VEON Receives Compliance Extension from Nasdaq for 20-F Report Submission

On the 9th of July, 2024, VEON Ltd. (VEON), a leading global provider of telecommunications and digital services headquartered in Amsterdam, Netherlands, announced receiving an extension from Nasdaq to file its 20-F report. The submission of the 20-F filing, a requirement for continued listing on Nasdaq, presents a key milestone for the company in maintaining its compliance with market regulations.

Nasdaq’s Acceptance of VEON's Compliance Plan

VEON, which is dual-listed on the NASDAQ and Euronext Amsterdam stock exchanges, acknowledged that its compliance plan, originally submitted on May 29, 2024, was accepted by Nasdaq. This acceptance allows the telecommunications giant additional time to file its 20-F report, which is an essential annual filing for foreign private issuers in the United States. The report includes critical financial information, and the extension granted to VEON is an acknowledgement of the company's ongoing efforts to meet Nasdaq's listing requirements.

VEON's Market Presence

VEON Ltd., operating primarily through its various subsidiaries, is known for its diversified telecommunications services that include both fixed line and mobile connectivity. By providing convergent connectivity along with online services, VEON plays a significant role in the global digital economy. The company’s strategic focus is on bridging the digital divide by offering innovative and customer-centered services across its markets.

VEON, Nasdaq, Compliance