VEON Announces Vesting of Conditional Award to Group CEO Kaan Terzioglu
VEON Ltd. - American Depositary Shares (VEON)
US:NASDAQ Investor Relations:
veon.com/investor-relations
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Source: GlobeNewswire
Amsterdam, 12 September 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the vesting of a conditional incentive award (the “Conditional Award”) to its Group Chief Executive Officer, Kaan Terzioglu. This Conditional Award was made under VEON's 2021 Long Term Incentive Plan (“LTIP”). Award Details and Vesting Conditions On 10 January 2024, Kaan Terzioglu was granted a Conditional Award under the LTIP, comprising 3,201,250 common shares in VEON Ltd and subject to performance targets. The performance targets set out in the award agreement have been successfully met, resulting in the vesting of the award on 30 July 2024. Under the original terms, the common shares under the Conditional Award were scheduled to be released to Mr. Terzioglu within 30 days of vesting. Settlement Terms Due to VEON’s current lack of available securities registered under Form S-8, t
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VEON
Sec Filings
- 9/12/24 - Form 6-K
- 8/30/24 - Form 6-K
- 8/30/24 - Form 6-K
- VEON's page on the SEC website