Off-market insider selling at Nuvei (NVEI)

Off-market insider selling at Nuvei (T:NVEI)

Updated Wednesday Jun 09, 2021 03:28 AM EDT
Philip Fayer, CEO, Director and 10% Holder, disposed of 2,440,500 Subordinate Voting Shares on an indirect ownership basis for registered holder Whiskey Papa Fox II Inc. at a price of US$69.780 through a prospectus or prospectus exempt offering on June 7th, 2021. This represents a $205,600,884 divestment of the company's shares and an account share holdings change of -100.0%.

Mark Pyke, a Senior Officer, disposed of 358,269 Subordinate Voting Shares on a direct ownership basis. This represents a $30,182,513 divestment of the company's shares and an account share holdings change of -57.9%.

Keith Birdsong, a Senior Officer, disposed of 71,654 Subordinate Voting Shares on an indirect ownership basis for registered holder Tage Family Partnership, Ltd. This represents a $6,036,519 divestment of the company's shares and an account share holdings change of -17.5%.

Yuval Ziv, a Senior Officer, disposed of 71,654 Subordinate Voting Shares on a direct ownership basis at a price. This represents a $6,036,519 divestment of the company's shares and an account share holdings change of -66.2%.

Nuvei is in the Internet Services Sub Industry Group under the Technology Sector.

Nuvei Corp is a Canada-based company that provides payment technology solutions to merchants and partners in North America, Europe, Asia Pacific and Latin America. The Company's solutions include end-to-end processing including multi-currency authorization and settlement; global gateway for acquirer and processor; checkout solution; smart routing technology; risk and chargeback management and fraud prevention tools and flexible and merchant enrollment, underwriting and onboarding platform. The Company's gateway is a cloud-based system that serves as a single global connection point for mobile commerce, eCommerce and other card-not-present transactions.


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