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Designated person notification

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ArcelorMittal announces a share transaction involving a Designated Person, aligning with its share buyback program initiated on 29 July 2021. This transaction enables ArcelorMittal’s Significant Shareholder to sell shares while maintaining a voting rights stake of 36.34% in the company's share capital. The relevant details of the transaction can be accessed through the Luxembourg Stock Exchange and ArcelorMittal’s website.

Positive
  • Completion of a share transaction tied to the ongoing share buyback program.
  • Significant Shareholder maintains a stable voting rights percentage at 36.34%.
Negative
  • None.

19 October 2021, 13:00 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 related to ArcelorMittal (MT)?

ArcelorMittal announced a share transaction involving a Designated Person, which is part of its share buyback program initiated on 29 July 2021.

How does the share transaction affect ArcelorMittal's voting rights?

The transaction allows ArcelorMittal’s Significant Shareholder to sell shares while retaining a 36.34% stake in voting rights.

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

Details about ArcelorMittal's share transactions are available on the Luxembourg Stock Exchange and the company's official website.

ArcelorMittal

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19.72B
777.81M
4.3%
0.64%
Steel
Basic Materials
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United States of America
Luxembourg City