Nasdaq Confirms VEON’s Full Compliance Following its 2023 20-F Filing
VEON (Nasdaq: VEON; Euronext Amsterdam: VEON), a global digital operator, has announced its full compliance with Nasdaq listing requirements following the filing of its 2023 Form 20-F on October 17, 2024. Nasdaq has confirmed VEON's compliance, resolving the previously granted exception for the delayed filing. The company had until November 11, 2024, to remediate the delay but met the condition nearly a month earlier.
VEON Group CEO Kaan Terzioglu expressed appreciation for Nasdaq's support, where VEON has been listed since 2013, and highlighted the company's commitment to transparent communication with investors. He stated that VEON is now fully compliant with its listing requirements and looks forward to unlocking further value for shareholders.
VEON (Nasdaq: VEON; Euronext Amsterdam: VEON), un operatore digitale globale, ha annunciato la sua completa conformità ai requisiti di quotazione di Nasdaq a seguito della presentazione del suo modulo 20-F del 2023 il 17 ottobre 2024. Nasdaq ha confermato la conformità di VEON, risolvendo l'eccezione precedentemente concessa per il deposito tardivo. L'azienda aveva tempo fino all'11 novembre 2024 per sanare il ritardo, ma ha soddisfatto la condizione quasi un mese prima.
Il CEO di VEON Group, Kaan Terzioglu, ha espresso apprezzamento per il supporto di Nasdaq, dove VEON è quotata dal 2013, e ha sottolineato l'impegno dell'azienda per una comunicazione trasparente con gli investitori. Ha dichiarato che VEON è ora completamente conforme ai requisiti di quotazione e si aspetta di sbloccare ulteriori valore per gli azionisti.
VEON (Nasdaq: VEON; Euronext Amsterdam: VEON), un operador digital global, ha anunciado su completa conformidad con los requisitos de cotización de Nasdaq tras la presentación de su formulario 20-F de 2023 el 17 de octubre de 2024. Nasdaq ha confirmado la conformidad de VEON, resolviendo la excepción concedida anteriormente por el retraso en la presentación. La compañía tenía hasta el 11 de noviembre de 2024 para remediar el retraso, pero cumplió la condición casi un mes antes.
El CEO del Grupo VEON, Kaan Terzioglu, expresó su agradecimiento por el apoyo de Nasdaq, donde VEON ha estado cotizando desde 2013, y destacó el compromiso de la empresa con una comunicación transparente con los inversores. Afirmó que VEON ahora está totalmente conforme con sus requisitos de cotización y espera desbloquear un mayor valor para los accionistas.
VEON(Nasdaq: VEON; Euronext Amsterdam: VEON)는 글로벌 디지털 운영자로서, 2024년 10월 17일에 2023년 양식 20-F를 제출한 후 Nasdaq 상장 요건에 완전히 부합한다고 발표했습니다. Nasdaq은 VEON의 준수를 확인했습니다, 이는 이전에 허용된 제출 지연에 대한 예외를 해결한 것입니다. 회사는 2024년 11월 11일까지 지연을 수정할 수 있었으나 거의 한 달 정도 일찍 조건을 충족하였습니다.
VEON Group의 CEO인 Kaan Terzioglu는 2013년부터 VEON이 상장된 Nasdaq의 지원에 감사하며, 투자자와의 투명한 소통에 대한 회사의 의지를 강조했습니다. 그는 VEON이 이제 상장 요건을 완전히 준수하고 있다고 밝혔으며, 주주를 위해 더 많은 가치를 창출할 것으로 기대하고 있습니다.
VEON (Nasdaq : VEON ; Euronext Amsterdam : VEON), un opérateur numérique mondial, a annoncé sa conformité totale aux exigences de cotation de Nasdaq suite au dépôt de son formulaire 20-F pour 2023 le 17 octobre 2024. Nasdaq a confirmé la conformité de VEON, ce qui a permis de lever l'exception accordée précédemment pour le dépôt tardif. La société avait jusqu'au 11 novembre 2024 pour remédier au retard, mais a satisfait à la condition presque un mois plus tôt.
Le PDG du groupe VEON, Kaan Terzioglu, a exprimé sa gratitude pour le soutien de Nasdaq, où VEON est coté depuis 2013, et a souligné l'engagement de l'entreprise envers une communication transparente avec les investisseurs. Il a déclaré que VEON est maintenant complètement conforme aux exigences de cotation et qu'il a hâte de débloquer davantage de valeur pour les actionnaires.
VEON (Nasdaq: VEON; Euronext Amsterdam: VEON), ein globaler digitaler Betreiber, hat seine vollständige Einhaltung der Nasdaq-Listungsvoraussetzungen bekannt gegeben, nachdem am 17. Oktober 2024 das Formular 20-F für 2023 eingereicht wurde. Nasdaq hat die Einhaltung von VEON bestätigt, wodurch die zuvor gewährte Ausnahme für die verspätete Einreichung aufgehoben wurde. Das Unternehmen hatte bis zum 11. November 2024 Zeit, den Rückstand zu beheben, erfüllt jedoch die Bedingung fast einen Monat früher.
Der CEO der VEON Group, Kaan Terzioglu, dankte Nasdaq für die Unterstützung, wo VEON seit 2013 notiert ist, und hob das Engagement des Unternehmens für transparente Kommunikation mit den Investoren hervor. Er erklärte, dass VEON nun vollständig konform mit seinen Listing-Anforderungen ist und gespannt darauf ist, weiteren Wert für die Aktionäre zu schaffen.
- VEON has regained full compliance with Nasdaq listing requirements
- The company filed its 2023 Form 20-F ahead of the November 11, 2024 deadline
- VEON maintains its listing on Nasdaq, where it has been since 2013
- None.
Insights
The confirmation of VEON's compliance with Nasdaq listing requirements is a positive development for the company. By filing its 2023 20-F ahead of the November 11, 2024 deadline, VEON has demonstrated its commitment to transparency and regulatory adherence. This compliance resolves a significant overhang that could have impacted investor confidence.
For investors, this news reduces regulatory risk and uncertainty surrounding VEON's listing status. The timely filing suggests improved internal processes and governance, which are important for a
The CEO's statement about "unlocking further value for shareholders" hints at potential strategic initiatives on the horizon. Investors should watch for upcoming announcements or guidance that could provide insight into VEON's plans for growth and value creation in its global digital operations.
VEON's successful compliance with Nasdaq requirements underscores the importance of robust corporate governance practices. The company's ability to meet the extended filing deadline demonstrates effective management of regulatory obligations, which is important for maintaining investor trust and market access.
However, the need for an extension in the first place raises questions about the company's internal controls and financial reporting processes. Investors should scrutinize the reasons behind the initial delay and assess whether VEON has implemented measures to prevent similar issues in the future.
The timely resolution of this compliance issue may positively impact VEON's reputation and could potentially lead to improved analyst coverage and institutional investor interest. It also reinforces the company's commitment to its Nasdaq listing, which provides liquidity and visibility to a global investor base.
Amsterdam and Dubai, 21 October 2024: VEON Ltd. (Nasdaq: VEON; Euronext Amsterdam: VEON), a global digital operator (“VEON” or the “Company”), today announces that, following the filing of the Company’s Form 20-F for the period ended December 31, 2023 (“2023 20-F”) on October 17, 2024, it has received confirmation from the Nasdaq Stock Market ("Nasdaq") that VEON is now compliant with the Nasdaq listing requirements.
“We have consistently maintained transparent communication with our investors and have diligently fulfilled our obligations. We appreciate the support of Nasdaq, where VEON has been listed since 2013, and the continued confidence of our investors. With this filing, VEON is now fully compliant with its listing requirements, and we look forward to taking the next steps in unlocking further value for our shareholders,” said Kaan Terzioglu, VEON Group CEO.
The Listing Qualifications Department of Nasdaq had previously granted an exception to the Company to remediate the delayed filing of its 2023 20-F by November 11, 2024 – a condition which the Company has met by filing its 2023 20-F filing on October 17, 2024.
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
Contact Information:
Hande Asik
Group Director of Strategy and Communication
pr@veon.com
FAQ
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