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Friday, March 3, 2023

Equity Corporate Actions Alert #2023 - 136
(UPDATED: Effective Date established) Information Regarding the Reverse Stock Split, CUSIP Number Change and Ratio Change for VEON Ltd. (VEON)

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  • Industry Announcement

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VEON Ltd. (VEON) will effect a one-for-twenty-five (1-25) reverse split of its American Depositary Shares and a ratio change from one (1) ADS representing one (1) Common Share (1:1) to one (1) ADS representing twenty five (25) Common Shares (1:25). The reverse stock split will become effective on Wednesday, March 8, 2023. In conjunction with the reverse split, the CUSIP number will change to 91822M502.

If you would like to register as a market maker in VEON, contact Nasdaq Trading Services at +1 212 231 5100.

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