Brief: Venzee Announces Board And Officer Changes, Founders Agree To Voluntary Share Lock Up

JasperX Technologies

03/10/2018 13:38

Oct 3 (Reuters) - Venzee Technologies Inc  VENZ.V :
    * VENZEE ANNOUNCES BOARD AND OFFICER CHANGES, FOUNDERS AGREE
TO
VOLUNTARY SHARE LOCK UP
    * VENZEE TECHNOLOGIES INC - PETER MACKAY, PRESIDENT AND CEO
OF
VENZEE, HAS BEEN APPOINTED TO BOARD OF DIRECTORS
    * VENZEE TECHNOLOGIES INC - BOTH FOUNDERS, KATE HISCOX AND
MARCO
SYLVESTRE, HAVE VOLUNTARY ENTERED INTO LOCK UP AGREEMENTS
    * VENZEE TECHNOLOGIES INC - CURRENTLY, BOTH FOUNDERS HOLD
APPROXIMATELY 13.5 MILLION SHARES OF VENZEE OR 22% OF
OUTSTANDING TOTAL
    * VENZEE TECHNOLOGIES INC - ALL OF THESE SHARES WILL NOW BE
RESTRICTED FROM ANY TRADING, UNLESS APPROVED BY CO'S BOARD OF
DIRECTOR, UNTIL SEPT 27, 2019

Source text for Eikon:  ID:nGNX7xBSxj 
Further company coverage:  VENZ.V 

 (Reuters.Briefs@thomsonreuters.com)