VEON Welcomes Letter from its Shareholder Shah Capital, Reiterates Commitment to Shareholder Value Creation
VEONVEON .(VEON) GlobeNewswire News Room·2024-10-22 01:30

Amsterdam and Dubai, 21 October 2024: VEON Ltd. (Nasdaq: VEON; Euronext Amsterdam: VEON), a global digital operator (“VEON” or the “Company”), acknowledges the receipt of a letter from Shah Capital (the “Shah Letter”), a valued long-term shareholder holding approximately 7% of VEON’s shares, to the VEON Board of Directors (“VEON Board”). The letter, which outlines Shah Capital’s views on VEON’s current valuation and suggests a seven-step strategic roadmap to enhance shareholder value, has been reviewed by V ...