Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
Millicom (Tigo) announced that Atlas S.A.S., a closely associated person with board member Jules Niel, acquired 344,797 Swedish Depository Receipts (SDRs) on March 17, 2025. The transaction was executed on Nasdaq Stockholm at an average price of SEK 299.77 per SDR.
The acquisition was conducted through an investment bank mandate to ensure compliance with insider trading regulations, with investment decisions made without 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.
Millicom (Tigo) ha annunciato che Atlas S.A.S., una persona strettamente associata con il membro del consiglio Jules Niel, ha acquisito 344.797 Certificati di Deposito Svedesi (SDR) il 17 marzo 2025. La transazione è stata eseguita su Nasdaq Stockholm a un prezzo medio di SEK 299,77 per SDR.
L'acquisizione è stata effettuata tramite un mandato di banca d'investimento per garantire la conformità alle normative sul trading insider, con decisioni di investimento prese senza accesso a informazioni riservate non pubbliche. Sebbene Jules Niel non detenga azioni dirette in Millicom, fa parte del gruppo familiare Niel che possiede beneficiariamente Atlas.
Millicom (Tigo) anunció que Atlas S.A.S., una persona estrechamente asociada con el miembro de la junta Jules Niel, adquirió 344,797 Recibos de Depósito Suecos (SDRs) el 17 de marzo de 2025. La transacción se ejecutó en Nasdaq Estocolmo a un precio promedio de SEK 299.77 por SDR.
La adquisición se llevó a cabo a través de un mandato de banco de inversión para garantizar el cumplimiento de las regulaciones sobre el comercio con información privilegiada, con decisiones de inversión tomadas sin acceso a información no pública material. Aunque Jules Niel no posee acciones directas en Millicom, él es parte del grupo familiar Niel que posee Atlas de manera beneficiosa.
밀리콤 (Tigo)은 아틀라스 S.A.S.가 이사인 쥴스 니엘(Jules Niel)과 밀접한 관계에 있는 인물로서 2025년 3월 17일에 344,797 스웨덴 예탁증서(SDR)를 인수했다고 발표했습니다. 이 거래는 나스닥 스톡홀름에서 SDR당 평균 SEK 299.77의 가격으로 실행되었습니다.
인수는 내부 거래 규정을 준수하기 위해 투자은행의 위임을 통해 진행되었으며, 중요한 비공식 정보를 접근하지 않고 투자 결정을 내렸습니다. 쥴스 니엘은 밀리콤의 직접적인 주식을 보유하고 있지 않지만, 그는 아틀라스를 유리하게 소유하고 있는 니엘 가족 그룹의 일원입니다.
Millicom (Tigo) a annoncé que Atlas S.A.S., une personne étroitement associée au membre du conseil Jules Niel, a acquis 344 797 Receipts de Dépôt Suédois (SDRs) le 17 mars 2025. La transaction a été effectuée sur Nasdaq Stockholm à un prix moyen de SEK 299,77 par SDR.
L'acquisition a été réalisée par le biais d'un mandat de banque d'investissement afin d'assurer la conformité avec les réglementations sur le commerce d'initiés, les décisions d'investissement ayant été prises sans accès à des informations non publiques essentielles. Bien que Jules Niel ne détienne aucune action directe dans Millicom, il fait partie du groupe familial Niel qui possède Atlas de manière bénéfique.
Millicom (Tigo) gab bekannt, dass Atlas S.A.S., eine eng verbundene Person mit dem Vorstandsmitglied Jules Niel, am 17. März 2025 344.797 Schwedische Depotquittungen (SDRs) erworben hat. Die Transaktion wurde zu einem Durchschnittspreis von SEK 299,77 pro SDR an der Nasdaq Stockholm durchgeführt.
Der Erwerb erfolgte durch ein Mandat einer Investmentbank, um die Einhaltung der Vorschriften für Insiderhandel sicherzustellen, wobei die Investitionsentscheidungen ohne Zugang zu wesentlichen nicht-öffentlichen Informationen getroffen wurden. Obwohl Jules Niel keine direkten Anteile an Millicom hält, gehört er zur Niel-Familiengruppe, die Atlas vorteilhaft besitzt.
- Significant insider purchase of 344,797 SDRs indicates confidence from parties closely associated with board member
- None.
Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
Luxembourg, March 20, 2025 – Millicom International Cellular S.A. ("Millicom") announces that, on March 17, 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 344,797 Millicom Swedish Depository Receipts (SDRs) in Nasdaq Stockholm (the “Acquisition”) at an average price of SEK 299.77 per SDR.
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.
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) 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
How many Millicom (TIGO) SDRs did Atlas S.A.S. acquire in March 2025?
What was the purchase price per SDR in Atlas's acquisition of TIGO shares?
How is Atlas S.A.S. connected to Millicom (TIGO) board member Jules Niel?
How did Atlas S.A.S. execute its TIGO SDR purchase to ensure compliance?
