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VEON Ltd : Dealing in securities

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On November 2, 2021, Kaan Terzioğlu, the Group CEO of VEON, purchased 100,000 American Depositary Receipts (ADRs) at a price of USD 2.11, totaling USD 211,480. This transaction increased his total holdings to 800,000 ADRs. VEON, a global provider of connectivity and internet services, is listed on NASDAQ and Euronext Amsterdam. The acquisition reflects Terzioğlu's confidence in the company's prospects and aligns with the company's strategic initiatives in the connectivity sector.

Positive
  • Kaan Terzioğlu's purchase of 100,000 ADRs indicates confidence in VEON's future.
  • Total holdings of ADRs by the CEO increased to 800,000, signaling strong insider confidence.
Negative
  • None.

AMSTERDAM, Nov. 3, 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 :                                                           

Kaan Terzioglu

Position :                                            

Group CEO

Date of transaction :                          

2 November 2021

Number of securities purchased :     

100,000

Securities type:                                  

ADR

Market:                                               

NASDAQ

Market price :                                     

USD 2.11

Total value of transaction :                

USD 211,480

 

Following this transaction, the total number of ADRs held by Kaan Terzioğlu is 800,000.

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-301414749.html

SOURCE VEON Ltd

FAQ

What significant transaction occurred on November 2, 2021, involving VEON?

Kaan Terzioğlu, the Group CEO of VEON, purchased 100,000 ADRs at USD 2.11, increasing his total holdings to 800,000.

What was the total value of Kaan Terzioğlu's transaction for VEON on November 2, 2021?

The total value of the transaction was USD 211,480.

What type of securities did Kaan Terzioğlu purchase?

He purchased American Depositary Receipts (ADRs) of VEON.

Where are VEON's stocks listed?

VEON is listed on NASDAQ and Euronext Amsterdam.

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2.32B
1.85B
0.06%
23.35%
0.09%
Telecom Services
Communication Services
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United States of America
Amsterdam