Millicom International Cellular SA has announced that it plans to list its common shares on the Nasdaq Stock Market in the U.S.
The company said in a statement that subject to the approval of its listing application and the effectiveness of its SEC registration, it expects trading in its common shares on the Nasdaq Stock Market to begin on January 9th 2019 under the ticker symbol TIGO.
Millicom will maintain its listing on Nasdaq Stockholm, where the company’s Swedish Depositary Receipts (“SDR”) currently trade. One SDR represents one common share of Millicom. Millicom also hereby informs the market that it plans to change its Nasdaq Stockholm ticker symbol from MIC_SDB to TIGO_SDB effective on January 9th, 2019.
Millicom will host an investor meeting on Wednesday, January 9th in New York City to discuss the company’s strategy and 2019 outlook.