Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
Millicom (Tigo) has announced that Atlas S.A.S., a company closely associated with board member Jules Niel, acquired Millicom Swedish Depository Receipts (SDRs) on March 14, 2025, through transactions on Nasdaq Stockholm.
The acquisition was executed through an investment bank mandate to ensure individuals making investment decisions had no access to material non-public information. While Jules Niel holds no direct shares in Millicom, he is part of the Niel family group that beneficially owns Atlas. The transaction details are available on Millicom's website in the personal trading section.
Millicom (Tigo) ha annunciato che Atlas S.A.S., una società strettamente associata al membro del consiglio Jules Niel, ha acquisito i Certificati di Deposito Svedesi (SDRs) di Millicom il 14 marzo 2025, attraverso transazioni su Nasdaq Stockholm.
L'acquisizione è stata eseguita tramite un mandato di una banca d'investimento per garantire che le persone che prendevano decisioni di investimento non avessero accesso a informazioni materiali non pubbliche. Sebbene Jules Niel non detenga azioni dirette in Millicom, fa parte del gruppo familiare Niel che possiede in modo vantaggioso Atlas. I dettagli della transazione sono disponibili sul sito web di Millicom nella sezione trading personale.
Millicom (Tigo) ha anunciado que Atlas S.A.S., una empresa estrechamente asociada con el miembro de la junta Jules Niel, adquirió los Recibos de Depósito Suecos (SDRs) de Millicom el 14 de marzo de 2025, a través de transacciones en Nasdaq Estocolmo.
La adquisición se llevó a cabo mediante un mandato de un banco de inversión para asegurar que las personas que tomaban decisiones de inversión no tuvieran acceso a información material no pública. Aunque Jules Niel no posee acciones directas en Millicom, forma parte del grupo familiar Niel que posee Atlas de manera beneficiosa. Los detalles de la transacción están disponibles en el sitio web de Millicom en la sección de trading personal.
밀리컴 (Tigo)은 아틀라스 S.A.S.가 이사회 구성원인 줄스 니엘과 밀접하게 관련된 회사로, 2025년 3월 14일 나스닥 스톡홀름에서 밀리컴 스웨덴 예탁증서(SDR)를 인수했다고 발표했습니다.
이번 인수는 투자 결정을 내리는 개인이 중요 비공식 정보에 접근할 수 없도록 보장하기 위해 투자 은행의 위임을 통해 실행되었습니다. 줄스 니엘은 밀리컴의 직접적인 주식을 보유하고 있지 않지만, 아틀라스를 유리하게 소유하고 있는 니엘 가족 그룹의 일원입니다. 거래 세부사항은 밀리컴 웹사이트의 개인 거래 섹션에서 확인할 수 있습니다.
Millicom (Tigo) a annoncé que Atlas S.A.S., une entreprise étroitement associée au membre du conseil Jules Niel, a acquis des Receipts de Dépôt Suédois (SDRs) de Millicom le 14 mars 2025, à travers des transactions sur le Nasdaq Stockholm.
L'acquisition a été réalisée par le biais d'un mandat d'une banque d'investissement afin de garantir que les personnes prenant des décisions d'investissement n'avaient pas accès à des informations matérielles non publiques. Bien que Jules Niel ne détienne pas d'actions directes dans Millicom, il fait partie du groupe familial Niel qui possède Atlas de manière avantageuse. Les détails de la transaction sont disponibles sur le site web de Millicom dans la section de trading personnel.
Millicom (Tigo) hat bekannt gegeben, dass Atlas S.A.S., ein Unternehmen, das eng mit dem Vorstandsmitglied Jules Niel verbunden ist, am 14. März 2025 über Transaktionen an der Nasdaq Stockholm schwedische Depotbelege (SDRs) von Millicom erworben hat.
Der Erwerb wurde über ein Mandat einer Investmentbank durchgeführt, um sicherzustellen, dass Personen, die Investitionsentscheidungen treffen, keinen Zugang zu wesentlichen nicht-öffentlichen Informationen hatten. Obwohl Jules Niel keine direkten Anteile an Millicom hält, ist er Teil der Niel-Familiengruppe, die Atlas vorteilhaft besitzt. Die Einzelheiten der Transaktion sind auf der Website von Millicom im Bereich persönlicher Handel verfügbar.
- Board-associated entity showing confidence through market purchase of company shares
- None.
Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
Luxembourg, March 17, 2025 – Millicom International Cellular S.A. ("Millicom") announces that, on March 14, 2025, Atlas S.A.S. (”Atlas”) a person closely associated (”PCA”) with Jules Niel, a member of Millicom’s Board of Directors, informed that it acquired Millicom Swedish Depository Receipts (SDRs)in Nasdaq Stockholm as follows (the “Acquisition”):
| Date | Price per unit | Volume (units) |
| 11 March 2025 | 299.23 SEK | 190,000 |
| 12 March 2025 | 297.26 SEK | 200,000 |
| 13 March 2025 | 299.75 SEK | 285,067 |
| 14 March 2025 | 299.82 SEK | 173,954 |
The Acquisition by Atlas was made via a mandate given to an investment bank to purchase SDRs on behalf and for the account of the PCA, ensuring that individuals making investment decisions do not have access to material non-public information.
Mr. Jules Niel does not directly hold any Millicom shares, but he is a member of the Niel family group, which beneficially own Atlas. Details of the transaction are recorded on the personal trading section of Millicom’s website.
For further information, please contact:
| Press: Sofía Corral, Director Corporate Communications press@millicom.com | Investors: 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 December 31, 2024, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people, and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
FAQ
What is the significance of Atlas S.A.S.'s recent acquisition of Millicom (TIGO) SDRs?
How did Atlas S.A.S. execute its purchase of TIGO SDRs to ensure compliance?
What is Jules Niel's relationship with Atlas S.A.S. and TIGO?
Where can investors find details about the Atlas S.A.S. TIGO SDR transaction?
