1. VEON's ADS listing transferred to Nasdaq Global Select Market. 2. Transfer reflects improved financial strength and visibility for VEON. 3. VEON included in S&P Global BMI and MSCI Ukraine Index. 4. Company promotes its digital operator model to investors. 5. Maintains same ticker symbol after market tier upgrade.
FAQ
Why Bullish?
The listing upgrade may attract institutional investors, enhancing demand for VEON shares.
How important is it?
The news signifies a strong positioning in capital markets, likely driving share price positively.
Why Long Term?
Continued institutional interest could support sustained share price growth.
VEON Upgraded to Nasdaq Global Select Market, Enhancing Investor Visibility
Dubai, December 18, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, has announced that its American Depositary Shares (ADSs) will transition to the Nasdaq Global Select Market today. This prestigious move marks a significant milestone as the Nasdaq Global Select Market is recognized as Nasdaq’s highest listing tier, reserved for companies meeting strict financial and liquidity criteria.
Details of the Nasdaq Listing Upgrade
The transfer to the Nasdaq Global Select Market signifies VEON's ongoing efforts to enhance its financial profile and strengthen its presence in the capital markets. This upgrade follows VEON's recent inclusion in both the S&P Global Broad Market Index (BMI) and the MSCI Ukraine Index, further solidifying its visibility and accessibility for investors.
- Market Upgrade: VEON’s ADSs will be listed on Nasdaq’s top tier.
- Recent Indices Inclusion: VEON is now part of the S&P Global BMI and MSCI Ukraine Index.
- Same Ticker Symbol: VEON will maintain its existing ticker symbol, CUSIP, ISIN, and shareholder rights post-transfer.
CEO's Insights on the Transition
Kaan Terzioglu, CEO of VEON, expressed his enthusiasm regarding the upgrade: “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.” Terzioglu emphasized that this upgrade will facilitate greater engagement with institutional investors, particularly those who operate with index-aware strategies.
About VEON
VEON is a digital operator providing integrated connectivity and digital services to nearly 150 million customers across five countries. These countries encompass over 6% of the world's population, and VEON is dedicated to transforming lives through technology-driven services that promote individual empowerment and economic growth.
VEON remains committed to enhancing its position on relevant financial platforms, ensuring that it stays at the forefront of the digital connectivity sector. For more information, visit VEON's official website.
Forward-Looking Statements Disclaimer
This release includes forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934. These statements, including those related to trading on Nasdaq and indices inclusion, are subject to risks and uncertainties that may cause actual results to differ from expectations. Detailed discussions regarding these risks can be found in the “Risk Factors” section of VEON’s 2024 Form 20-F filed with the SEC. The forward-looking statements in this release speak as of the date of issuance, with VEON disclaiming any obligation to update them as required by law.
Contact Information
For inquiries, please contact:
Hande Asik
Chief Communications and Strategy Officer
Email: pr@veon.com