Millicom Completes Share Sale, Delists from Nasdaq Stockholm
Ticker: MLCMF · Form: 6-K · Filed: Apr 25, 2025 · CIK: 912958
| Field | Detail |
|---|---|
| Company | Millicom International Cellular SA (MLCMF) |
| Form Type | 6-K |
| Filed Date | Apr 25, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: delisting, share-sale, listing-change
Related Tickers: MILL
TL;DR
Millicom's SDRs are gone from Sweden, all trading now in the US.
AI Summary
Millicom International Cellular S.A. announced on April 23, 2025, that SEB has completed the sale of Millicom's shares. This follows the delisting of Millicom's Swedish Depositary Receipts (SDRs) from Nasdaq Stockholm on March 17, 2025, leaving the Nasdaq Stock Market in the United States as the sole exchange for its common shares.
Why It Matters
This filing indicates a shift in Millicom's trading presence, consolidating its listing to the US market and potentially impacting liquidity and investor access.
Risk Assessment
Risk Level: low — The filing is an informational update regarding a completed transaction and delisting, with no immediate financial or operational risks indicated.
Key Players & Entities
- Millicom International Cellular S.A. (company) — Registrant
- SEB (company) — Announced completion of share sale
- Nasdaq Stockholm (company) — Exchange from which SDRs were delisted
- March 17, 2025 (date) — Date of delisting from Nasdaq Stockholm
- Nasdaq Stock Market (company) — Sole exchange for common shares
- April 23, 2025 (date) — Date of press release
FAQ
What was the specific date Millicom's Swedish Depositary Receipts (SDRs) were delisted from Nasdaq Stockholm?
Millicom's SDRs were delisted from Nasdaq Stockholm on March 17, 2025.
Which exchange is now the sole listing venue for Millicom's common shares?
The Nasdaq Stock Market in the United States is now the sole exchange where Millicom's common shares are listed.
Who informed Millicom about the completion of the sale of its shares?
SEB informed Millicom that it has completed the sale of Millicom's shares.
What type of filing is this report?
This is a Form 6-K report of Foreign Private Issuer.
What is the filing date of this report?
The filing date is April 25, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 25, 2025 regarding MILLICOM INTERNATIONAL CELLULAR SA (MLCMF).