Transactions of Managers and Closely Associated Persons
Rhea-AI Summary
Alvotech (NASDAQ: ALVO) reported a managers and closely associated persons transaction filed with Luxembourg’s CSSF. Celtic Lux Holdings S.a. r.l. acquired 10,133,333 Alvotech shares on June 16, 2026 at USD 3.75 per share. The filing includes contact details for Alvotech investor relations.
Positive
- Celtic Lux Holdings acquired 10,133,333 Alvotech shares at USD 3.75 per share
- Managers and closely associated persons transaction formally disclosed via CSSF filing
Negative
- None.
News Market Reaction – ALVO
On the day this news was published, ALVO gained 1.37%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 18 | Equity financing close | Negative | +0.1% | Closed public offering and private placement raising $165M at $3.75 per share. |
| Jun 18 | Equity financing launch | Negative | +0.1% | Announced proposed $125M public offering and concurrent private placement of shares. |
| Jun 15 | Offering priced | Negative | -8.7% | Priced $152M public offering and private placement of ordinary shares at $3.75. |
| Jun 15 | Offering proposed | Negative | -8.7% | Launched proposed $125M equity raise via public offering and private placement. |
| Jun 10 | Manager transaction | Positive | +1.9% | Disclosed share allocation to a board director as part of remuneration package. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Financing announcements tend to trigger sharp declines, while later steps in the same deals and manager transactions have seen mixed or mildly positive reactions.
Key Terms
cssf regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Attached is a copy of a filing with the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) regarding transactions of managers and closely associated persons, announcing the acquisition of 10,133,333 shares in Alvotech by Celtic Lux Holdings S.a. r.l. (formerly known as Alvogen Lux Holdings S.a. r.l.) at a price of USD 3.75 per share. The date of the transaction was June 16, 2026.
ALVOTECH INVESTOR RELATIONS
Benedikt Stefansson, VP
alvotech.ir@alvotech.com
Attachment