Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
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Atlas S.A.S., a closely associated entity with Millicom Board member Jules Niel, purchased 344,797 Millicom Swedish Depository Receipts (SDRs) on Nasdaq Stockholm at an average price of SEK 299.77 per SDR. The transaction was executed through an investment bank mandate to ensure compliance with insider trading regulations.
March 20, 2025 | 9:45 pm
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POSITIVE IMPACT
An entity associated with a Millicom board member purchased over 344,000 SDRs, which could indicate positive internal sentiment about the company's prospects.
The purchase by a board member-associated entity suggests potential insider confidence in Millicom's stock, which could positively influence market perception.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80