VEON Board member steps down
On July 15, 2021, VEON Ltd. (NASDAQ: VEON) announced the resignation of director Stephen Pusey, who has served on the Board since June 2020. Mr. Pusey will focus on other commitments, and the Board plans to fill his position soon. Gennady Gazin, the Chairman, expressed gratitude for Pusey's contributions. The company stated that forward-looking statements in the release involve inherent risks and uncertainties, emphasizing the ever-changing nature of the business landscape.
- Expected fresh perspectives with the appointment of a new director.
- Concerns regarding continuity and potential experience gaps following the departure of a board member.
AMSTERDAM, July 15, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON), (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announced that Stephen Pusey has stepped down as a director from the VEON Board (the "Board"). Mr. Pusey, who has been on the Board since June 2020, will be focusing on other commitments. Gennady Gazin, Chairman of the Board, said: "We thank Steve, who is a recognized leader in the industry, for his many valuable contributions to the Company." The Board intends to fill the vacancy created and this will be announced in due course.
Disclaimer
This 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 operating model, governance 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. 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
Tel: +31 20 79 77 200
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SOURCE VEON Ltd
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