Kyivstar Announces Pricing of Secondary Offering of Common Shares Held by VEON - Kyivstar Group (NASDAQ:KYIV), VEON (NASDAQ:VEON)

Core Viewpoint - VEON Ltd. has announced the pricing of a public offering of common shares held by its subsidiary Kyivstar Group Ltd., with a total of 12,100,000 shares priced at USD 10.50 each, along with an additional option for underwriters to purchase up to 1,875,000 shares [1][2]. Group 1: Offering Details - The public offering consists of 12,100,000 common shares from VEON Amsterdam B.V. and 400,000 shares from other selling shareholders, with a public offering price set at USD 10.50 per share [1]. - The offering is expected to close on February 2, 2026, pending customary closing conditions [2]. - The underwriters for the offering include Morgan Stanley, Barclays, Cantor, and Rothschild & Co, with Benchmark, StoneX Company, and Northland Capital Markets acting as co-managers [2]. Group 2: Company Background - VEON is a digital operator providing connectivity and digital services to nearly 150 million connectivity users and over 140 million digital users across five countries [5]. - Kyivstar Group Ltd. operates as Ukraine's leading digital operator, offering a wide range of services including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions [6].