Kyivstar Group Ltd. (NASDAQ: KYIV) registers 7.67M shares and 4.35M warrant shares
Rhea-AI Filing Summary
Kyivstar Group Ltd. registers the resale of up to 7,666,629 Common Shares and up to 4,350,266 Common Shares issuable upon exercise of outstanding public warrants at an exercise price of $11.50 per share. This Supplement updates the March 31, 2026 prospectus and incorporates the Form 6-K reporting the results of the May 12, 2026 Annual General Meeting.
The AGM reported 230,863,624 shares outstanding as of the record date and approximately 209,896,839 shares represented (about 90.92%). Shareholders approved an amendment to Bye-law 56.3, appointed UHY LLP as auditor for 2026, and re-elected all ten director nominees by cumulative voting.
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Key Figures
Registered resale shares: 7,666,629 shares
Shares issuable on warrants: 4,350,266 shares
Warrant exercise price: $11.50
+3 more
6 metrics
Registered resale shares
7,666,629 shares
resale by Selling Securityholders
Shares issuable on warrants
4,350,266 shares
issuable upon exercise of public warrants at $11.50/share
Warrant exercise price
$11.50
exercise price per public warrant
Last reported sale price
$13.92
last reported sale price on Nasdaq as of May 11, 2026
Shares outstanding
230,863,624 shares
outstanding as of Record Date April 13, 2026
Shares represented at AGM
209,896,839 shares
shares represented at the May 12, 2026 AGM (~90.92%)
Key Terms
Prospectus Supplement, Selling Securityholders, cumulative voting, Bye-law 56.3, +1 more
5 terms
Prospectus Supplement regulatory
"This Prospectus Supplement No. 1 (this “Supplement”) updates, amends and supplements the prospectus dated March 31, 2026"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
Selling Securityholders financial
"offer and resale from time to time by the Selling Securityholders of up to 7,666,629 Common Shares"
Selling securityholders are existing owners of a company's stocks or other tradable claims who are offering some or all of their holdings for sale in a public offering or secondary transaction. Investors watch these sellers because large or insider sales can increase the number of shares available, put downward pressure on price, and signal insiders’ views about future prospects—much like many people selling tickets at once can change the market for an event.
cumulative voting corporate governance
"All ten director nominees were re-elected to the Board by cumulative voting"
A voting system for electing a company's board where each shareholder can pool all their votes and cast them for one or more board candidates rather than spreading votes evenly. Think of it like having 100 stickers you can put all on one favorite class representative instead of giving one sticker to each candidate. It matters to investors because it gives minority holders a realistic chance to secure board representation and influence company decisions, affecting governance, strategy and therefore investment value.
Bye-law 56.3 corporate governance
"Shareholders approved the amendment to Bye-law 56.3 of the Company’s Bye-laws to revise and restate such provision"
Form 6-K regulatory
"This Supplement is being filed to update ... with the information contained in our Report on Form 6-K"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
Offering Details
resale/secondary
Offering
Offering Type
resale/secondary
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What securities does Kyivstar (KYIV) register for resale?
Answer: The registration covers up to 7,666,629 Common Shares for resale and up to 4,350,266 Common Shares issuable on exercise of public warrants at $11.50 per share. These amounts are disclosed in the prospectus supplement.
Will Kyivstar receive proceeds from these registered resales?
Answer: The prospectus supplement describes resale by the Selling Securityholders and shares issuable upon warrant exercise. Cash-flow treatment (whether proceeds go to the issuer) is not specified in this supplement.
What were the key AGM voting outcomes disclosed by Kyivstar?
Answer: Shareholders approved an amendment to Bye-law 56.3 and appointed UHY LLP as auditor for fiscal 2026. All ten director nominees were re-elected by cumulative voting, with voting totals shown in the Form 6-K.
What is the exercise price of the warrants referenced in the supplement?
Answer: The public warrants entitle holders to purchase one Common Share at an exercise price of $11.50 per share; the supplement registers the Common Shares issuable upon such exercises.
Filed Pursuant to Rule 424(b)(3)
Registration No. 333-290082
Registration No. 333-290082
PROSPECTUS SUPPLEMENT NO. 1
(to Prospectus dated March 31, 2026)
(to Prospectus dated March 31, 2026)
__________________________________________
KYIVSTAR GROUP LTD.
__________________________________________
4,350,266 COMMON SHARES
7,666,629 COMMON SHARES UNDERLYING WARRANTS
__________________________________________
7,666,629 COMMON SHARES UNDERLYING WARRANTS
__________________________________________
This Prospectus Supplement No. 1 (this “Supplement”) updates, amends and supplements the prospectus dated March 31, 2026 (including any amendments or supplements thereto, the “Prospectus”) which forms a part of our Registration Statement on Form F-1 (File No. 333-290082) (as amended, the “Registration Statement”), related to the offer and resale from time to time by the Selling Securityholders of up to 7,666,629 Common Shares and up to 4,350,266 Common Shares that are issuable upon exercise of our outstanding public warrants to purchase one Common Share at an exercise price of $11.50 per share. Capitalized terms used in this Supplement and not otherwise defined herein have the respective meanings ascribed to them in the Prospectus.
This Supplement is being filed to update, amend and supplement the information previously included in the Prospectus with the information contained in our Report on Form 6-K which was submitted to the U.S. Securities and Exchange Commission (the “SEC”) on May 12, 2026 and is included immediately following the cover page of this Supplement. This Supplement is not complete without, and may not be delivered or utilized except in combination with, the Prospectus, including any amendments or supplements thereto.
This Supplement should be read in conjunction with the Prospectus and if there is any inconsistency between the information in the Prospectus and this Supplement, you should rely on the information in this Supplement. We may further amend or supplement the Prospectus and information in this Supplement from time to time by filing amendments to the Registration Statement or other supplements to the Prospectus, as required.
Our Common Shares are listed on the Nasdaq Global Select Market under the symbol “KYIV.” On May 11, 2026, the last reported sale price of our common shares was $13.92 per share.
Investing in our securities involves a high degree of risk. See “Risk Factors” beginning on page 11 of the Prospectus for a discussion of information that should be considered in connection with an investment in our securities.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus or this Supplement is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this Supplement is May 12, 2026.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the Month of May 2026
Commission File Number: 001-42804
Kyivstar Group Ltd.
(Translation of registrant’s name into English)
Unit 517, Level 5
Index Tower
Dubai International Financial Centre (DIFC)
United Arab Emirates
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
EXPLANATORY NOTE
On May 12, 2026, Kyivstar Group Ltd. (the “Company”) held its 2026 Annual General Meeting of Shareholders (the “AGM”) via teleconference at 12:00 Gulf Standard Time. The record date for the AGM was April 13, 2026 (the “Record Date”). As of the Record Date, there were 230,863,624 common shares outstanding and entitled to vote. A total of 209,896,839 shares (approximately 90.92% of outstanding shares) were represented at the AGM, constituting a quorum.
The following is a summary of the matters voted upon at the AGM and the final voting results for each proposal:
Proposal 1 – Amendment to Bye-law 56.3
Shareholders approved the amendment to Bye-law 56.3 of the Company’s Bye-laws to revise and restate such provision as follows: “The Officers and Senior Executives shall receive such remuneration as the Remuneration Committee of the Board may from time to time determine.” The voting results were as follows:
For | Against | Abstain/Withheld | ||||||
209,818,788 | 62,491 | 15,560 | ||||||
Proposal 2 – Appointment of UHY LLP as Auditor
Shareholders approved the appointment of UHY LLP (“UHY”) as auditor to audit the consolidated financial statements of the Company for the financial year ending December 31, 2026, and authorized the board of directors of the Company (the “Board”) to formalize the engagement and fix the remuneration of UHY as auditor. The voting results were as follows:
For | Against | Abstain/Withheld | ||||||
209,884,119 | 8,908 | 3,812 | ||||||
Proposal 3 – Re-election of Directors
All ten director nominees were re-elected to the Board by cumulative voting. Under cumulative voting, each shareholder multiplied the number of shares held by 10 (the number of directors to be re-elected) and allocated votes among the nominees. The voting results for each nominee were as follows:
Nominee | For | Abstain/Withheld | ||||||
Serdar Çetin | 209,888,115 | 8,724 | ||||||
Betsy Cohen | 209,862,488 | 34,351 | ||||||
Augie K Fabela II | 209,874,092 | 22,747 | ||||||
Rt Hon Sir Brandon Lewis | 209,888,410 | 8,429 | ||||||
Burak Özer | 209,861,743 | 35,096 | ||||||
Duncan Perry | 209,871,948 | 24,891 | ||||||
Michael Pompeo | 209,887,387 | 9,452 | ||||||
Dmytro Shymkiv | 209,875,418 | 21,421 | ||||||
Michiel Soeting | 209,887,683 | 9,156 | ||||||
Kaan Terzioglu | 209,813,857 | 82,982 | ||||||
A copy of the press release announcing the results of the AGM is furnished hereto as Exhibit 99.1.
EXHIBIT INDEX
| Exhibit No. | Description of Exhibit | ||||||||||||||||
| 99.1 | Press Release, dated May 12, 2026 | ||||||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: May 12, 2026 | Kyivstar Group Ltd. | |||||||||||||||||||||||||
| By: | /s/ Kaan Terzioğlu | |||||||||||||||||||||||||
| Name: | Kaan Terzioğlu | |||||||||||||||||||||||||
| Title: | Executive Chairman and Director | |||||||||||||||||||||||||