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Designated person notification

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ArcelorMittal announces a share transaction notification in compliance with the Market Abuse Regulations. This transaction, linked to the company's ongoing share buyback program initiated on 29 July 2021, is aimed at maintaining significant shareholder voting rights at 36.34%. Details on the transaction are accessible on the Luxembourg Stock Exchange and the company’s website under the designated sections for investors. This move emphasizes ArcelorMittal's commitment to managing its equity effectively while keeping shareholder interests aligned.

Positive
  • Maintaining voting rights at 36.34% for significant shareholders.
  • Share buyback program reflects strong financial management.
Negative
  • None.

02 November 2021, 17:00 CET

With reference to Article 19(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulations), ArcelorMittal announces that a notification of a share transaction by a Designated Person (i.e. Directors or Executive Officers) is available in the Luxembourg Stock Exchange’s electronic database OAM on https://www.bourse.lu/home and on ArcelorMittal’s web site https://corporate.arcelormittal.com under Investors > Corporate Governance > Share Transactions by Management.

This transaction is directly connected to ArcelorMittal’s share buyback program announced on 29 July 2021. ArcelorMittal’s Significant Shareholder has entered into a share repurchase agreement with ArcelorMittal to sell shares so that its voting rights in ArcelorMittal’s share capital (net of treasury shares) is maintained at the current level of 36.34%. Further details on the share buyback program are available on https://corporate.arcelormittal.com under Investors > Equity investors > Share Buyback Program.


FAQ

What is the recent share transaction by ArcelorMittal?

ArcelorMittal announced a share transaction related to its share buyback program to maintain significant shareholder voting rights.

What percentage of voting rights does ArcelorMittal's significant shareholder maintain?

The significant shareholder maintains voting rights at 36.34%.

When was ArcelorMittal's share buyback program announced?

The share buyback program was announced on 29 July 2021.

Where can I find details about ArcelorMittal's share transactions?

Details about share transactions can be found on the Luxembourg Stock Exchange's electronic database and ArcelorMittal's website under Investors.

ArcelorMittal

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18.64B
852.81M
4.2%
0.56%
Steel
Basic Materials
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United States of America
Luxembourg City