Designated person notification
ArcelorMittal announced the notification of a share transaction involving a Designated Person, available on the Luxembourg Stock Exchange's OAM database. This transaction is part of the company's share buyback program initiated on 29 July 2021. A Significant Shareholder has entered an agreement to sell shares, ensuring their voting rights remain at 36.34% of the share capital. More information regarding the share buyback program can be found on the company’s website.
- Share transaction ensures voting rights are maintained at 36.34%.
- Share repurchase could lead to decreased liquidity in the market.
17 August 2021, 15:00 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
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