Amsterdam, 29 May 2024 – VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON)), a global digital operator that provides converged connectivity and online services, ("VEON" or the "Company" or, together with its subsidiaries, the "Group"), announces that it has appointed UHY LLP (UHY) as the independent registered public accounting firm for the audit of the Group's consolidated financial statements for the year ended December 31, 2023 in accordance with the standards established by the Public Company Accounting Oversight Board (United States) (the "PCAOB Audit").
As previously announced, VEON experienced a delay in filing its 2023 annual report on Form 20-F (the "2023 20-F") due to the challenges it faced in connection with the timely appointment of an independent auditor that meets the requirements for a PCAOB audit following VEON's exit from Russia. In its press release dated May 22, 2024, the Company also announced that it received a non-compliance notice from Nasdaq as a result of the delay in filing its 2023 20-F.
With the appointment of UHY as its PCAOB Auditor, the Company cleared a significant hurdle in completing and submitting its 2023 ...