Atlas Investissement Amends Millicom Ownership Filing

TL;DR

Atlas Investissement just updated their Millicom stake filing - big news for traders.

AI Summary

On September 6, 2024, Atlas Investissement filed an amendment (No. 16) to its Schedule 13D for Millicom International Cellular S.A. This filing indicates a change in beneficial ownership of the common shares of Millicom International Cellular S.A. by Atlas Investissement and its group members, including NJJ Holding and Xavier Niel.

Why It Matters

This amendment signals a potential shift in control or significant stake changes for Millicom International Cellular S.A., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or shifts in control, which can introduce volatility.

Key Players & Entities

• Atlas Investissement (company) — Filing entity
• Millicom International Cellular S.A. (company) — Subject company
• NJJ Holding (company) — Group member of filing entity
• Xavier Niel (person) — Associated with filing entity
• Denis Klimentchenko (person) — Authorized to receive notices

FAQ

Key Financial Figures

• $1.50 — ged for Issuer common shares, par value $1.50 per share (“ Common Shares &rdquo

Filing Documents

• tm2423603d1_sc13da.htm (SC 13D/A) — 71KB
• tm2423603d1_ex16.htm (EX-99.16) — 61KB
• 0001104659-24-098118.txt ( ) — 133KB

Purpose of Transaction

Item 4. Purpose of Transaction.

of the Schedule 13D is hereby amended and supplemented by adding

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following: On September 6, 2024, Atlas entered into a blind mandate purchase plan, in the form of an SDR Purchase Mandate (the “ Purchase Mandate ”), pursuant to which Atlas may purchase up to a maximum of 7,000,000 SDRs, subject to certain other pre-agreed pricing limits and volume limits. The maximum purchase price for each SDR will be the SEK equivalent, from time to time, of USD 25.75. The amount and timing of any purchase, if any, may vary and will be determined based on market conditions, share price and other factors. The program will not require Atlas to purchase any specific number of SDRs or execute any purchases at all, and may be modified, suspended or terminated at any time at short notice in accordance with the terms of the Purchase Mandate. The foregoing description of the Purchase Mandate is qualified in its entirety by reference to the Purchase Mandate, which is filed as Exhibit 16 to the Schedule 13D and incorporated herein by reference.

Contracts, Arrangements, Understandings or Relationships

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

of the Schedule 13D is hereby amended and

Item 6 of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in Item 4 of this Amendment No. 16 is incorporated herein by reference.

Material to be filed as Exhibits

Item 7. Material to be filed as Exhibits.

of the Schedule 13D is hereby amended by adding the following

Item 7 of the Schedule 13D is hereby amended by adding the following exhibit: 16. Purchase Mandate dated September 6, 2024.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct. Dated: September 9, 2024 ATLAS LUXCO S.À R.L. By: /s/ Anthony Maarek Name: Anthony Maarek Title: Manager By: /s/ Tigran Khachatryan Name: Tigran Khachatryan Title: Manager ATLAS INVESTISSEMENT By: /s/ Xavier Niel Name: Xavier Niel Title: Président of NJJ Holding itself Président of Atlas Investissement NJJ HOLDING By: /s/ Xavier Niel Name: Xavier Niel Title: Président XAVIER NIEL By: /s/ Xavier Niel

View Full Filing

View this SC 13D/A filing on SEC EDGAR