Mikhail Fridman steps down from VEON Board

Rhea-AI Summary

VEON Ltd. announced the resignation of Mr. Fridman from its Board of Directors, effective February 28, 2022. This change may impact the corporate governance of the company, as Fridman has been a significant figure within the organization. The press release includes standard disclaimers regarding forward-looking statements and inside information under relevant regulations.

For more information, visit the company's official website.

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• Resignation of a key board member may affect company governance and strategic decisions.

AMSTERDAM, March 1, 2022 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announced that Mr. Fridman has resigned as a director of the VEON Board (the "Board") with effect from 28 February 2022.

Disclaimer
This press release may contain "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. 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. Furthermore, elements of this release contain or may contain, "inside information" as defined under the Market Abuse Regulation (EU) No. 596/2014.

About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services. For more information visit: www.veon.com.

Contact Information
VEON
Investor Relations
Nik Kershaw
ir@veon.com
+31 20 79 77 200

 

 

View original content:https://www.prnewswire.com/news-releases/mikhail-fridman-steps-down-from-veon-board-301492600.html

SOURCE VEON Ltd

FAQ

Who resigned from the VEON Board?

Mr. Fridman resigned from the VEON Board effective February 28, 2022.

When did Mr. Fridman step down from VEON?

Mr. Fridman stepped down from VEON on February 28, 2022.

What is the impact of Mr. Fridman's resignation on VEON?

His resignation may impact corporate governance and strategic oversight within VEON.

What does VEON do?

VEON is a global provider of connectivity and internet services, listed on NASDAQ and Euronext Amsterdam.