Notification of share transaction by Director of Millicom (Tigo) shares
Rhea-AI Summary
Millicom International Cellular (Tigo) announced that Director Tomas Eliasson has sold his entire stake of 17,269 Swedish Depository Receipts (SDRs) on November 8, 2024. The transaction was executed at an average price of SEK 289.19 per share in the open market. Following this sale, Mr. Eliasson no longer holds any shares in the company.
Positive
- None.
Negative
- Complete divestment by Director Tomas Eliasson of his entire 17,269 SDR position could signal lack of confidence in company's future prospects
News Market Reaction 1 Alert
On the day this news was published, TIGO gained 1.33%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Notification of share transaction by Director of Millicom (Tigo) shares
Luxembourg, November 8, 2024 – Millicom International Cellular S.A. ("Millicom") announces that, on November 8, 2024, Tomas Eliasson, Director of Millicom, sold 17,269 Millicom Swedish Depository Receipts (SDRs) in the open market at an average price of SEK 289.19 per share. Mr. Eliasson now directly owns no shares. Details of the transaction are disclosed on Millicom’s website.
For further information, please contact:
| Press: Sofía Corral, Director Corporate Communications press@millicom.com | Investors: Michel Morin, VP Investor Relations investors@millicom.com |
About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of September 30, 2024, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people, and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
FAQ
How many Millicom (TIGO) shares did Director Tomas Eliasson sell on November 8, 2024?
What is the current shareholding of Tomas Eliasson in Millicom (TIGO) after the November 8, 2024 transaction?
What was the price per share for Millicom (TIGO) SDRs in Tomas Eliasson's sale?
