21 Nov 2024
VEON on Track to Consolidate Trading on Nasdaq in New York, Last Day on Euronext Amsterdam is Tomorrow Amsterdam and Dubai, 21 November 2024: VEON Ltd. (Nasdaq: VEON; Euronext Amsterdam: VEON), a global digital operator ( VEON or the Company ), today confirms that, as previously announced, its shares will cease trading on the Euronext Amsterdam at the close of trading tomorrow, 22 November 2024 (the Last Trading Date ), and that the delisting of its common shares from trading on Euronext Amsterdam (the Euronext Amsterdam Delisting ) will be effective from Monday, 25 November 2024.
As it moves to consolidate the trading of its shares on the Nasdaq Capital Market ( Nasdaq ), VEON has also extended by two weeks, until 6 December 2024, its offer to pay ADS issuance fees for shareholders who deposit their Common Shares with the Company's depositary, The Bank of New York Mellon, in exchange for delivery of ADSs. This extension of fees will have no impact on the Last Trading Date, but will be available for shareholders that continue to hold common shares after the Euronext Amsterdam Delisting and wish to convert such shares to ADSs.
Our strategic transition to Nasdaq as our exclusive listing venue is right on track and tomorrow marks the final day of trading for VEON shares on Euronext Amsterdam, said Kaan Terzioglu, VEON Group CEO. We are thrilled to welcome our shareholders who have already converted their shares to ADSs and eagerly anticipate all VEON trading being consolidated on Nasdaq starting Monday, November 25th.
On or before the Last Trading Date, shareholders that do not hold a number of Common Shares corresponding to a multiple of 25 can sell or purchase Common Shares so that they hold a number of Common Shares that is a precise multiple of 25, allowing for the issue of the corresponding number of ADSs.
Existing holders of ADSs not also holding Common Shares on Euronext Amsterdam do not need to take any action in relation to the Euronext Amsterdam Delisting.
VEON investors can access further information on the delisting process on VEON's website: www.veon.com/investors.
About VEON
VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on Nasdaq and Euronext. For more information visit: https://www.veon.com.
Disclaimer
This announcement shall not constitute an offer to sell or the solicitation of an offer to buy the Common Shares or ADSs, nor shall there be any sale of the Common Shares or ADSs in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities described in this announcement have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements.
This announcement does not form part of an offer of transferable securities to the public in the Netherlands and no prospectus has been, or is required to be, submitted to the AFM for approval.
Forward-looking statements
This release contains forward-looking statements , as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, the Company's Euronext Amsterdam Delisting timetable. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate, including the important factors discussed under the caption Risk Factors in VEON's annual report on Form 20-F for the year ended 31 December 2023, which is on file with the U.S. Securities and Exchange Commission (SEC) and is available on the SEC website at www.sec.gov. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. There can be no assurance that the initiatives referred to above will be successful.
Contact Information
Hande Asik
Group Director of Communications
pr@veon.com
Faisal Ghori
Group Director of Investor Relations
ir@veon.com
Europe Stories
09/12/2024
Dalet, a leading technology and service provider for media-rich organizations, today announced that it has been named an IDC Innovator in the IDC Innovators: ...
22/11/2024
The broadcasting regulator, Coimisi n na Me n has removed the traditional broadcast
Moratorium for television and radio.
In the past, this applied from 14:00 ...
21/11/2024
Neneh Cherry, a musical trailblazer for more than three decades, is full of stor...
21/11/2024
Since launching our audiobooks offering, we've continuously upped our game on designing a user experience that provides seamless and engaging listening. You...
21/11/2024
1ST SEPTEMBER 2024
PAG Ltd. UK, the creator of innovative, high-end portable power systems for the film and television industry, has announced the introduction...
21/11/2024
1ST SEPTEMBER 2024
PAG Ltd. UK, the creator of innovative, high-end, portable power systems for the film and television industry, has announced the introductio...
21/11/2024
The company cited significant challenges facing our industry in 2024 as the reason for the decision
By Jenny Priestley
Published: November 21, 2024
The co...
21/11/2024
21 Nov 2024
VEON on Track to Consolidate Trading on Nasdaq in New York, Last Da...
21/11/2024
21 Nov 2024
VEON Publishes 2023 Dutch Annual Report for VEON Holdings B.V. with...
21/11/2024
THE VICAR OF DIBLEY CELEBRATES 30 YEARS, WITH UNVEILING OF GIANT STAINED-GLASS INSPIREDART INSTALLATION
Installation includes hidden clues of the show's be...
21/11/2024
New Chief Operating Officer at Rohde & Schwarz Effective November 1, 2024, Markus Fischer, currently Executive Vice President Operations, has been appointed t...
21/11/2024
Since the release of her 2015 debut EP Running with the Wolves, Norwegian singer, songwriter, and producer AURORA has captivated global audiences with her ether...
21/11/2024
Billie Eilish was announced today as Apple Music's Artist of the Year, recognising the singer-songwriter's extraordinary impact throughout 2024....
21/11/2024
Here is your host, Patrick Kielty!
Bad Sister Sharon Horgan will sit down with ...
21/11/2024
Congratulations to our newsroom colleague Yvonne Murray who was recently announced as an award finalist by the United Nations Correspondents Association. The UN...
21/11/2024
Facebook
Twitter
LinkedIn
Les quipes de cortAIx, l'acc l rateur d'...
20/11/2024
Visit ToolsOnAir at HAMBURG OPEN 2025 January 15-16, 2025
The ToolsOnAir team is looking forward to meeting you in person at HAMBURG OPEN 2025 in Hamburg f...
20/11/2024
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...
20/11/2024
The awards showcase women who are stand out performers in the broadcast media technology sector
By Matthew Corrigan
Published: November 20, 2024 Updated: ...
20/11/2024
Against a backdrop of broadcast companies finding it increasingly hard to recruit engineers and technicians, a wealth of initiatives tackling everything from VF...
20/11/2024
Facebook
Twitter
LinkedIn
As part of the challenge organised by Frances De...
20/11/2024
20 Nov 2024
VEON's Kyivstar Acquires New Spectrum, Investing UAH 1.4 Billio...
20/11/2024
Comscore Awarded US Patent for Person-Level TV Audience Measurement, Transformin...
20/11/2024
Shazam has now officially surpassed over 100 billion song recognitions since it launched. To help put that into perspective:...
19/11/2024
(11:18 AM) Wiesbaden, November 19, 2024. The Supervisory Board of SGL Carbon SE decided in its meeting today to appoint Andreas Klein as Chief Executive Officer...
19/11/2024
The Supervisory Board of SGL Carbon SE decided in its meeting today to appoint A...
19/11/2024
The new site expands Harbors dailies capability and includes an HDR grading and screening room
By Matthew Corrigan
Published: November 19, 2024
The new si...
19/11/2024
Ancora suggested Ciena, a networking systems and software company, as a possible suitor. Harmonic chairman Patrick Gallagher sits on the boards of both companie...
19/11/2024
19 Nov 2024
GSMA brings M360 Eurasia to Tashkent in partnership with Beeline Uz...
19/11/2024
Sky unveils official trailer for 2024 Christmas special Bad Tidings' starri...
19/11/2024
Blindboy Boatclub interrogates the legacy of early Irish Christianity in Blindbo...
18/11/2024
The plans include five temporary workshops and a temporary backlot at the aerodrome site
By Matthew Corrigan
Published: November 18, 2024 Updated: November...
18/11/2024
Six colourists were celebrated at the November 17th event
By Matthew Corrigan
Published: November 18, 2024
Six colourists were celebrated at the November ...
18/11/2024
Comments made by MediaForEurope have fuelled speculation around a possible takeo...
18/11/2024
Akamai has also acquired non-exclusive license rights to Edgios patent portfolio
By Jenny Priestley
Published: November 18, 2024 Updated: November 20, 2024...
18/11/2024
FOX Sets January Premiere Dates, with Spotlight on Series Debuts of Going Dutch ...
18/11/2024
CANAL Polska expands playout capability with Cinegy Solutions
CANAL Polska Control Room
Munich, Germany 18th November 2024 Cinegy, a premier provider of...
18/11/2024
Sky and Prime Video extend multi-year dealMonday 18 November 2024
Sky and Amazon today announced a new extension of their long-term collaboration that will see...
18/11/2024
Sky Cinemas new Christmas advert celebrates connection, joy and the power of fes...
18/11/2024
SPREADING THE NEWS
RT partners with Abbey Theatre to mark 120 years with speci...
18/11/2024
As part of RT 's comprehensive coverage of the General Election 2024 campaig...
18/11/2024
Facebook
Twitter
LinkedIn
Thales and NATO Support and Procurement Agency (...
17/11/2024
Six colourists crowned 2024 winners as the art of colour grading is celebrated at EnergaCAMERIMAGE 2024...
15/11/2024
Since launching in Canada in 2014, Spotify has been the go-to audio platform for Canadians while also providing a home for artists, creators, authors, and liste...
15/11/2024
The appointments strengthen CANAL 's ESG approach and underline its importance, said the company
By Matthew Corrigan
Published: November 15, 2024
The ...
15/11/2024
Danielle Scivill, sports producer / OB production manager at Vivid tells TVBEurope how a fascination with storytelling has been a key asset in her career
By Ma...
15/11/2024
15 Nov 2024
VEON Receives License for its Branch Office in Dubai International ...
15/11/2024
As global leaders gather for COP29, Technicolor Group is making bold strides in sustainability, diversity, and community empowerment. In a recent LinkedIn Live ...
15/11/2024
We're mid-way through November so it's the perfect time to take a beat a...
21 Nov 2024
