Tony Elumelu Adds 4.81m UBA Shares to his holdings

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Tony O. Elumelu, the Chairman of the United Bank for Africa (UBA) and Heirs Holding Limited, purchased additional 4,817,855 shares of United Bank for Africa Plc.

In a statement signed by Bili A. Odum, Company Secretary, UBA and released on the Nigerian Stock Exchange, the bank stated that Mr. Tony O. Elumelu bought the shares on Tuesday, September 22, 2020, from the Nigerian Stock Exchange in Lagos at an average price of N5.9999 per share.

Insider dealing (transactions), both sales and purchases, are often an indication of how shareholders perceive a company’s valuation. It could also mean a possible capital raise or that the majority of shareholders are strengthening their existing holdings.

The recent purchase is in addition to the 2,199,373, 62,643,500 and 6,980,426 shares purchased between 20, 21 and 24, July 2020 in Lagos. Therefore, the Chairman has now purchased a combined 71,823,299 shares in the month of July.

Breakdown of Elumelu’s purchase.

Tony Elumelu Adds 4.81m UBA Shares to his holdings Brandspurng
SOURCE: NSE

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Tony Elumelu Adds 4.81m UBA Shares to his holdings - Brand SpurTony Elumelu Adds 4.81m UBA Shares to his holdings - Brand Spur

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Tony Elumelu Adds 4.81m UBA Shares to his holdings - Brand SpurTony Elumelu Adds 4.81m UBA Shares to his holdings - Brand Spur

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The Trade Desk Appoints Benson Ho as Senior Vice President, North Asia

SHANGHAI, CHINA - Media OutReach - 22 January 2021 - Global advertising technology leader, The Trade Desk, today announced the appointment of Benson Ho as Senior Vice President of North Asia. In this role, Ho will lead the company's business and growth strategy in the North Asia region, covering Greater China, South Korea and Japan. Ho will report to Tim Sims, Chief Revenue Officer.

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 Tony Elumelu Adds 4.81m UBA Shares to his holdings - Brand Spur

 

Ho brings vast leadership experience in the Asian media industry, most recently as Chief Data Strategy Officer at Tencent Marketing Solution, an important early inventory partner of The Trade Desk in China. Prior to that, he served as Amnet's chief consultant and programmatic expert to Dentsu Aegis Network. He has also served in senior leadership positions at Sizmek, GroupM and Digitas.

 

"One of The Trade Desk's biggest priorities is Asia, and with Benson joining our team, we're confident he will help accelerate our growth strategy in the region," said Tim Sims, Chief Revenue Officer, The Trade Desk. "Benson brings experience and expertise of data-driven advertising, as well as his invaluable relationships with key partners and advertisers, that are specific and unique to the Asian market. I look forward to partnering with Benson as we execute our next phase of growth in the region."

 

"I am delighted to join The Trade Desk and build on the success the company has had in North Asia," said Ho. "The advertising industry is at a turning point right now, and there's enormous opportunity for brands to leverage global best practices and connect with consumers in new ways. It's very exciting to be a part of the team that's delivering a unique solution and expertise to global advertisers in the region."


About The Trade Desk

The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Tony Elumelu Adds 4.81m UBA Shares to his holdings - Brand SpurTwitter, and LinkedIn. 

 

Tony Elumelu Adds 4.81m UBA Shares to his holdings - Brand Spur

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