Notification of share transaction by Millicom (Tigo) Executive

Rhea-AI Summary

Millicom International Cellular S.A. (NASDAQ: TIGO) announced on September 19, 2022, that its Chief Information and Technology Officer, Xavier Rocoplan, acquired 57,633 shares at an average price of $12.38 each. Following this transaction, Mr. Rocoplan now owns a total of 97,974 shares in the company. This share purchase indicates insider confidence in the company's prospects and may influence investor sentiment positively.

Positive

• Insider purchase of 57,633 shares at $12.38, indicating confidence in the company's future.
• Xavier Rocoplan's total ownership increases to 97,974 shares.

Negative

• None.

Notification of share transaction by Millicom (Tigo) Executive

Luxembourg, September 20, 2022 – Millicom International Cellular S.A. (NASDAQ: TIGO) announces that on September 19, 2022, its Chief Information and Technology Officer, Mr. Xavier Rocoplan, purchased 57,633 Millicom shares in the open market at an average price of $12.38 per share.   Mr. Rocoplan now directly owns 97,974 shares.

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For further information, please contact

Press: Yocasta Valdez, Sr. Manager Digital Media & Corporate Communications press@millicom.com

Investors: Michel Morin, VP Investor Relations Sarah Inmon, Director 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 June 30, 2022, Millicom employed approximately 20,000 people and provided mobile and fiber-cable services through its digital highways to around 50 million customers, with a fiber-cable footprint of close to 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. 

Attachment

• Notification of share transaction by Millicom (Tigo) Executive

FAQ

What was announced in Millicom's press release on September 20, 2022?

Millicom announced that its Chief Information and Technology Officer, Xavier Rocoplan, purchased 57,633 shares on September 19, 2022.

How much did Xavier Rocoplan pay for Millicom shares?

Xavier Rocoplan bought Millicom shares at an average price of $12.38.

What is the total number of shares owned by Xavier Rocoplan after his recent purchase?

After the purchase, Xavier Rocoplan owns a total of 97,974 shares of Millicom.

What is the stock symbol for Millicom?

Millicom's stock symbol is TIGO, listed on NASDAQ.