Designated person notification
ArcelorMittal has announced a share transaction notification required under the EU Market Abuse Regulations. This transaction is linked to the company's ongoing share buyback program initiated on 4 March 2021. A significant shareholder has entered into a share repurchase agreement, ensuring their voting rights in ArcelorMittal's share capital remain at 36.34%. Further details can be accessed on the company's website.
- Significant shareholder maintains voting rights at 36.34%
- Share transaction aligns with ongoing share buyback program
- None.
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20 April, 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 www.bourse.lu and on ArcelorMittal’s web site www.arcelormittal.com under Investors > Corporate Governance > Share Transactions by Management.
This transaction is directly connected to ArcelorMittal’s share buyback program announced on 4 March 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