VEON director reports 90,000 ADS holding

VEON Ltd. director Perry Duncan has filed an initial Form 3 reporting his beneficial ownership in the company.

Rhea-AI Filing Summary

VEON Ltd. director Perry Duncan has filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows direct ownership of 90,000 American Depositary Shares, establishing his starting stake as a reporting insider. The entry reflects a holdings report rather than a new buy or sell transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Perry Duncan

Role Director

Type	Security	Shares	Price	Value
holding	American Depositary Shares	--	--	--

Holdings After Transaction: American Depositary Shares — 90,000 shares (Direct)

Key Figures

ADS owned: 90,000 American Depositary Shares

1 metrics

ADS owned 90,000 American Depositary Shares Total shares beneficially owned following reported holdings entry

Key Terms

American Depositary Shares, Form 3, beneficial ownership

3 terms

American Depositary Shares financial

"security_title: "American Depositary Shares""

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.

Form 3 regulatory

"INSIDER FILING DATA (Form 3)"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

beneficial ownership financial

"initial Form 3 reporting his beneficial ownership in the company"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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

What does Perry Duncan's Form 3 filing for VEON indicate?

The Form 3 filing shows that director Perry Duncan beneficially owns 90,000 American Depositary Shares of VEON. This is an initial ownership report required when someone becomes an insider, not a disclosure of a new trade.

How many VEON American Depositary Shares does Perry Duncan own?

Perry Duncan is reported to directly own 90,000 American Depositary Shares of VEON. This figure is listed as the total number of shares beneficially owned following the reported holdings entry on the Form 3.

Does the VEON Form 3 for Perry Duncan show any recent insider trades?

The Form 3 reflects a holdings entry rather than a purchase or sale. It lists 90,000 American Depositary Shares owned after the reporting date, without indicating any specific buy or sell transaction code.

Is Perry Duncan a director or officer of VEON according to the Form 3?

The Form 3 identifies Perry Duncan as a director of VEON and not as an officer. It marks him as a reporting person with direct ownership of VEON American Depositary Shares, triggering the initial beneficial ownership disclosure.

What ownership type is reported for Perry Duncan's VEON shares?

The filing shows direct ownership of the VEON American Depositary Shares, coded as "D". This means the 90,000 reported shares are held directly in his name, rather than indirectly through another entity or account.

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

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Accepted by SEC EDGAR 06/01/2026 - 10:02 AM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Perry Duncan

(Last) (First) (Middle)

INDEX TOWER (EAST TOWER), UNIT 1703

DUBAI (DIFC)

(Street)

DUBAI 00000

(City) (State) (Zip)

UNITED ARAB EMIRATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
05/29/2026

3. Issuer Name and Ticker or Trading Symbol
VEON Ltd. [ VEON ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depositary Shares	90,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.

	/s/ Charles Alex Gish, as Attorney-in-Fact	05/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)