VEON Ltd - Dealing in Securities
Rhea-AI Summary
VEON Ltd. disclosed that Group CEO Kaan Terzioglu purchased 100,000 ADRs on September 8, 2021, at a market price of USD 2.15, totaling USD 215,000. Following this transaction, Terzioglu now holds 700,000 ADRs. This voluntary disclosure highlights executive confidence and alignment with shareholder interests, possibly positively influencing investor sentiment.
Positive
- Kaan Terzioglu purchased 100,000 ADRs, reflecting confidence in VEON's future.
- Terzioglu's total holding of 700,000 ADRs may indicate strong alignment with shareholder interests.
Negative
- None.
News Market Reaction – VEON
In the trading session that priced this news, VEON declined 1.35%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AMSTERDAM, Sept. 9, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, hereby makes the following voluntary disclosure regarding dealing in securities by a member of its Group Executive Committee.
Name : Kaan Terzioglu
Position : Group CEO
Date of transaction : 8 September 2021
Number of securities purchased : 100,000
Securities type: ADR
Market: NASDAQ
Market price : USD 2.15
Total value of transaction : USD 215,000
Following this transaction, the total number of ADRs held by Kaan Terzioğlu is 700,000.
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services. For more information visit: www.veon.com.
Contact Information
Investor Relations
Nik Kershaw
ir@veon.com
Tel: +31 20 79 77 200
View original content:https://www.prnewswire.com/news-releases/veon-ltd---dealing-in-securities-301372242.html
SOURCE VEON Ltd