Certain ordinary shares of jumia technologies ag are subject to a lock-up agreement ending on 8-oct-2019.
Certain ordinary shares of jumia technologies ag are subject to a lock-up agreement ending on 8-oct-2019. these ordinary shares will be under lockup for 180 days starting from 11-apr-2019 to 8-oct-2019.
details:
members of the management board and the holders of all of the outstanding ordinary shares have agreed that they will not, during the the restricted period of 180 days after the date of the prospectus, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any adss or shares beneficially owned, or any other securities so owned convertible into or exercisable or exchangeable for adss or shares, or enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of adss or shares, without the prior written consent of the representatives on behalf of the underwriters.
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