Notification of Shareholding Transaction by Millicom CFO
Stockholm, 9 December, 2014 – Millicom, the international telecommunications and media company (Stockholmsbörsen: MIC), announced that its Chief Finance Officer, Tim Pennington, purchased 9,620 shares in the firm today at a price of SEK 611.12.
This represents the total shareholding by Mr Pennington in Millicom.
Mr Pennington will become Interim CEO of Millicom from 1 January 2015 following the announcement of the departure of Hans-Holger Albrecht from this role last week.
For more please visit: www.millicom.com or contact:
Press: Julian Eccles, VP Corporate Communications, on +44 7720 409374 at press@millicom.com
Investors: Nicolas Didio, Director of Investor Relations, on +44 203 249 2220 at investors@millicom.com
About Millicom
Millicom is a leading international telecommunications and media company dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing digital lifestyle services to the world’s emerging markets, giving access to the world, primarily through mobile devices. Operating in fourteen countries, primarily using the Tigo brand, Millicom offers innovative and customer-centric products. Millicom employs more than 10,000 people and provides mobile, cable, broadband, TV content, online and financial services to over 50 million customers. Founded in 1990, Millicom is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2013 Millicom generated revenue of $5.16 billion and EBITDA of $1.9 billion.
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