VEON appoints UHY LLP as auditors for VEON Group's 2024 PCAOB Audit
Rhea-AI Summary
VEON (Nasdaq: VEON, Euronext Amsterdam: VEON) has announced the re-appointment of UHY LLP as their independent registered public accounting firm for the Group's 2024 PCAOB Audit. UHY LLP is part of UHY International, a global network established in 1986 and ranked 19th among international audit networks. UHY International operates in over 330 business centers across 96 countries, serving various organizations including public corporations, private businesses, and non-profit entities.
Positive
- Continuity in audit services through re-appointment of existing auditor
- Selection of a globally recognized accounting firm ranked 19th among international audit networks
Negative
- None.
News Market Reaction – VEON
In the trading session that priced this news, VEON gained 0.87%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Amsterdam and Dubai, 13 November 2024 - VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, ("VEON" or, together with its subsidiaries, the "Group"), announces that the VEON Board of Directors has re-appointed UHY LLP (“UHY”) as the independent registered public accounting firm for the audit of the Group's consolidated financial statements for the year ended December 31, 2024 in accordance with the standards established by the Public Company Accounting Oversight Board, United States (the "PCAOB Audit").
UHY LLP is an independent member of UHY International. Established in 1986 and based in London, UK, UHY International is a leading network of independent accounting and consulting firms with offices in more than 330 major business centres across 96 countries. UHY is currently ranked 19th among the largest international audit, accounting, tax and consultancy networks, working with publicly listed corporations, large and medium-sized companies, privately owned businesses, not-for-profit and public organisations around the world.
About VEON
VEON is a global digital operator provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than
Disclaimer
This release contains "forward-looking statements," as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON's ability obtain a completed audit report from its PCAOB auditor. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.
Contact Information
VEON
Hande Asik
Group Director of Communications & Strategy
pr@veon.com
