Millicom (Tigo) files standard form for notification of major holdings

Rhea-AI Summary

Millicom (TIGO) announced the filing of a standard form for notification of major holdings with the CSSF on November 3, 2022. This regulatory filing is associated with the ownership stakes held by major shareholders and is essential for investor transparency. The public document is available for review, providing insights into the company's shareholder structure and potential impacts on stock performance.

Positive

• Regulatory filing demonstrates adherence to transparency requirements, strengthening investor confidence.

Negative

• No specific details on changes in major holdings could raise concerns regarding shareholder stability.

Millicom (Tigo) files standard form for notification of major holdings

Luxembourg, November 3, 2022 – Millicom International Cellular S.A. announced today the CSSF regulatory filing of the form:

• Standard form for notification of major holdings (attachment)
  
  

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For further information, please contact

Press: Sofía Corral, Director Corporate Communications press@millicom.com

Investors: Sarah Inmon, Director Investor Relations investors@millicom.com   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, 2022, Millicom employed approximately 20,000 people and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint over 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg. For more information, visit millicom.com. Connect with Millicom on Twitter, Instagram, Facebook, and LinkedIn. 

 

Attachments

• PR_Millicom files standard form of major holdings
• Societe Generale Flagging Funds up to 6.34%

FAQ

What does Millicom's regulatory filing on November 3, 2022, involve?

Millicom filed a standard form for notification of major holdings with the CSSF, indicating major shareholder ownership stakes.

How does the filing affect Millicom's stock performance?

The filing aims to enhance transparency regarding major holdings, which can indirectly influence investor sentiment and stock performance.

Where can I find the details of Millicom's major holdings?

Details can be found in the publicly available regulatory filing linked in the press release.

What is the significance of the major holdings notification for Millicom?

The notification is crucial for maintaining transparency with investors, potentially impacting market perceptions of stability and governance.