VEON Upgraded to Nasdaq Global Select Market, Enhancing Investor Visibility

VEON (Nasdaq: VEON) announced that, effective at the open of trading on December 18, 2025, its American Depositary Shares were transferred from the Nasdaq Capital Market to the Nasdaq Global Select Market, Nasdaq’s highest listing tier.

Rhea-AI Summary

VEON (Nasdaq: VEON) announced that, effective at the open of trading on December 18, 2025, its American Depositary Shares were transferred from the Nasdaq Capital Market to the Nasdaq Global Select Market, Nasdaq’s highest listing tier. The company also noted recent inclusions in the S&P Global Broad Market Index (BMI) and the MSCI Ukraine Index. VEON said the moves improve visibility and accessibility for its shares, support broader engagement with institutional investors and keep ADS ticker, CUSIP, ISIN and shareholder rights unchanged after the transfer.

Positive

• Listing transferred to Nasdaq Global Select Market on Dec 18, 2025
• Included in S&P Global Broad Market Index (BMI)
• Included in the MSCI Ukraine Index
• ADS ticker, CUSIP, ISIN and shareholder rights remain unchanged

Negative

• None.

Argus Dec 18 session

-0.29% close to close Open Argus

Details

News Market Reaction – VEON

On Dec 18, the day this news came out, VEON closed 0.29% below the previous close.

Data tracked by StockTitan Argus for the Dec 18 session.

Historical Context

5 past events · Latest: Dec 16

5 events

1. Dec 16

   Renewable acquisition

   24h Move

   +1.4%

   Kyivstar bought SUNVIN 11 adding 12.9 MW solar capacity in Ukraine.

2. Dec 16

   Earnings schedule

   24h Move

   +1.4%

   Announced dates and times for VEON and Kyivstar FY 2025 results.

3. Dec 15

   Tech/network trial

   24h Move

   +2.4%

   First Starlink Direct to Cell voice/SMS/WhatsApp test in Central Asia.

4. Dec 11

   Fintech license

   24h Move

   +0.1%

   Banglalink gained approval to operate as a payment service provider.

5. Dec 10

   Industry awards

   24h Move

   +0.8%

   Recognition at World Communication Awards for multiple VEON brands.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

american depositary shares, ads, nasdaq global select market, s&p global broad market index, +3 more

7 terms

american depositary shares financial

"its American Depositary Shares (ADSs) listing will be transferred"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

ads financial

"its American Depositary Shares (ADSs) listing will be transferred"

Ads are paid promotional messages a company places across media — online, on TV, in print, or on social platforms — to attract customers, explain products, or shape public perception. For investors, ads matter because they drive sales growth, affect how much a company must spend to win customers, and influence brand strength and long-term value. Ads can also create regulatory or reputational risk if claims are misleading, which can affect profits and stock price.

nasdaq global select market financial

"will be transferred to the Nasdaq Global Select Market of the Nasdaq Stock Market"

A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.

s&p global broad market index financial

"inclusion in the S&P Global Broad Market Index (BMI)"

A broad market index that tracks the performance of a wide range of publicly traded companies across many countries and industries, serving as a yardstick for the global stock market. Think of it as a single thermometer that reads overall market health by combining many individual company prices into one number; investors use it to compare portfolio returns, build low-cost funds, and decide how to split money between regions or sectors.

msci ukraine index financial

"and the MSCI Ukraine Index, which forms part of MSCI’s global equity index"

A stock market index that tracks the performance of a selected group of publicly traded companies in Ukraine, weighted by size and adjusted for how easily shares can be bought and sold. Think of it as a snapshot or basket that summarizes how the Ukrainian stock market is doing overall; investors and fund managers use it as a benchmark to compare returns, build portfolios, and measure country-specific risk and exposure.

cusip financial

"ADSs will maintain the same ticker symbol, CUSIP, ISIN, and shareholder rights"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

isin financial

"ADSs will maintain the same ticker symbol, CUSIP, ISIN, and shareholder rights"

A 12-character International Securities Identification Number (ISIN) is a unique code that acts like a passport for a specific stock, bond or other tradable security so it can be identified worldwide. Investors and systems use it to ensure they are buying, selling and tracking the exact same instrument across exchanges and data feeds, which prevents costly mix-ups and makes portfolio reporting, settlement and regulatory checks simpler and more reliable.

View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Dubai, December 18, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or “the Company”), announces that at the opening of trading today, its American Depositary Shares (ADSs) listing will be transferred to the Nasdaq Global Select Market of the Nasdaq Stock Market (“Nasdaq”).

The Nasdaq Global Select Market represents Nasdaq’s highest listing tier and is reserved for companies that meet more stringent financial and liquidity standards. This transfer reflects VEON’s continued progress in strengthening its financial profile and capital markets presence.

VEON also recently announced its inclusion in the S&P Global Broad Market Index (BMI) and the MSCI Ukraine Index, which forms part of MSCI’s global equity index framework. Together with the Nasdaq Global Select Market transfer, these milestones contribute to improved visibility and accessibility for VEON shares and support broader engagement with global institutional investors.

“Listing on Nasdaq Global Select Market, Nasdaq’s highest market tier, demonstrates VEON’s growing scale and financial discipline. Combined with our recent inclusion in the S&P Global BMI and the MSCI Ukraine Index, this strengthens VEON’s presence in global benchmark frameworks, supporting our Company’s visibility with institutional investors, including with those who allocate capital through benchmarked and index-aware strategies,” said Kaan Terzioglu, VEON Group CEO. “We will continue to deepen investor understanding of our digital operator model, enabling an efficient, well-informed market for VEON securities.”

VEON’s ADSs will maintain the same ticker symbol, CUSIP, ISIN, and shareholder rights following the transfer of its listing from the Nasdaq Capital Market to the Nasdaq Global Select Market.

About VEON 
VEON is a digital operator that provides converged connectivity and digital services to nearly 150 million connectivity and over 140 million digital users. Operating across five countries that are home to more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com.

Forward-Looking Statements Disclaimer
This release contains “forward-looking statements”, within the meaning of the 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. Such forward-looking statements include, but are not limited to, statements relating to the trading of VEON’s ADSs on the Nasdaq and inclusion in indices. There are numerous risks, uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to uncertainty over the trading of VEON’s ADSs on the Nasdaq and inclusion in indices, among others discussed in the section entitled “Risk Factors” in VEON’s 2024 Form 20-F filed with the SEC on April 25, 2025 and other public filings made by VEON with the SEC. The forward-looking statements contained herein speak only as of the date of this release and VEON disclaims any obligation to update them, except as required by law.

Contact Information
VEON
Hande Asik
Chief Communications and Strategy Officer
pr@veon.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does VEON's transfer to Nasdaq Global Select Market mean for investors?

The transfer to Nasdaq Global Select Market on Dec 18, 2025 signals higher listing standards and may improve visibility to institutional investors.

Will VEON's ticker or shareholder rights change after the Nasdaq listing transfer?

No. VEON's ADSs will keep the same ticker, CUSIP, ISIN and shareholder rights following the transfer.

How might VEON's inclusion in the S&P Global BMI affect VEON (VEON) stock demand?

Inclusion in the S&P Global Broad Market Index can increase index-tracking demand and visibility among benchmarked investors.

When did VEON announce the Nasdaq Global Select Market transfer for VEON ADSs?

VEON announced the transfer effective at the opening of trading on December 18, 2025.

Does VEON's addition to the MSCI Ukraine Index change how to trade VEON ADSs?

No trading mechanics change was announced; the inclusion mainly affects index visibility and potential passive flows.