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Nuvei CEO and chair Philip Fayer acquires shares in company

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MONTREAL — Nuvei Corp. says chief executive and chair Philip Fayer has acquired more shares in the company.

The Montreal-based payment technology company says Fayer has acquired 22,151 subordinate voting shares though the settlement of vested restricted share units.

It says Fayer now holds beneficial ownership of, or has control or direction over, 27,857,328 multiple voting shares or 36.6 per cent of the issued and outstanding multiple voting shares, as well as 22,151 subordinate voting shares.Fayer is the founder of the company.This report by The Canadian Press was first published Sept. 20, 2023.

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