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VEON Commences its Delisting from Euronext Amsterdam to Consolidate its Trading on Nasdaq in New York
GlobeNewswire News Room· 2024-10-21 17:00
Amsterdam and Dubai, 21 October 2024: VEON Ltd. (Nasdaq: VEON; Euronext Amsterdam: VEON), a global digital operator ("VEON" or the "Company"), today announces that it has commenced the process for the delisting of its common shares from trading on Euronext Amsterdam (the "Euronext Amsterdam Delisting"), following the approval of Euronext Amsterdam. The Company's last day of trading on Euronext Amsterdam will be 22 November 2024 (the "Last Trading Date") and the delisting will be effective from 25 November 2 ...
VEON .(VEON) - 2023 Q4 - Annual Report
2024-10-17 19:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934 For the month of October 2024 Commission File Number 1-34694 VEON Ltd. (Translation of registrant's name into English) Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F o ...
VEON Files its 2023 Form 20-F
GlobeNewswire News Room· 2024-10-17 18:45
Amsterdam, 17 October 2024, 20:45: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator ('VEON' or the 'Company'), today announces that it has filed its Annual Report on Form 20-F for the year ended December 31, 2023 (the "2023 Form 20-F") with the U.S. Securities and Exchange Commission at www.sec.gov following the completion of the audit of its 2023 financial statements by its independent auditor UHY LLP according to Public Company Accounting Oversight Board ("PCAOB") standards. " ...
VEON Announces Plan to Move its Headquarters to Dubai International Financial Center
GlobeNewswire News Room· 2024-10-14 05:00
Group 1 - VEON Ltd. has announced the relocation of its headquarters from Amsterdam to Dubai, reflecting a strategic realignment to focus on key markets [1][3] - The move positions VEON as the largest Nasdaq-listed company headquartered in Dubai, enhancing its visibility with Gulf investors [2][3] - VEON serves 160 million connectivity customers and has 110 million monthly active digital users across six markets [4][5] Group 2 - The relocation is timed with GITEX Global 2024, a major technology event in Dubai, indicating a new chapter for VEON in a dynamic market [3] - The company aims to leverage Dubai's operational advantages, including access to talent and proximity to its operations [3]
VEON Launches KINOM Digital Entertainment Platform in Uzbekistan
GlobeNewswire News Room· 2024-10-09 08:00
Amsterdam and Tashkent, 9 October 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, is pleased to officially launch the digital entertainment platform KINOM in Uzbekistan. With a content offering of more than 130 channels of linear TV, as well as on-demand films and TV series, KINOM will be accessible for all mobile users in the country. Developed locally in Uzbekistan, KINOM is the latest addition to VEON's DO1440 offerings, which seeks to serve customers with digital ex ...
Helikon Investments Ltd Bolsters Position in VEON Ltd with Significant Share Acquisition
GuruFocus· 2024-10-04 22:03
Overview of the Recent Transaction On September 30, 2024, Helikon Investments Ltd (Trades, Portfolio) made a notable addition to its investment portfolio by acquiring 90,845,580 shares of VEON Ltd (VEON, Financial), a prominent player in the telecommunication services industry. This transaction not only increased the firm's total holdings in VEON to 93,584,855 shares but also significantly impacted its portfolio, with a 72.01% trade impact at a trading price of $30.42 per share. This strategic move highligh ...
VEON Completes the Sale of Its Stake in TNS+ in Line with Asset-Light Strategy
GlobeNewswire News Room· 2024-09-30 15:45
Amsterdam, 30 September 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator ("VEON" or the "Company"), announces that it has completed the sale of its 49% stake in Kazakh wholesale telecommunications infrastructure services provider, TNS Plus LLP ("TNS+"), to its JV partner, the DAR group of companies, following the receipt of necessary regulatory approvals. The sale was completed today for a total consideration to VEON (including deferred consideration) of USD 137.5 million. ...
VEON Strengthens Group Leadership Team Adding Two Senior Executives to Its Dubai Team
GlobeNewswire News Room· 2024-09-30 13:35
Core Insights - VEON Ltd. has appointed two new senior executives, Anand Ramachandran as Chief of Staff to the Group CEO and Inanc Cakiroglu as Group Chief Information Officer, both based in Dubai [1][2][3] - The company is optimistic about growth and has set an ambitious vision for the next three years, focusing on digital services and consumer and enterprise offerings [2] Executive Appointments - Anand Ramachandran brings nearly three decades of experience in global financial markets and investor relations, previously serving as Vice President of Business Management at Singapore Telecom [2] - Inanc Cakiroglu has over 20 years of experience in technical leadership and business development, joining from mobileLive Canada where he was Director of AI, Analytics and Data [3] Strategic Vision - VEON aims to enhance visibility of its various business verticals to global investors and support growth in its markets [2] - The company's strategic plans and three-year ambitions are publicly available on its website [4] Company Overview - VEON provides digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [4] - The company is headquartered in Amsterdam and is listed on NASDAQ and Euronext [4]
VEON Bonds to Re-Enter CEMBI and JACI Indices
GlobeNewswire News Room· 2024-09-27 05:30
Core Viewpoint - VEON Ltd. is set to have its 2027 Notes included in the J.P. Morgan EM Corporate Indices, marking a significant milestone for the company and enhancing its attractiveness to international investors [1][2]. Company Overview - VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [4]. - The company is headquartered in Amsterdam and is listed on both Nasdaq and Euronext [4]. Industry Context - The J.P. Morgan CEMBI index, which VEON's 2027 Notes will be included in, tracks US-dollar denominated corporate bonds from emerging market companies, consisting of around 80 bonds from 60 issuers across 16 countries [3]. - The J.P. Morgan Asia Credit Index (JACI) serves as a benchmark for liquid, US-dollar denominated debt instruments from the Asia ex-Japan region [3].
VEON General Counsel Omiyinka Doris Named Among Top 15 Legal Leaders by the Financial Times
GlobeNewswire News Room· 2024-09-13 14:00
Amsterdam, 13 September 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services, is delighted to announce that Omiyinka Doris, VEON's Group General Counsel, has been named by the Financial Times (FT) as one of the world's top 15 inhouse legal leaders in FT's annual list. The FT annual list of the world's top company lawyers highlights the achievements of senior in-house lawyers who have excelled at responding to changing demands and ...