1. VEON included in S&P Global BMI and MSCI Ukraine Index. 2. Inclusion enhances visibility to global institutional investors and portfolio allocation. 3. VEON's strong performance and operational momentum drive investor confidence. 4. Successful Kyivstar Nasdaq listing boosts market interest in VEON. 5. Commitment to transparency will deepen investor understanding of VEON's strategy.
FAQ
Why Bullish?
Inclusion in major indices typically increases investor interest and stock demand. Previous instances, like when similar companies joined indices, led to notable stock price appreciation.
How important is it?
The article discusses significant index inclusion, affecting VEON’s access to capital markets. This strategic momentum positively influences investor perception and stock liquidity.
Why Short Term?
Index inclusions often result in immediate buying by index-tracking funds. Recent examples show rapid investment where companies entered major indices.
VEON Strengthens Capital Markets Profile with Inclusion in Global Indices
Dubai, December 10, 2025 – VEON Ltd. (Nasdaq: VEON), a prominent global digital operator, has announced a significant milestone with its inclusion in two major international equity indices. This strategic development enhances VEON’s visibility and accessibility to institutional investors worldwide.
Inclusion in S&P Global Broad Market Index
VEON has been added to the S&P Global Broad Market Index (BMI), following the September 2025 rebalance by S&P Dow Jones Indices. The S&P Global BMI is a vital benchmark for institutional portfolio allocation, encompassing over 11,000 companies from both developed and emerging markets.
Joining the MSCI Ukraine Index
In November 2025, VEON was also included in the newly revised MSCI Ukraine Index. This inclusion reflects VEON’s role, along with its subsidiary Kyivstar, as leading public companies with significant exposure to the Ukrainian economy. It highlights VEON's strong operational performance and resilience in a challenging market.
CEO’s Statement on Growth and Strategy
Kaan Terzioglu, Group CEO of VEON, expressed, “Our inclusion in these key global indices is a testament to VEON’s growing scale, operational momentum, and strengthened financial profile. It broadens our reach to a deeper pool of institutional investors and underscores confidence in our strategy as we continue transforming into a digital operator across high-growth markets.”
Commitment to Operational Efficiency and Growth
This enhanced visibility comes at a time when VEON continues to report robust revenue and profit growth. The company has also been improving operational efficiency and accelerating its transformation into a digital operator. Notably, market interest has been boosted by strategic developments, including the successful Nasdaq listing of its subsidiary Kyivstar.
Engagement with Investors and Market Participants
VEON remains committed to actively engaging with market participants such as index providers, institutional investors, equity analysts, rating agencies, and global exchanges. The company aims to ensure transparent communication about its strategy and operational performance.
About VEON
VEON is a digital operator that delivers converged connectivity and digital services to nearly 150 million connectivity users and 140 million digital users. Operating in five countries with a combined population of over 6% of the world, VEON is dedicated to transforming lives through technology-driven services that empower individuals and foster economic growth. VEON is listed on NASDAQ. For more information, visit VEON's website.
Forward-Looking Statements Disclaimer
This release contains “forward-looking statements” as defined by the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934. These statements include but are not limited to, those regarding VEON’s inclusion in international indices. There are various risks and uncertainties that may lead to actual results differing materially from these statements. A detailed discussion of these risks can be found in the “Risk Factors” section of VEON’s 2024 Form 20-F filed with the SEC on April 25, 2025, and other public filings made by VEON with the SEC.
Contact Information
For further inquiries, please contact:
Hande Asik
Chief Communications and Strategy Officer
pr@veon.com