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 |
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 | Investors:
Michel Morin, VP Investor Relations |
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.
