VEON's Board of Directors announced a change in the ADR conversion ratio of 1 to 25. Now one ADR grants rights for one share. No new shares will be issued, so the change in the ratio will have the same effect as a consolidation of shares with the same ratio, the company said. The changes will take effect on March 6, 2023.
VEON's Board of Directors announced a change in the ADR conversion ratio of 1 to 25. Now one ADR grants rights for one share. No new shares will be issued, so the change in the ratio will have the same effect as a consolidation of shares with the same ratio, the company said. The changes will take effect on March 6, 2023. 
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