VEON Announces Plan to Move its Headquarters to Dubai International Financial Center
14 October 2024 - 4:00PM
Dubai and Amsterdam, 14 October 2024: VEON Ltd.
(Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator
(“VEON” or the “Group”), today announces that its Board of
Directors has approved a plan to move the VEON Group headquarters
from Amsterdam to Dubai, United Arab Emirates, where VEON’s
expanding operational hub has been located since early 2022.
With the move of its headquarters to its hub in
the Dubai International Financial Centre (DIFC), the Group will
become the largest Nasdaq-listed company with its Group
headquarters in Dubai, which is also home to Nasdaq Dubai.
“Our decision to relocate VEON’s headquarters to
Dubai reflects the strategic realignment of our focus with closer
proximity to our key markets. This move positions us to capitalize
on the vast opportunities Dubai offers, including its proximity to
our operations, access to world-class talent, and enhanced
visibility with a broad base of Gulf investors. We are pleased to
announce this shift as GITEX Global 2024, one of the world’s
premier technology events, kicks off today in Dubai, marking a new
chapter for VEON in a dynamic, thriving market,” said Kaan
Terzioglu, Group CEO of VEON.
VEON is a Nasdaq- and Euronext Amsterdam-listed
company with a global shareholder base. VEON’s Digital Operators
serve 160 million connectivity customers and a total base of 110
million monthly active digital users in the six markets where VEON
operates.
About VEONVEON 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: www.veon.com
Disclaimer 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, VEON’s corporate
strategy. 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. 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.
Contact Information
VEON Hande Asik Group Director of
Communication pr@veon.com
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