INFORMATIVE NOTICE – MILLICOM INTL CELLULAR-SDR DELISTING | TIGOsdb.ST

Dear Clients,
Solactive AG notes the announcement made by MILLICOM INTL CELLULAR-SDR (SE0001174970 , TIGOsdb.ST) on November 29, 2024 whereby it plans to apply for delisting of the Swedish Depository Receipts (SDR) from Nasdaq Stockholm, consolidating and maintaining the listing of Millicom’s common shares, (TIGO.OQ) on NASDAQ Stock Market. 

The delisting of SDR require the approval of Nasdaq Stockholm. The approval was granted on March 3, 2025 and the last day of trading for the SDR will be March 17, 2025. As a result of the delisting, the SDR program will be terminated. 

As per the conversion mechanism, in case of an SDR holder does not convert its SDR (SE0001174970 , TIGOsdb.ST) into Millicom U.S. Shares (TIGO.OQ) by the last day of trading, the underlying Millicom U.S. Shares will be sold and the sale proceeds will be distributed to the SDR-holder. Since a selection action is required by the shareholder, Solactive AG will implement this event  as per default no action process.

As per 2.1.8.1 Delisting Adjustment of Equity Index Methodology whereby MILLICOM INTL CELLULAR-SDR (SE0001174970 , TIGOsdb.ST) will be removed from the index effective March 18, 2025 (Open).

Press Releases:
https://view.news.eu.nasdaq.com/view?id=be4c3184c1946cc7141e2a4be8f29f0a5&lang=en&src=micro