Nasdaq Confirms VEON’s Full Compliance Following its 2023 20-F Filing
Rhea-AI Summary
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.
Positive
- 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
Negative
- None.
News Market Reaction
On the day this news was published, VEON gained 6.96%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
When did VEON file its 2023 Form 20-F?
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