SEB informs Millicom (Tigo) it has completed the sale of shares
Millicom (Tigo) has received confirmation from SEB regarding the completion of share sales following its Swedish Depositary Receipts (SDRs) delisting from Nasdaq Stockholm on March 17, 2025. SEB, acting as the SDR program custodian bank, has successfully sold approximately 5,110,103 shares that remained unclaimed by SDR holders after the delisting process.
The company's common shares are now exclusively listed on the Nasdaq Stock Market in the United States. Former SDR holders are expected to receive their pro-rata distribution of the net proceeds from these sales in early May.
Millicom (Tigo) ha ricevuto conferma da SEB riguardo al completamento della vendita delle azioni a seguito della cancellazione dalla quotazione degli Swedish Depositary Receipts (SDR) al Nasdaq di Stoccolma il 17 marzo 2025. SEB, in qualità di banca depositaria del programma SDR, ha venduto con successo circa 5.110.103 azioni che non erano state reclamate dai titolari di SDR dopo il processo di delisting.
Le azioni ordinarie della società sono ora quotate esclusivamente al Nasdaq Stock Market negli Stati Uniti. I precedenti detentori di SDR dovrebbero ricevere la distribuzione proporzionale del ricavato netto di queste vendite all’inizio di maggio.
Millicom (Tigo) ha recibido confirmación de SEB sobre la finalización de la venta de acciones tras la exclusión de sus Swedish Depositary Receipts (SDR) del Nasdaq Estocolmo el 17 de marzo de 2025. SEB, actuando como banco custodio del programa SDR, ha vendido con éxito aproximadamente 5.110.103 acciones que quedaron sin reclamar por los titulares de SDR después del proceso de exclusión.
Las acciones ordinarias de la compañía ahora cotizan exclusivamente en el Nasdaq Stock Market en Estados Unidos. Se espera que los antiguos titulares de SDR reciban su distribución prorrata de los ingresos netos de estas ventas a principios de mayo.
Millicom (Tigo)는 2025년 3월 17일 나스닥 스톡홀름에서 스웨덴 예탁증서(SDR) 상장 폐지 이후 주식 매각 완료에 대해 SEB로부터 확인을 받았습니다. SDR 프로그램 수탁 은행인 SEB는 상장 폐지 과정 후 SDR 보유자들이 청구하지 않은 약 5,110,103주를 성공적으로 매각했습니다.
회사의 보통주는 이제 미국 나스닥 증권거래소에만 상장되어 있습니다. 이전 SDR 보유자들은 이 매각 대금의 순수익을 비례 배분받아 5월 초에 지급받을 예정입니다.
Millicom (Tigo) a reçu la confirmation de SEB concernant l’achèvement de la vente des actions suite à la radiation de ses Swedish Depositary Receipts (SDR) du Nasdaq Stockholm le 17 mars 2025. SEB, agissant en tant que banque dépositaire du programme SDR, a vendu avec succès environ 5 110 103 actions restées non réclamées par les détenteurs de SDR après le processus de radiation.
Les actions ordinaires de la société sont désormais exclusivement cotées au Nasdaq Stock Market aux États-Unis. Les anciens détenteurs de SDR devraient recevoir leur distribution au prorata du produit net de ces ventes début mai.
Millicom (Tigo) hat von SEB die Bestätigung über den Abschluss des Aktienverkaufs nach der Delistung seiner Swedish Depositary Receipts (SDRs) an der Nasdaq Stockholm am 17. März 2025 erhalten. SEB, als Depotbank des SDR-Programms, hat erfolgreich etwa 5.110.103 Aktien verkauft, die von den SDR-Inhabern nach dem Delisting-Prozess nicht beansprucht wurden.
Die Stammaktien des Unternehmens sind nun ausschließlich an der Nasdaq Stock Market in den USA gelistet. Ehemalige SDR-Inhaber werden voraussichtlich Anfang Mai ihre anteilige Ausschüttung aus dem Nettoerlös dieser Verkäufe erhalten.
- Successful completion of SDR delisting process
- Streamlined trading structure with single exchange listing
- None.
SEB informs Millicom (Tigo) it has completed the sale of shares
Luxembourg, April 23, 2025 – Millicom International Cellular S.A. (“Millicom”) completed the delisting of its Swedish Depositary Receipts (SDRs) from Nasdaq Stockholm on March 17, 2025, resulting in the Nasdaq Stock Market in the United States being the sole exchange where its common shares are listed.
SEB, the SDR program custodian bank, informed Millicom today that it has completed the sale of approximately 5,110,103 shares underlying the SDRs that had not been withdrawn by the SDR holders prior to the delisting. Net proceeds from the sales are expected to be distributed pro rata to these former SDR holders in early May.
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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 over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg, with principal executive offices in Doral, Florida.
FAQ
What happened to Millicom TIGO's Swedish Depositary Receipts after delisting from Nasdaq Stockholm?
When will former TIGO SDR holders receive their proceeds from the share sale?
How many TIGO shares were sold by SEB following the Nasdaq Stockholm delisting?
Where are Millicom TIGO shares currently listed after the Nasdaq Stockholm delisting?
