VEON (VEON) has released an update.
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VEON Ltd., a global digital operator, has announced the vesting of a conditional incentive award to Group CEO Kaan Terzioglu, which comprises a combination of cash and equity following the meeting of performance targets under the company’s Long Term Incentive Plan. The settlement includes a $500,000 cash payment and the transfer of 2,729,000 common shares, due to be completed by August 2025. VEON operates in six countries and is focused on leveraging technology to empower individuals and stimulate economic growth.
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