Latest news with #VEONLtd
Yahoo
08-05-2025
- Business
- Yahoo
VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman
VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman New York and Dubai, May 8, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ('VEON' or the 'Company'), today held its Annual General Meeting (AGM) in New York City at Nasdaq Stock Market, where the Company is listed. With the AGM, the Company's shareholders approved the recommended slate of seven directors as VEON's incoming Board of Directors (the 'Board'), re-electing the seven directors who served on VEON's Board in the previous term. VEON welcomes back its founder Augie K Fabela II, Andrei Gusev, Rt. Hon. Sir Brandon Lewis CBE, Duncan Perry, 70th U.S. Secretary of State Michael R. Pompeo, Michiel Soeting and VEON Group CEO Kaan Terzioglu to the Board. Following the AGM, the new Board held its inaugural meeting, and re-elected VEON's Founder Augie K Fabela II as the Chairman for a second term. 'I am honored to serve VEON for another term as the Chairman of the Board along with our distinguished directors. We will continue to work with our Group CEO and the Management team to accelerate VEON's growth in dynamic frontier markets, transforming our customers' lives with AI-enabled digital services, cutting-edge technologies and new businesses,' said Augie K Fabela II. 'On behalf of the Board and the Management teams of VEON, I want to thank our shareholders for their support for our Company and for their participation in our AGM. We all look forward to a new term that will take VEON to new heights with our great pioneering spirit, creating value for all our stakeholders.' Holders of approximately 99.5% of VEON Ltd. shares were represented at the AGM. The Company laid before shareholders the report of the Company's auditor and the audited financial statements of the Company for the financial year ended December 31, 2024. Shareholders also approved the re-appointment UHY LLP as external auditor of the Company's financial statements for the financial year ended December 31, 2025, and confirmed the authority of the directors to fix the remuneration of UHY and such other audit firms as shall be necessary for compliance with law and regulation applicable to the Company. The profiles of VEON's Board directors can be found on the Company's website: About VEON VEON is Nasdaq-listed digital operator that provides 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. For more information, visit: 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 are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not anticipate. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to, among other things, the execution of VEON's strategy. 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 Hande Asik Group Director of Communicationspr@ Attachment VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman
Yahoo
08-05-2025
- Business
- Yahoo
VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman
VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as Chairman New York and Dubai, May 8, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator ('VEON' or the 'Company'), today held its Annual General Meeting (AGM) in New York City at Nasdaq Stock Market, where the Company is listed. With the AGM, the Company's shareholders approved the recommended slate of seven directors as VEON's incoming Board of Directors (the 'Board'), re-electing the seven directors who served on VEON's Board in the previous term. VEON welcomes back its founder Augie K Fabela II, Andrei Gusev, Rt. Hon. Sir Brandon Lewis CBE, Duncan Perry, 70th U.S. Secretary of State Michael R. Pompeo, Michiel Soeting and VEON Group CEO Kaan Terzioglu to the Board. Following the AGM, the new Board held its inaugural meeting, and re-elected VEON's Founder Augie K Fabela II as the Chairman for a second term. 'I am honored to serve VEON for another term as the Chairman of the Board along with our distinguished directors. We will continue to work with our Group CEO and the Management team to accelerate VEON's growth in dynamic frontier markets, transforming our customers' lives with AI-enabled digital services, cutting-edge technologies and new businesses,' said Augie K Fabela II. 'On behalf of the Board and the Management teams of VEON, I want to thank our shareholders for their support for our Company and for their participation in our AGM. We all look forward to a new term that will take VEON to new heights with our great pioneering spirit, creating value for all our stakeholders.' Holders of approximately 99.5% of VEON Ltd. shares were represented at the AGM. The Company laid before shareholders the report of the Company's auditor and the audited financial statements of the Company for the financial year ended December 31, 2024. Shareholders also approved the re-appointment UHY LLP as external auditor of the Company's financial statements for the financial year ended December 31, 2025, and confirmed the authority of the directors to fix the remuneration of UHY and such other audit firms as shall be necessary for compliance with law and regulation applicable to the Company. The profiles of VEON's Board directors can be found on the Company's website: About VEON VEON is Nasdaq-listed digital operator that provides 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. For more information, visit: 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 are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not anticipate. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to, among other things, the execution of VEON's strategy. 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 Hande Asik Group Director of Communicationspr@ Attachment VEON Shareholders Re-elect Board at 2025 AGM, Founder Augie Fabela to Serve as ChairmanError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-05-2025
- Business
- Yahoo
VEON to release 1Q 2025 trading update on May 15, 2025
VEON to release 1Q 2025 trading update on May 15, 2025 Dubai, May 2, 2025 – VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the first quarter ended March 31, 2025, at or around 8:00 GST (0:00 EST) on May 15, 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 1Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: Once registered, a registration confirmation will be sent to the email address provided during registration with a link to access the webcast and dial-in details to listen to the conference call over the phone. We strongly encourage you to watch the event through the webcast link, but if you prefer to dial in, please use the dial-in details. Q&A If you want to participate in the Q&A session, we ask that you select the 'Yes' option on the 'Will you be asking questions live on the call?' dropdown. That will bring you to a page where you can join the Q&A room by clicking 'Connect to meeting'. You will be brought into a zoom webinar where you can listen to the presentation and once Q&A begins, if you have a question, please use the 'raise hand button' on the bottom of your zoom screen. When it is your turn to speak, the moderator will announce your name as well as sending a message to your screen asking you to confirm you want to talk. Once accepted, please unmute your mic and ask your question. To enhance engagement with the company's shareholders and facilitate connections with its investors, VEON is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by VEON management during the results conference call. Starting on May 8, 2025, at 8:00 EST, the Q&A platform will become available, and all shareholders will be able to submit and upvote questions for VEON management by visiting: This Q&A platform will remain open until 24 hours before the trading update conference call. Shareholders can email support@ for any support inquiries. You can also submit your questions prior the event to VEON Investor Relations at ir@ We look forward to your participation. 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. For more information visit: DisclaimerThis press 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, expectations regarding management plans and the ability to successfully execute VEON's operating model as well as its governance, strategic and development plans. 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 date or to reflect the occurrence of unanticipated events. Contact informationVEONInvestor Relationsir@
Yahoo
02-05-2025
- Business
- Yahoo
VEON to release 1Q 2025 trading update on May 15, 2025
VEON to release 1Q 2025 trading update on May 15, 2025 Dubai, May 2, 2025 – VEON Ltd. (NASDAQ: VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the first quarter ended March 31, 2025, at or around 8:00 GST (0:00 EST) on May 15, 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 1Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: Once registered, a registration confirmation will be sent to the email address provided during registration with a link to access the webcast and dial-in details to listen to the conference call over the phone. We strongly encourage you to watch the event through the webcast link, but if you prefer to dial in, please use the dial-in details. Q&A If you want to participate in the Q&A session, we ask that you select the 'Yes' option on the 'Will you be asking questions live on the call?' dropdown. That will bring you to a page where you can join the Q&A room by clicking 'Connect to meeting'. You will be brought into a zoom webinar where you can listen to the presentation and once Q&A begins, if you have a question, please use the 'raise hand button' on the bottom of your zoom screen. When it is your turn to speak, the moderator will announce your name as well as sending a message to your screen asking you to confirm you want to talk. Once accepted, please unmute your mic and ask your question. To enhance engagement with the company's shareholders and facilitate connections with its investors, VEON is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by VEON management during the results conference call. Starting on May 8, 2025, at 8:00 EST, the Q&A platform will become available, and all shareholders will be able to submit and upvote questions for VEON management by visiting: This Q&A platform will remain open until 24 hours before the trading update conference call. Shareholders can email support@ for any support inquiries. You can also submit your questions prior the event to VEON Investor Relations at ir@ We look forward to your participation. 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. For more information visit: DisclaimerThis press 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, expectations regarding management plans and the ability to successfully execute VEON's operating model as well as its governance, strategic and development plans. 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 date or to reflect the occurrence of unanticipated events. Contact informationVEONInvestor Relationsir@ in to access your portfolio
Associated Press
27-03-2025
- Business
- Associated Press
VEON Returns to Capital Markets with Successful Syndication of USD 210 Million Term Loan
Dubai, March 27, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, today announces the successful syndication of a 24-month, USD 210 million senior unsecured term loan under a new facility agreement from a consortium of international lenders, including ICBC Standard Bank and leading GCC banks. 'I am pleased to mark VEON's return to the capital markets with the successful syndication of this new USD 210 million term loan from a group of leading international banks and investors. This new debt facility reflects the market's strong confidence in VEON's strategy, financial health, and future. The new financing not only strengthens our liquidity position but also reinforces our commitment to executing on our digital operator strategy to deliver growth and long-term value creation for all stakeholders,' said VEON Group CEO Kaan Terzioglu. 'This new HQ-level syndicated loan is a testament to VEON's strong relationships with our banks and other financial partners. It will significantly enhance the Group's financial flexibility and strengthen our overall financial position,' said VEON Group CFO Burak Ozer. The facility will bear interest at SOFR plus 425 bps. 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. For more information visit: 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. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements relating to VEON's commercial and investment plans, VEON's ability to satisfy upcoming maturities and refinance its existing debt, and the expectation that VEON will be able to secure additional financing in the future. These statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause VEON's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements in this press release. 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. There can be no assurance that the initiatives referred to above will be successful. VEON Hande Asik
