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VEON Announces The Shevchenkivskyi District Court Of Kyiv Has Ruled In Favor Of A Request To Unfreeze 47.85% Of Its Corporate Rights In Kyivstar And 100% Of Corporate Rights In Its Other Ukrainian Subsidiaries

Benzinga ·  Nov 30 00:59

VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Company"), is pleased to announce that the Shevchenkivskyi District Court of Kyiv has ruled in favor of a request to unfreeze 47.85% of VEON's corporate rights in Kyivstar and 100% of VEON's corporate rights in its other Ukrainian subsidiaries (Ukraine Tower Company, Kyvistar Tech and Helsi). The decision fully removes the restrictions on VEON's corporate rights imposed by the Ukrainian courts on our wholly owned subsidiary Kyivstar and our other Ukrainian subsidiaries.

VEON underscored its commitment to Ukraine as it announced the consolidation of its trading on Nasdaq on 25 November 2024.

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