Millicom to Delist SDRs from Nasdaq Stockholm
Ticker: MLCMF · Form: 6-K · Filed: Mar 3, 2025 · CIK: 912958
| Field | Detail |
|---|---|
| Company | Millicom International Cellular SA (MLCMF) |
| Form Type | 6-K |
| Filed Date | Mar 3, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: delisting, stock-exchange, regulatory-filing
TL;DR
Millicom's SDRs are getting booted from Nasdaq Stockholm on March 17th. Get out now!
AI Summary
Millicom International Cellular S.A. formally applied on March 3, 2025, to delist its Swedish Depository Receipts (SDRs) from Nasdaq Stockholm. The last day of trading for these SDRs on the exchange is set for March 17, 2025, following approval from Nasdaq Stockholm.
Why It Matters
This delisting signifies a shift in Millicom's trading strategy, potentially impacting liquidity and accessibility for certain investors.
Risk Assessment
Risk Level: medium — The delisting could affect trading liquidity and investor access, introducing uncertainty.
Key Players & Entities
- Millicom International Cellular S.A. (company) — Registrant
- Nasdaq Stockholm (company) — Exchange where SDRs are listed
- March 17, 2025 (date) — Last day of trading for SDRs
- March 3, 2025 (date) — Date of application for delisting
FAQ
What is the primary reason for Millicom's application to delist its SDRs from Nasdaq Stockholm?
The filing does not explicitly state the primary reason for the delisting application, only that the application has been formally made and approved by Nasdaq Stockholm.
When will the Swedish Depository Receipts (SDRs) of Millicom International Cellular S.A. cease trading on Nasdaq Stockholm?
The last day of trading for Millicom's SDRs on Nasdaq Stockholm will be March 17, 2025.
Which entity approved the delisting of Millicom's SDRs from Nasdaq Stockholm?
Nasdaq Stockholm approved the delisting of Millicom's SDRs.
What is the filing date of this Report of Foreign Private Issuer?
This Form 6-K report is for the month of March 2025 and was filed as of March 3, 2025.
What is the company's exact name as specified in its charter?
The company's exact name is MILLICOM INTERNATIONAL CELLULAR S.A.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 3, 2025 regarding MILLICOM INTERNATIONAL CELLULAR SA (MLCMF).