MiX Telematics director just picked up 4,239,575 shares

Ian Jacobs, a director of MiX Telematics, recently acquired 4,239,575 shares of the company. The buys took place at prices ranging from $0.46 to $0.47 per share, on dates ranging from February 25 to March 01, 2022. Jacobs now owns 17,762,450 shares of the company. Jacobs operates out of Midrand, T3. Some additional info was provided as follows:

This includes 179,608 ADS translating to 4,490, 200 ordinary shares held by 786 Partners LP, over which Ian Jacobs has voting power and 521,262 ADS translating to 13,031,550 ordinary shares held by 402 Fund LP, over which Ian Jacobs has voting power. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this re port shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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