Paysafe Leadership and Directors Purchase $2.8 Million in Common Shares
December 08 2021 - 6:59AM
Business Wire
Paysafe Limited (NYSE: PSFE), a leading specialized payments
platform, today announced that Chief Executive Officer Philip
McHugh has purchased approximately 290,000 shares of Paysafe’s
common stock for a total purchase price of approximately $1.0
million. The shares were purchased on the open market on December
3rd, 2021.
Additionally, the Company announced that other executive
officers and independent Board members of Paysafe have purchased
approximately 447,000 shares of Paysafe’s common stock totaling
approximately $1.8 million. The shares were purchased on the open
market between November 12th and December 3rd, 2021.
About Paysafe Limited
Paysafe Limited (“Paysafe”) (NYSE:PSFE) (PSFE.WS) is a leading
specialised payments platform. Its core purpose is to enable
businesses and consumers to connect and transact seamlessly through
industry-leading capabilities in payment processing, digital
wallet, and online cash solutions. With over 20 years of online
payment experience, an annualised transactional volume of US $100
billion in 2020 and approximately 3,400 employees located in 12+
global locations, Paysafe connects businesses and consumers across
70 payment types in over 40 currencies around the world. Delivered
through an integrated platform, Paysafe solutions are geared toward
mobile-initiated transactions, real-time analytics and the
convergence between brick-and-mortar and online payments. Further
information is available at www.paysafe.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211208005315/en/
Media Kate Aldridge kate.aldridge@paysafe.com +44 750 079
7547
Investors Kirsten Nielsen kirsten.nielsen@paysafe.com +1 (646)
901-3140
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