Jumia director buys 905,797 ADS in private placement
Jumia Technologies AG director Hassanein Shahreza Hiridjee, through Yas Holding Ltd, purchased 905,797 American Depositary Shares (ADS) in a private placement from the company on August 12, 2026 under a Share Purchase Agreement at $5.52 per ADS.
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Rhea-AI Filing Summary
Jumia Technologies AG director Hassanein Shahreza Hiridjee, through Yas Holding Ltd, purchased 905,797 American Depositary Shares (ADS) in a private placement from the company on August 12, 2026 under a Share Purchase Agreement at $5.52 per ADS. Each ADS represents 2 ordinary shares. Following this transaction, indirect holdings reported through Yas Holding Ltd total 13,119,635 ADS.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares (ADS) F1, F2, F3 | 905,797 | -- | -- |
Footnotes (3)
- F1. Each ADS represents 2 ordinary shares of Jumia Technologies AG.
- F2. The reporting person purchased these shares from the issuer in a private placement under a Share Purchase Agreement dated August 12, 2026 at a purchase price of $5.52 per share.
- F3. These ADSs are 100% owned through Yas Holding Ltd (formerly known as Axian Telecom), which is 100% owned by Axian Telecom Holding and Management plc, which is in turn 100% owned by Hassanein Shahreza Hiridjee.
Key Figures
Key Terms
private placement financial
indirect ownership financial
FAQ
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What insider transaction did Jumia Technologies AG (JMIA) report on this Form 4?
At what price were the Jumia (JMIA) ADS purchased in this insider transaction?
How many Jumia (JMIA) ADS does the reporting person hold after this transaction?
Is the Jumia (JMIA) insider purchase made on the open market or via private placement?
AI-generated analysis. How Rhea-AI works. Not financial advice.