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Leading Proxy Advisor ISS Recommends Nuvei Shareholders Vote "FOR" Arrangement

Newswire.ca - Wed May 29, 3:10PM CDT

MONTREAL, May 29, 2024 /CNW/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that Nuvei shareholders vote FOR the previously announced statutory plan of arrangement (the "Arrangement") involving the Company and Neon Maple Purchaser Inc. (the "Purchaser"), a newly-formed entity controlled by Advent International ("Advent"), pursuant to the provisions of the Canada Business Corporations Act.  Pursuant to the Arrangement, the Purchaser will acquire all the issued and outstanding subordinate voting shares ("Subordinate Voting Shares") and multiple voting shares ("Multiple Voting Shares") of the Company (collectively, the "Shares") that are not Rollover Sharesi for a price of US$34.00 cash per Share. The special meeting of shareholders (the "Meeting") to approve the Arrangement will be held on June 18, 2024 at 10:00 a.m. (Eastern time), in a virtual format at the following link: https://web.lumiagm.com/432819058.

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