VEON adjusts logistics on proof of holdings for scheme meeting

Chicago, Jan. 17 – VEON Ltd. and VEON Holdings BV tweaked the logistics for voting on the scheme relating to eight-month extensions for its 5.95% notes due in February 2023 and the 7¼% notes due in April 2023, according to a press release.

Noteholders notified the company that certain intermediaries or custodians may not have processed custody instructions for the scheme prior to the custody instruction deadline on Jan. 13.

The company has agreed to accept validly completed voting and proxy forms that are submitted directly to the information agent via the scheme website or by pdf submission to veon@is.kroll.com.

Proof of holding may be provided to the instruction agent directly for any 2023 noteholder holding in Euroclear or Clearstream or DTC who was unable to submit custody instructions to block their 2023 notes in the clearing systems prior to the custody instruction deadline.

Amsterdam-based VEON Ltd. provides mobile and fixed-line telecommunications services through its subsidiaries in emerging markets.

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