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11 Feb 2019
VEON Holdings B.V. submits mandatory tender offer applicatio...
  1. Amsterdam, February 11, 2019 – VEON Holdings B.V. (the “Offeror”), a wholly-owned subsidiary of VEON Ltd. (together with the Offeror, “VEON”), announces that, as set out in a letter from the Egyptian Financial Regulatory Authority (the “FRA”) to the Egyptian Stock Exchange (the “EGX”) dated February 10, 2019, the Offeror has deposited an application to make a public mandatory cash tender offer (the “MTO”) with the FRA in accordance with the provisions of Chapter 12 of the Executive Regulations of the Capital Market Law No. 95 of 1992 for the purchase of up to 1,997,639,608 shares of Global Telecom Holding S.A.E (“GTH”), representing approximately 42.31% of GTH’s issued shares, at a price of EGP 5.30 per share (the “Offer”).

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  2. Amsterdam, 5 February 2019 – VEON Holdings B.V. (the “Offeror”), a wholly-owned subsidiary of VEON Ltd. (together with the Offeror, “VEON”), announces that the Offeror intends to deposit a public mandatory cash tender offer (the “MTO”) with the Egyptian Financial Regulatory Authority (the “FRA”) in accordance with the provisions of Chapter 12 of the Executive Regulations of the Capital Market Law No. 95 of 1992 for the purchase of up to 1,997,639,608 shares of Global Telecom Holding S.A.E (“GTH”), representing approximately 42.31% of GTH’s issued shares, at a price of EGP 5.30 per share (the “Offer”).

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  3. Amsterdam, 4 February 2019 - VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the appointment of Alex Kazbegi as Chief Strategy Officer, effective from 18 February 2019. Alex will join VEON’s Group Executive Committee and report to the Chairman and CEO, Ursula Burns.

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  4. Amsterdam, 24 January 2019 - VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the promotion of Sergey Afonin to CEO of Beeline Uzbekistan, effective from 1 March 2019.

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  5. Amsterdam, 23 January 2019 - VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces that it remains committed to simplifying its corporate structure, including by addressing its strategic relationship with GTH.

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  6. Amsterdam, 17 January 2019 - VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the promotion of Evgeniy Nastradin to CEO of Beeline Kazakhstan, effective from 1 February.

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