Notice of Scheme Convening Hearing
16/12/2022
Notice of Scheme Convening Hearing Amsterdam, Netherlands, 16 December 2022 13:30 CET: Further to the announcement issued by VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON) and its subsidiary, VEON Holdings B.V. (the Company ), on 24 November 2022 regarding the launch of a scheme of arrangement by the Company in respect of the 2023 Notes (the Scheme ) via the issuance of a Practice Statement Letter (the Initial Practice Statement Letter ) and the announcement on 9 December 2022 regarding the issuance of a supplemental Practice Statement Letter, notice is hereby given that the Scheme Convening Hearing is scheduled take place before Mr Justice Zacaroli in The Rolls Building no earlier than 10:30 a.m. (London time) on 20 December 2022 at the Royal Courts of Justice, 7 Rolls Building, Fetter Lane, London EC4A 1NL.
The exact time and location is to be confirmed and published by the Court on 19 December 2022 on the Business and Property Courts Rolls Building Cause List, which can be accessed via the following link: https://www.gov.uk/government/publications/business-and-property-courts-rolls-building-cause-list/business-and-property-courts-of-england-and-wales-cause-list#insolvency--companies-court-list-chancery-division.
At the Scheme Convening Hearing, the Company will seek an order granting it certain directions in relation to the Scheme in respect of its 2023 Notes, including permission to convene a meeting for the Scheme Creditors of the 2023 Notes issued by the Company for the purpose of considering, and, if thought fit, approving the Scheme.
Any Scheme Creditor is entitled to attend the Scheme Convening Hearing to make representations to the Court, or to instruct counsel to attend the Scheme Convening Hearing and to make representations to the Court on their behalf.
Scheme Creditors may attend the Scheme Convening Hearing remotely via webinar, but will only be able to make representations if they attend in person at Court.
Scheme Creditors who wish to attend the Scheme Convening Hearing and make representations, or who wish to instruct counsel to attend the Scheme Convening Hearing and to make representations to the Court on their behalf, should contact the Court or Kroll Issuer Services Limited (as the Company's information agent) by email to veon@is.kroll.com, in each case with copy to Akin Gump LLP (as the Companys counsel on the Scheme) by email to AkinProjectVerona@akingump.com, specifying their name and email address and, if applicable, the name and email address of their counsel. Those Scheme Creditors wishing to attend the Scheme Convening Hearing remotely via webinar will need to email AkinProjectVerona@akingump.com by no later than 12:00 p.m. (midday) (London time) on 19 December 2022 with the email address that they would like to use to dial into the Scheme Convening Hearing. The relevant link will then be provided to the Scheme Creditor directly by the Court.
Capitalised terms used but not defined in this announcement have the meaning given to them in the Initial Practice Statement Letter, which is available on the Scheme Website at https://deals.is.kroll.com/veon.
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and digital services. Our companies are transforming lifestyles through technology-driven services that empower opportunity in some of the world's fastest-growing emerging markets. For more information, visit: https://www.veon.com
Disclaimer
This release contains forward-looking statements, as the phrase is defined in 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. Forward-looking statements are not historical facts, and include statements relating to, among other things, the potential benefits of the appointment described above. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. Furthermore, elements of this release contain or may contain, inside information as defined under the Market Abuse Regulation (EU) No. 596/2014.
Contact information
VEON
Group Director Investor Relations
Nik Kershaw
bonds@veon.com
This website stores cookies on your computer. These cookies are used to improve vour website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy
We wont track your information when you visit our site. But in order to comply with your preferences, well have to use just one tiny cookie so that youre not asked to make this choice again.
AcceptDecline
LINK: | https://www.veon.com/media/media-releases/2022/veon-ltd-and-veon-holdi... |
See more stories from vimpel |
More from VimpelCom
12/04/2024
VEON management increases share ownership
12 Apr 2024 VEON management increases share ownership Amsterdam, 12 April 2024 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator ...
28/03/2024
VEON Pays Back Outstanding Balance and Cancels its Revolving Credit Facility
28 Mar 2024 VEON Pays Back Outstanding Balance and Cancels its Revolving Credit Facility Amsterdam, 28 March 2024, 09.30 CET - VEON Ltd. (Nasdaq: VEON, Euronex...
26/03/2024
VEON announces sale of stake in Beeline Kyrgyzstan, increasing the focus on its large markets
26 Mar 2024 VEON announces sale of stake in Beeline Kyrgyzstan, increasing the ...
21/03/2024
VEON 4Q23 trading update: Strong organic growth in revenue and EBITDA, solid execution of VEON 2.0 strategy
21 Mar 2024 VEON 4Q23 trading update: Strong organic growth in revenue and EBIT...
18/03/2024
Banglalink Gets Unified Licence to Deliver Superior Digital Services in Bangladesh
18 Mar 2024 Banglalink Gets Unified Licence to Deliver Superior Digital Service...
14/03/2024
VEON appoints PwC as 2023 auditors, provides updates on reporting timelines
14 Mar 2024 VEON appoints PwC as 2023 auditors, provides updates on reporting timelines Amsterdam, Netherlands, 14 March 2024, 17:00 CET: VEON Ltd. (Nasdaq: VE...
11/03/2024
VEON to Hold Capital Markets Day on June 6, 2024
11 Mar 2024 VEON to Hold Capital Markets Day on June 6, 2024 Amsterdam, 11 March 2024: VEON (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator...
04/03/2024
MSCI upgrades VEON to 'AA' ESG Rating
04 Mar 2024 MSCI upgrades VEON to AA ESG Rating Amsterdam, 4 March 2024: VEON (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides...
01/03/2024
VEON announces the issuance of previously authorized shares representing approximately 4.99% of total share capital
01 Mar 2024 VEON announces the issuance of previously authorized shares represe...
29/02/2024
VEON's Kyivstar Awarded Best Mobile Innovation Supporting Emergency or Humanitarian Situations at GLOMOs
29 Feb 2024 VEON's Kyivstar Awarded Best Mobile Innovation Supporting Emer...
27/02/2024
VEON launches ROX, its digital-first brand in Pakistan
27 Feb 2024 VEON launches ROX, its digital-first brand in Pakistan ROX to provide Pakistan's digital-first generation with integrated content and services ...
26/02/2024
Rakuten Symphony and Kyivstar Sign Letter of Intent to Deploy Open RAN to Rebuild Ukraine's Digital Infrastructure
26 Feb 2024 Rakuten Symphony and Kyivstar Sign Letter of Intent to Deploy Open ...
21/02/2024
VEON Launches Geolocation Gateway, Enabling Proximity-Based Digital Services
21 Feb 2024 VEON Launches Geolocation Gateway, Enabling Proximity-Based Digital Services Amsterdam and Tashkent, 21 February 2024 - VEON Ltd. (NASDAQ: VEON, Eu...
14/02/2024
Kyivstar and Come Back Alive Raise UAH180M to Demine Ukraine, Reaching Campaign Target
14 Feb 2024 Kyivstar and Come Back Alive Raise UAH180M to Demine Ukraine, Reach...
08/02/2024
VEON's Kyivstar Nominated for the GLOMO in Best Mobile Innovation for Emergency and Humanitarian Connectivity
08 Feb 2024 VEON's Kyivstar Nominated for the GLOMO in Best Mobile Innovat...
06/02/2024
Augmented Intelligence for Disaster Response: Beeline Kazakhstan Mobilises AI to Fight Forest Fires
06 Feb 2024 Augmented Intelligence for Disaster Response: Beeline Kazakhstan Mo...
05/02/2024
VEON and Kyivstar Welcome Former U.S. Secretary of State and Kyivstar Board member Mike Pompeo to Ukraine
05 Feb 2024 VEON and Kyivstar Welcome Former U.S. Secretary of State and Kyivst...
05/02/2024
VEON and Kyivstar set in motion their 600m USD investment plan with Kyiv visit, Mike Pompeo joins the delegation
05 Feb 2024 VEON and Kyivstar set in motion their 600m USD investment plan with...
31/01/2024
VEON and Summit Complete USD 100m Deal for Bangladesh Towers Portfolio
31 Jan 2024 VEON and Summit Complete USD 100m Deal for Bangladesh Towers Portfolio Amsterdam and Dhaka, 31 January 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amst...
18/01/2024
Kyivstar Completes Preliminary Assessment of the Financial Impact of the Cyberattack
18 Jan 2024 Kyivstar Completes Preliminary Assessment of the Financial Impact o...
20/12/2023
VEON Presents Digital Operator Success Story at NSR/BCG Investor Conference in New York
20 Dec 2023 VEON Presents Digital Operator Success Story at NSR/BCG Investor Co...
19/12/2023
Kyivstar restores services in all categories, brings 99% of mobile network back on air
19 Dec 2023 Kyivstar restores services in all categories, brings 99% of mobile ...
15/12/2023
Kyivstar restores mobile internet across Ukraine, reactivates international roaming
15 Dec 2023 Kyivstar restores mobile internet across Ukraine, reactivates inter...
14/12/2023
Kyivstar restores voice services across Ukraine, starts the reactivation of mobile data services
14 Dec 2023 Kyivstar restores voice services across Ukraine, starts the reactiv...
13/12/2023
Kyivstar starts restoring voice services on its network following widespread cyber-attack
13 Dec 2023 Kyivstar starts restoring voice services on its network following w...
12/12/2023
Kyivstar Network Targeted by Widespread Cyber Attack
12 Dec 2023 Kyivstar Network Targeted by Widespread Cyber Attack Amsterdam, 12 December 2023 13:45 CET - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a ...
12/12/2023
Kyivstar Provides Update on Cyber-Attack Recovery; Reports Partial Restoration of Connectivity on its Fixed Network
12 Dec 2023 Kyivstar Provides Update on Cyber-Attack Recovery; Reports Partial ...
11/12/2023
VEON's Mobilink Bank Participates in COP28, Emphasizes the Role of Gender Inclusivity in Climate Finance
11 Dec 2023 VEON's Mobilink Bank Participates in COP28, Emphasizes the Role...
04/12/2023
VEON's Kyivstar and Amazon Web Services Sign Memorandum of Cooperation to Support the Development of Ukrainian Businesses
04 Dec 2023 VEON's Kyivstar and Amazon Web Services Sign Memorandum of Coop...
27/11/2023
VEON Recognised for Crisis Response at World Communication Awards 2023
27 Nov 2023 VEON Recognised for Crisis Response at World Communication Awards 2023 Amsterdam, 27 November 2023 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: V...
27/11/2023
VEON Implements New Clawback Policy and Updates Incentive Plans to Enhance Accountability in Compliance with Nasdaq Listing Standards
27 Nov 2023 VEON Implements New Clawback Policy and Updates Incentive Plans to ...
20/11/2023
VEON 3Q23 trading update: raising full-year revenue and EBITDA guidance, return to USD revenue growth, exit from Russia completed
20 Nov 2023 VEON 3Q23 trading update: raising full-year revenue and EBITDA guid...
15/11/2023
Going Asset-Light: VEON and Summit Reach USD 100m Deal for Partial Sale of Bangladesh Towers Portfolio
15 Nov 2023 Going Asset-Light: VEON and Summit Reach USD 100m Deal for Partial ...
14/11/2023
VEON Welcomes Former U.S. Secretary of State Mike Pompeo to Kyivstar Board of Directors
14 Nov 2023 VEON Welcomes Former U.S. Secretary of State Mike Pompeo to Kyivsta...
31/10/2023
VEON Launches Digital-First Operator OQ in Uzbekistan
31 Oct 2023 VEON Launches Digital-First Operator OQ in Uzbekistan New brand targets digital natives with integrated media and entertainment services Amsterda...
30/10/2023
VEON files motion with Kyiv Court challenging the freezing of corporate rights in Kyivstar
30 Oct 2023 VEON files motion with Kyiv Court challenging the freezing of corpo...
23/10/2023
VEON Group Board and Management Delegation Visit Ukraine, Highlighting Commitment to the Country's Future
23 Oct 2023 VEON Group Board and Management Delegation Visit Ukraine, Highlight...
20/10/2023
VEON issues CEO Letter to Investors on Group Financial Position, Reinstatement of Analyst Coverage and Unrestricted Trading
20 Oct 2023 VEON issues CEO Letter to Investors on Group Financial Position, Re...
12/10/2023
VEON is the sole and rightful owner of Kyivstar
12 Oct 2023 VEON is the sole and rightful owner of Kyivstar Company responds to speculation about Kyivstar Amsterdam, 12 October 2023 - VEON Ltd. (NASDAQ: VE...
09/10/2023
VEON closes the sale of its Russia operations, completes its exit from Russia
09 Oct 2023 VEON closes the sale of its Russia operations, completes its exit from Russia Amsterdam, 09 October 2023, 15:15 CET - VEON Ltd. (NASDAQ: VEON, Euro...
05/10/2023
Beeline Uzbekistan invests in developing local IT talent with Beeline Academy
05 Oct 2023 Beeline Uzbekistan invests in developing local IT talent with Beeline Academy Beeline Academy launched to help train youth with emphasis on data pr...
28/09/2023
Keeping Ukraine connected: Kyivstar CTO addresses GSMA Sec Con at MWC Las Vegas 2023
28 Sep 2023 Keeping Ukraine connected: Kyivstar CTO addresses GSMA Sec Con at M...
22/09/2023
VEON Hits a Six in Cricket Asia Cup 2023
22 Sep 2023 VEON Hits a Six in Cricket Asia Cup 2023 Tamasha Draws Record 14.4 Million Digital Viewers During the Tournament Amsterdam, 22 September 2023: VE...
20/09/2023
Kyivstar Raises UAH100 million to Support Ukraine's Demining
20 Sep 2023 Kyivstar Raises UAH100 million to Support Ukraine's Demining Amsterdam, 20 September 2023 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON),...
13/09/2023
VEON finalizes sale agreement to exit Russia
13 Sep 2023 VEON finalizes sale agreement to exit Russia Amsterdam, 13 September 2023 12:45 CET - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global ...
13/09/2023
NOTICE OF REDEMPTION June 2024
13 Sep 2023 NOTICE OF REDEMPTION June 2024 NOTICE OF REDEMPTION: VEON HOLDINGS B.V. (the Issuer) (a private company incorporated under Dutch law) US$900,000...
13/09/2023
NOTICE OF REDEMPTION December 2023
13 Sep 2023 NOTICE OF REDEMPTION December 2023 NOTICE OF REDEMPTION: VEON HOLDINGS B.V. (the Issuer) (a private company incorporated under Dutch law) US$700...
13/09/2023
VEON notifies bondholders of early payment of its 2023 and 2024 notes
13 Sep 2023 VEON notifies bondholders of early payment of its 2023 and 2024 notes Amsterdam, 13 September 2023 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: V...
11/09/2023
Beeline Uzbekistan enhances its 4G network, supporting digital operator services across the country
11 Sep 2023 Beeline Uzbekistan enhances its 4G network, supporting digital oper...
07/09/2023
VEON Group Announces Vesting of Share Award for the Group CEO
07 Sep 2023 VEON Group Announces Vesting of Share Award for the Group CEO Amsterdam, 7 September 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a gl...