VEON Group Announces Vesting of Share Award for the Group CEO
08 September 2023 - 5:00AM
VEON Group Announces Vesting of Share Award for the Group CEO
VEON Group Announces Vesting of Share Award
for the Group CEO
Amsterdam, 7 September 2023: VEON Ltd.
(NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator
that provides converged connectivity and online services, today
announces vesting of management share awards to Group Executive
Committee member, Group Chief Executive Officer, Kaan Terzioglu as
part of the VEON Group CEO share award announced in September
2022.
The vesting of this share award for the Group
Chief Executive Officer is the second and final tranche of VEON’s
Group CEO share award, which was detailed in our press release
dated 23 September 2022.
A total of 146,490 American Depositary Shares
(“ADS”) vested as part of VEON’s Deferred Share Plan, where each
ADS represents 25 underlying common shares. The ADSs will be
transferred to Mr. Kaan Terzioglu in due course.
Following the vesting and transfer of the ADSs,
the total number of ADSs that will be held by Kaan Terzioglu is
292,522 and the number of common shares held by Kaan Terzioglu is
100,000.
About VEONVEON is a global digital
operator that currently provides converged connectivity and online
services to over 160 million customers in six dynamic markets. We
are transforming people’s lives, empowering individuals, creating
opportunities for greater digital inclusion and driving economic
growth across countries that are home to more than 7% of the
world’s population. Headquartered in Amsterdam, VEON is listed on
NASDAQ and Euronext Amsterdam.
For more information,
visit: https://www.veon.com
DisclaimerThis 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 Group’s share
awards and 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 informationVEON Investor
RelationsFaisal Ghoriir@veon.com
VEON (TG:35V1)
Historical Stock Chart
From Jun 2024 to Jul 2024
VEON (TG:35V1)
Historical Stock Chart
From Jul 2023 to Jul 2024