Diginex (NASDAQ: DGNX) insider sells 7.2M shares at $1
Rhea-AI Filing Summary
Diginex Ltd (DGNX) reported that director and ten percent owner Miles Pelham filed a Form 4 for multiple sales of Ordinary Shares on August 17, 2026 at $1.00 per share. Three transactions were sales of indirectly held shares by Rhino Ventures Limited, an entity wholly owned and managed by Pelham, over which he has voting and dispositive control. A further sale of 294,380 directly held shares left Pelham with 303,400 Ordinary Shares held directly. The company effected a one-for-eight Share Consolidation of its Ordinary Shares on April 28, 2026, and the reported share numbers reflect this adjustment.
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Insights
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Insider Trade Summary
Net Seller: 7,202,920 shares
Net Sell
4 txns
Insider
Pelham Miles Christian
Role
Director, 10% Owner
Sold
7,202,920 shs ($7.20M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 1,908,540 | $1.00 | $1.91M |
| Sale | Ordinary Shares F1, F2 | 2,500,000 | $1.00 | $2.50M |
| Sale | Ordinary Shares F1, F2 | 2,500,000 | $1.00 | $2.50M |
| Sale | Ordinary Shares F1 | 294,380 | $1.00 | $294K |
Holdings After Transaction:
Ordinary Shares — 731,707 shares (Indirect, See Footnote);
Ordinary Shares — 303,400 shares (Direct)
Footnotes (2)
- F1. On April 28, 2026, the issuer effected a one-for-eight share consolidation of the issuer's ordinary shares (the "Share Consolidation"). The number of ordinary shares reported on this Form 4 have been adjusted to reflect the Share Consolidation.
- F2. Consists of securities held by Rhino Ventures Limited ("Rhino"), which is wholly owned and managed by Miles Pelham, who has voting and dispositive control over the securities held by Rhino. Mr. Pelham, through his position as director of Rhino, may be deemed to hold the power to vote or direct the vote and dispose of or direct the disposition of the securities beneficially held by Rhino.
Key Figures
Total shares sold: 7,202,920 Ordinary Shares
Sale price per share: $1.00 per share
Direct shares sold: 294,380 Ordinary Shares
+3 more
6 metrics
Total shares sold
7,202,920 Ordinary Shares
Aggregate of four sale transactions reported for August 17, 2026
Sale price per share
$1.00 per share
Price for each of the four reported Ordinary Share sales
Direct shares sold
294,380 Ordinary Shares
Directly held shares sold on August 17, 2026
Direct shares held after transaction
303,400 Ordinary Shares
Direct holdings of Miles Pelham following the reported direct sale
Share Consolidation ratio
one-for-eight
Share Consolidation of Ordinary Shares effective April 28, 2026
Number of sale transactions
4
Sale transactions reported in the Form 4 transaction summary
Key Terms
Share Consolidation, beneficially held, dispositive control, Form 4
4 terms
beneficially held financial
"the securities beneficially held by Rhino"
dispositive control financial
"has voting and dispositive control over the securities held by Rhino"
Form 4 regulatory
"The number of ordinary shares reported on this Form 4 have been adjusted"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Diginex Ltd (DGNX) report on this Form 4?
Diginex Ltd reported that director and ten percent owner Miles Pelham disclosed four sales of Ordinary Shares on August 17, 2026, involving both indirectly held shares through Rhino Ventures Limited and directly held shares.
Were the DGNX insider sales made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming trading under such a plan. There is no footnote stating that these August 17, 2026 sales were made pursuant to a Rule 10b5-1 or pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.