TSX: VOYG
OTCQB: VYGVF
FRA: UCD2
NEW YORK, Dec. 31, 2021 /CNW/ - Voyager Digital Ltd.
("Voyager" or the "Company") (TSX: VOYG) (OTCQB: VYGVF) (FRA:
UCD2), one of the fastest-growing, publicly traded cryptocurrency
platforms in the United States,
today announced that two executive officers of the Company have
adopted automatic securities disposition plans ("ASDPs").
The ASDP permits trades to be made in accordance with
pre-arranged instructions given when the officer establishing the
ASDP was not in possession of any material undisclosed information.
The ASDP will be effective on the second trading day following the
date on which the Company has filed its interim financial
statements for the quarter ending December
31, 2021.
Each officer below has provided pre-arranged instructions in
writing to the agent administering the ASDP, including the number
of securities to be sold and setting out minimum trade prices. The
ASDP prohibits the agent administering the ASDP from consulting
with the relevant officer regarding any sales under the ASDP and
prohibits the relevant officer from disclosing to the agent any
information concerning the Company that might influence the
execution of the ASDP. The ASDP has been authorized and established
in the form approved by the Company and contains meaningful
restrictions on the ability of the officers to amend, suspend or
terminate the ASDP.
Details of the ASDPs for the two executive officers are set out
in the following table. Transactions will be made pursuant to
predetermined timing and other criteria and subject to minimum
price thresholds specified in the applicable ASDP.
|
Name
|
Title
|
Intended
Transactions
|
|
|
|
|
Stephen
Ehrlich
|
CEO,
Director
|
Up to 1,000,000
common shares, with no sales below a defined floor.
|
|
|
|
|
Gerard
Hanshe
|
COO
|
Up to 142,000 common
shares, with no sales
|
|
below a defined
floor; exercise up to 120,000 options and sell up to 120,000 common
shares issued in connection with such exercised options, with no
sales beyond those required to cover taxes and fees associated with
exercise below a defined floor.
|
This announcement is made and will be available on SEDAR at
www.SEDAR.com pursuant to the recommended practices set forth
in Staff Notice 55-317 Automatic Securities Disposition
Plans of the Canadian Securities Administrators. Information
regarding the ASDP and transactions thereunder, as the case may be,
may be accessed on SEDI at www.sedi.ca
About Voyager Digital Ltd.
Publicly traded Voyager
Digital Ltd.'s (TSX: VOYG) (OTCQB: VYGVF) (FRA: UCD2) US
subsidiary, Voyager Digital, LLC, is a fast-growing, cryptocurrency
platform in the United States
founded in 2018 to bring choice, transparency, and cost efficiency
to the marketplace. Voyager offers a secure way to trade over 70
different crypto assets using its easy-to-use mobile application
and earn rewards up to 12 percent annually on more than 35
cryptocurrencies. Through its subsidiary Coinify ApS, Voyager
provides crypto payment solutions for both consumers and merchants
around the globe. To learn more about the company, please visit
https://www.investvoyager.com.
The TSX has not approved or disapproved of the information
contained herein.
Press Contacts
Voyager Digital, Ltd.
Michael
Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com
Voyager Public Relations Team
pr@investvoyager.com
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SOURCE Voyager Digital (Canada)
Ltd.
