Millicom Completes Nasdaq Stockholm Delisting
Ticker: MLCMF · Form: 6-K · Filed: Mar 25, 2025 · CIK: 912958
| Field | Detail |
|---|---|
| Company | Millicom International Cellular SA (MLCMF) |
| Form Type | 6-K |
| Filed Date | Mar 25, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: delisting, stock-exchange, procedural
TL;DR
Millicom is officially off Nasdaq Stockholm; remaining SDR shares will be sold by SEB.
AI Summary
Millicom International Cellular S.A. announced on March 24, 2025, that it has completed the delisting of its Swedish Depositary Receipts (SDRs) from Nasdaq Stockholm. SEB, acting as the custodian bank, has informed Millicom of its intention to initiate the sale of any remaining shares not withdrawn from the SDR program.
Why It Matters
This action signifies Millicom's exit from the Nasdaq Stockholm exchange, potentially impacting liquidity and investor access for those holding SDRs.
Risk Assessment
Risk Level: low — The filing is a procedural announcement regarding a delisting, with no immediate financial implications or new risks disclosed.
Key Players & Entities
- Millicom International Cellular S.A. (company) — Registrant
- Nasdaq Stockholm (company) — Exchange from which delisting occurred
- SEB (company) — Custodian bank informing of share sale
- March 24, 2025 (date) — Date of press release and announcement
FAQ
What is the primary purpose of this 6-K filing?
The primary purpose is to announce the completion of Millicom International Cellular S.A.'s delisting of its Swedish Depositary Receipts (SDRs) from Nasdaq Stockholm and SEB's intent to sell remaining shares.
When was the delisting officially completed?
The delisting was completed on March 24, 2025.
Which exchange has Millicom International Cellular S.A. delisted from?
Millicom International Cellular S.A. has delisted from Nasdaq Stockholm.
What action will SEB take regarding shares not withdrawn from the SDR program?
SEB has informed Millicom of its intent to initiate the sale of shares not withdrawn from the SDR program.
What is the filing date of this report?
This report was filed as of March 25, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 25, 2025 regarding MILLICOM INTERNATIONAL CELLULAR SA (MLCMF).