VEON Ltd. announced on November 25, 2024, the consolidation of its share trading exclusively on the Nasdaq Capital Market in New York. Effective from this date, VEON's common shares are no longer listed or traded on Euronext Amsterdam.
This strategic move aims to enhance trading liquidity and simplify reporting requirements for the company. Group CEO Kaan Terzioglu stated that as a US-listed company, VEON offers investors a unique opportunity to participate in the growth of dynamic frontier markets.
The company's common shares continue to be traded on Nasdaq as American Depositary Shares (ADSs) under the ticker symbol VEON. This consolidation is part of VEON's broader strategy, which also includes the decision to move its Group headquarters to Dubai, bringing it closer to its Central and South Asian markets.
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