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VEON Ltd: Dealing in securities

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On December 1, 2021, VEON Ltd. disclosed a securities transaction involving Erik Aas, CEO of Banglalink. On November 26, 2021, Aas purchased 50,000 ADRs at a market price of USD 1.76, totaling USD 87,795. Post-transaction, Aas holds a total of 250,000 ADRs. VEON is a global provider of connectivity and internet services, listed on NASDAQ and Euronext Amsterdam.

Positive
  • Erik Aas acquired 50,000 ADRs, signaling confidence in VEON's future.
Negative
  • The market price of USD 1.76 reflects potential concerns regarding stock valuation.

AMSTERDAM, Dec. 1, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, hereby makes the following voluntary disclosure regarding dealing in securities by a member of its Group Executive Committee.

Name :                                                   Erik Aas
Position :                                               CEO Banglalink
Date of transaction :                             26 November 2021
Number of securities purchased :        50,000 
Securities type:                                    ADR
Market:                                                 NASDAQ
Market price :                                       USD 1.76
Total value of transaction :                  USD 87,795

Following this transaction, the total number of ADRs held by Erik Aas is 250,000.

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

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

 

Cision View original content:https://www.prnewswire.com/news-releases/veon-ltd-dealing-in-securities-301434740.html

SOURCE VEON Ltd

FAQ

What recent securities transaction did VEON report involving Erik Aas?

VEON disclosed that Erik Aas, CEO of Banglalink, purchased 50,000 ADRs at USD 1.76 on November 26, 2021.

What is the total value of Erik Aas's recent securities purchase?

The total value of Erik Aas's purchase was USD 87,795.

How many ADRs does Erik Aas hold after the recent transaction?

After the transaction, Erik Aas holds a total of 250,000 ADRs.

On which stock exchanges is VEON listed?

VEON is listed on NASDAQ and Euronext Amsterdam.

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