Atlas Investissement secured a board seat in Millicom International Cellular
Key Summary: On March 23, 2023, Atlas (21%) joined the company’s Nomination Committee, which considered Atlas reps for board roles. On April 21, the company nominated ten directors for the May 31 AGM, including three Atlas candidates.
Market Cap: $3.3 billion| Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa.
Background
On March 23, 2023, a representative of Atlas (21%) was appointed to the company’s Nomination Committee. The Nomination Committee is considering whether to include a number of persons, including several Atlas representatives, on the list of candidates for appointment to its Board, which will be submitted to the vote of the shareholders at the next AGM. Source
Update
On April 21, 2023, the company announced that it had nominated for election at the company’s 2023 AGM scheduled for May 31, 2023, ten individuals to serve as directors of the Board, including three candidates from Atlas Investissement. Source
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