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Wednesday, May 18, 2022

Equity Corporate Actions Alert #2022 - 106
(UPDATED: Rights information) Distribution Information for Millicom International Cellular S.A. (TIGO)

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  • Industry Announcement

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On May 18, 2022, Millicom International Cellular S.A. (TIGO) announced a subscription rights offering allowing for the purchase of new common stock of the company to its shareholders. The subscription rights will be listed and begin trading on Nasdaq on Friday, May 27, 2022. NASDAQ will NOT be making an adjustment for the rights offering on the EX date. The details for the distribution and are as follows

Company/ Parent: Millicom International Cellular S.A.
Issue: Common Stock
CUSIP: L6388F110
Symbol: TIGO
Record Date: May 23, 2022
Payment Date: May 26, 2022
EX Date: May 20, 2022
Expiration Date: June 13, 2022
Rate of Distribution:
 1 right for each share held. Every 10 rights entitles the holder to purchase 7 shares of common stock at a subscription price of $10.61 per share.
The details for the rights are as follows:

Symbol: TIGOR
CUSIP: L6388G100
Anticipated First Trade Date: May 27, 2022
Anticipated Last Trade Date: June 8, 2022

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

If you would like to register as a market maker in TIGO or TIGORcontact Nasdaq Trading Services at +1 212 231 5100.

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