Finance

ISS Advocates for Nuvei Shareholders to Vote in Favor of Arrangement

Published May 30, 2024

Shareholders of Nuvei Corporation NVEI, a leading global provider of payment technology solutions, are facing an important decision. Institutional Shareholder Services (ISS), a respected proxy advisory firm, is strongly recommending that Nuvei shareholders cast their votes in support of the proposed 'Arrangement' under discussion. ISS's endorsement is a sign of confidence in the potential benefits that the Arrangement could bring to the stakeholders involved.

Understanding the Arrangement

The details surrounding the Arrangement have not been made public, however, it involves a special resolution that would, if passed, likely steer the company towards a path of growth and expansion, aligning with Nuvei's ethos of continuous improvement and innovation in payment solutions across North America, Europe, Asia Pacific, and Latin America.

Call to Action for Shareholders

Shareholders are urged to vote their approval prior to the impending deadline of June 14, 2024, at 10:00 a.m. Eastern Time. Effective participation in this vote is critical, as it has the power to shape the company's future. Shareholders can register their votes and learn more about the impact of their decision at the designated website, www.NuveiPOA.com.

The Importance of the Vote

This vote represents a significant moment for NVEI, headquartered in Montreal, Canada. The outcome could affect its ongoing operations and its position in the dynamic, competitive landscape of payment technology solutions. With ISS's recommendation, the vote takes on an added layer of credibility, suggesting that the proposed Arrangement could lead to positive outcomes for the company and its shareholders. As such, this becomes an event of high interest within financial circles, especially to those invested in the broader FinTech sector.

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