Jumia sells 905,797 ADSs in private placement at USD 5.52 each

Reuters2026/08/14 15:09

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Jumia Technologies AG signed a private placement for 905,797 new American Depositary Shares at USD 5.52 each.
Gross proceeds set at USD 5 million from Yas Holding Ltd, a related party linked to supervisory board member Hassanein Hiridjee.
Each ADS represents two new bearer no-par shares, implying issuance of 1,811,594 new shares under authorized capital.
The supervisory board cleared the transaction on Aug. 12; Hiridjee did not take part in the decision.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jumia Technologies AG published the original content used to generate this news brief via EQS News (Ref. ID: RPT_2383390_de) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Jumia sells 905,797 ADSs in private placement at USD 5.52 each

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