VEON Ltd: Dealing in securities

On September 17, 2021, VEON Ltd. disclosed a securities transaction involving Erik Aas, CEO of Banglalink.

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

On September 17, 2021, VEON Ltd. disclosed a securities transaction involving Erik Aas, CEO of Banglalink. On September 9, 2021, Aas purchased 100,000 ADRs of VEON at a market price of USD 2.1982, totaling USD 219,820. Post-transaction, his holdings amount to 200,000 ADRs. This transaction highlights management's confidence in the company's future amid existing market dynamics.

Positive

Erik Aas purchased 100,000 ADRs, indicating confidence in VEON's future.
Post-transaction, Erik Aas holds a total of 200,000 ADRs.

Negative

None.

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The recorded move for VEON in the trading session of this news was +0.45%.

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09/17/2021 - 01:40 AM

AMSTERDAM, Sept. 17, 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 the senior management team at one of the Group's subsidiaries.

Name:	Erik Aas
Position:	CEO Banglalink
Date of transaction:	9 September 2021
Number of securities purchased:	100,000
Securities type:	ADR
Market:	NASDAQ
Market price:	USD 2.1982
Total value of transaction:	USD 219,820