VEON announces its American Depositary Shares transfer to Nasdaq Global Select Market, enhancing visibility and investor engagement.
Quiver AI Summary
VEON Ltd. announced on December 18, 2025, that its American Depositary Shares (ADSs) will be transferred to the Nasdaq Global Select Market, the highest listing tier on Nasdaq, reflecting the company's improved financial profile and market presence. This transfer comes alongside VEON's recent inclusion in both the S&P Global Broad Market Index and the MSCI Ukraine Index, enhancing the visibility and accessibility of its shares to global institutional investors. CEO Kaan Terzioglu stated that these achievements indicate VEON's growing scale and financial discipline, and the company aims to further educate investors about its digital operations. Following the transfer, VEON’s ADSs will retain their existing ticker symbol and shareholder rights.
Potential Positives
- VEON's transfer to the Nasdaq Global Select Market signifies a strong financial profile, meeting higher standards for listing, which can enhance investor confidence.
- The inclusion in the S&P Global Broad Market Index and the MSCI Ukraine Index increases VEON's visibility and accessibility to a wider range of institutional investors.
- This strategic move is expected to strengthen VEON's position in global benchmark frameworks, facilitating greater engagement with investors focused on indexed strategies.
Potential Negatives
- While the transfer to the Nasdaq Global Select Market is a sign of progress, it highlights that VEON may have previously been on a less prestigious tier, which could suggest past financial instability or difficulties meeting market requirements.
- The mention of risks and uncertainties affecting the trading of VEON’s ADSs and the relevance of their inclusion in indices indicates potential volatility and lack of predictability in the company's future performance.
- The reliance on future visibility and engagement with institutional investors begs the question of whether the current investor interest is insufficient, necessitating these efforts to improve market perception.
FAQ
What is the significance of VEON's NASDAQ listing transfer?
The transfer to the Nasdaq Global Select Market reflects VEON's improved financial profile and commitment to stronger market standards.
How does this transfer benefit VEON investors?
The transfer enhances VEON's visibility and accessibility, attracting more global institutional investors and supporting capital allocation through benchmarked strategies.
What other recognitions has VEON recently achieved?
VEON has been included in the S&P Global Broad Market Index and the MSCI Ukraine Index, boosting its presence in global benchmarks.
Will VEON's shares change after the listing transfer?
No, VEON's ADSs will maintain the same ticker symbol, CUSIP, ISIN, and shareholder rights following the transfer.
Who is the CEO of VEON?
Kaan Terzioglu is the CEO of VEON, emphasizing the company's growth and financial discipline in recent statements.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VEON Hedge Fund Activity
We have seen 54 institutional investors add shares of $VEON stock to their portfolio, and 36 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HELIKON INVESTMENTS LTD removed 949,357 shares (-64.9%) from their portfolio in Q3 2025, for an estimated $51,673,501
- PANVIEW CAPITAL LTD added 413,021 shares (+inf%) to their portfolio in Q3 2025, for an estimated $22,480,733
- MACKENZIE FINANCIAL CORP added 275,677 shares (+inf%) to their portfolio in Q3 2025, for an estimated $15,005,099
- DIAMETER CAPITAL PARTNERS LP removed 164,186 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $7,564,049
- PICTET ASSET MANAGEMENT HOLDING SA added 127,025 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,913,970
- CIBC WORLD MARKET INC. removed 120,270 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $5,540,838
- MILLENNIUM MANAGEMENT LLC added 97,913 shares (+275.3%) to their portfolio in Q3 2025, for an estimated $5,329,404
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Dubai, December 18, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or “the Company”), announces that at the opening of trading today, its American Depositary Shares (ADSs) listing will be transferred to the Nasdaq Global Select Market of the Nasdaq Stock Market (“Nasdaq”).
The Nasdaq Global Select Market represents Nasdaq’s highest listing tier and is reserved for companies that meet more stringent financial and liquidity standards. This transfer reflects VEON’s continued progress in strengthening its financial profile and capital markets presence.
VEON also recently announced its inclusion in the S&P Global Broad Market Index (BMI) and the MSCI Ukraine Index, which forms part of MSCI’s global equity index framework. Together with the Nasdaq Global Select Market transfer, these milestones contribute to improved visibility and accessibility for VEON shares and support broader engagement with global institutional investors.
“Listing on Nasdaq Global Select Market, Nasdaq’s highest market tier, demonstrates VEON’s growing scale and financial discipline. Combined with our recent inclusion in the S&P Global BMI and the MSCI Ukraine Index, this strengthens VEON’s presence in global benchmark frameworks, supporting our Company’s visibility with institutional investors, including with those who allocate capital through benchmarked and index-aware strategies,” said Kaan Terzioglu, VEON Group CEO. “We will continue to deepen investor understanding of our digital operator model, enabling an efficient, well-informed market for VEON securities.”
VEON’s ADSs will maintain the same ticker symbol, CUSIP, ISIN, and shareholder rights following the transfer of its listing from the Nasdaq Capital Market to the Nasdaq Global Select Market.
About VEON
VEON is a digital operator that provides converged connectivity and digital services to nearly 150 million connectivity and over 140 million digital users. Operating across five countries that are home to more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit:
https://www.veon.com
.
Forward-Looking Statements Disclaimer
This release contains “forward-looking statements”, within the meaning of the Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to the trading of VEON’s ADSs on the Nasdaq and inclusion in indices. There are numerous risks, uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to uncertainty over the trading of VEON’s ADSs on the Nasdaq and inclusion in indices, among others discussed in the section entitled “Risk Factors” in VEON’s 2024 Form 20-F filed with the SEC on April 25, 2025 and other public filings made by VEON with the SEC. The forward-looking statements contained herein speak only as of the date of this release and VEON disclaims any obligation to update them, except as required by law.
Contact Information
VEON
Hande Asik
Chief Communications and Strategy Officer
[email protected]
