VEON's Compliance with Regulations Confirmed by Nasdaq After 2023 20-F Filing

2 min read | October 21, 2024 04:16 AM PDT | By Team Kalkine Media

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VEON's Compliance with Regulations Confirmed by Nasdaq After 2023 20-F Filing — Image source: Shutterstock

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Highlights

VEON has confirmed full compliance with Nasdaq listing requirements after filing its 2023 Form 20-F on October 17, 2024.

Nasdaq acknowledged VEON's compliance, resolving a previously granted exception for a delayed filing.

VEON's Group CEO expressed gratitude for Nasdaq's support and reaffirmed the company's commitment to transparency with stakeholders.

VEON (NASDAQ:VEON) Euronext Amsterdam: VEON), a prominent global digital operator, has announced its full compliance with the listing requirements set by Nasdaq. This follows the successful filing of its 2023 Form 20-F on October 17, 2024. In a timely manner, VEON has addressed the issue of a delayed filing, which had previously warranted an exception from Nasdaq. The company had been granted until November 11, 2024, to resolve this matter but achieved compliance nearly a month ahead of the deadline.

Kaan Terzioglu, CEO of VEON Group, expressed appreciation for the support received from Nasdaq, where the company has maintained its listing since 2013. This affirmation of compliance highlights VEON's commitment to transparent communication and governance standards with its stakeholders. Terzioglu emphasized the importance of adhering to regulatory requirements as part of the company's broader strategy to enhance shareholder value.

The timely resolution of the compliance issue signals VEON's commitment to maintaining robust operational standards and effective governance practices. This move not only strengthens the company's standing on the Nasdaq exchange but also reinforces investor confidence in VEON's strategic direction and operational integrity.

Looking ahead, VEON aims to leverage its fully compliant status to explore new avenues for growth and innovation in the digital landscape. The company is focused on enhancing its service offerings and maximizing value for shareholders, further solidifying its position as a leader in the global digital communications sector. As VEON continues to navigate the complexities of the digital marketplace, its commitment to compliance and transparency will remain central to its long-term success.

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