VEON Ltd : Dealing in securities
On November 2, 2021, Kaan Terzioğlu, the Group CEO of VEON, purchased 100,000 American Depositary Receipts (ADRs) at a price of USD 2.11, totaling USD 211,480.
Sentiment and the balance of points
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.
Rhea-AI Summary
On November 2, 2021, Kaan Terzioğlu, the Group CEO of VEON, purchased 100,000 American Depositary Receipts (ADRs) at a price of USD 2.11, totaling USD 211,480. This transaction increased his total holdings to 800,000 ADRs. VEON, a global provider of connectivity and internet services, is listed on NASDAQ and Euronext Amsterdam. The acquisition reflects Terzioğlu's confidence in the company's prospects and aligns with the company's strategic initiatives in the connectivity sector.
Positive
- Kaan Terzioğlu's purchase of 100,000 ADRs indicates confidence in VEON's future.
- Total holdings of ADRs by the CEO increased to 800,000, signaling strong insider confidence.
Negative
- None.
Details
News Market Reaction – VEON
The recorded move for VEON in the trading session of this news was -0.97%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AMSTERDAM, Nov. 3, 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 : | 2 November 2021 |
Number of securities purchased : | 100,000 |
Securities type: | ADR |
Market: | NASDAQ |
Market price : | USD 2.11 |
Total value of transaction : | USD 211,480 |
Following this transaction, the total number of ADRs held by Kaan Terzioğlu is 800,000.
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
+31 20 79 77 200
View original content:https://www.prnewswire.com/news-releases/veon-ltd--dealing-in-securities-301414749.html
SOURCE VEON Ltd
FAQ
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