$16.64 - $24.35
Q3 2018	180,000	$4,041	$19.42	$15.90 - $22.50
Q2 2018	180,000	$2,898	$13.60	$10.95 - $17.95
Q1 2018	180,000	$2,015	$11.97	$10.75 - $13.25
Q4 2017	180,000	$2,124	$11.56	$9.95 - $12.90