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
A closely associated entity of a Millicom board member purchased over 344,000 SDRs, potentially indicating positive sentiment about the company's future prospects.
The purchase by a board member-associated entity could signal internal optimism about Millicom's performance and future potential, which might positively influence investor perception.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80