Communications operator Kyivstar and the National Securities and Stock Market Commission (NSSMC) have agreed to create a mechanism that will allow Ukrainians to purchase shares of Kyivstar Group Ltd., which are traded on the American Nasdaq stock exchange under the ticker KYIV.
Communications operator Kyivstar and the National Securities and Stock Market Commission (NSSMC) have agreed to create a mechanism that will allow Ukrainians to purchase shares of Kyivstar Group Ltd., which are traded on the American Nasdaq stock exchange under the ticker KYIV.
The parties signed a memorandum of cooperation during the Ukraine Reconstruction Conference in Gdansk. The partnership involves launching a pilot project that will integrate the Ukrainian capital market into the international financial infrastructure and expand investment opportunities for citizens.
Currently, the company and the regulator are jointly working out the regulatory and organizational prerequisites to launch this tool in accordance with current Ukrainian legislation.
«We are convinced that Ukrainian investors should have more opportunities to participate in the development of successful Ukrainian companies through market mechanisms that comply with best international practices,» said Oleksandr Komarov, President and CEO of Kyivstar.
Earlier, the head of the National Securities and Markets Commission of Ukraine, Oleksiy Semenok, confirmed that the Commission is negotiating with the operator regarding the launch of new financial instruments and ecosystem solutions for business. In addition to shares, Kyivstar is also studying the possibility of entering the domestic market with a test issue of bonds, which will allow attracting additional liquidity within the country.
According to Kaan Terzioglu, Chairman of the Supervisory Board of Kyivstar, promoting the development of the local capital market is a duty for big business in Ukraine.
Recall that since August 15 last year, Kyivstar shares have been traded on Nasdaq under the ticker KYIV. At the end of January this year, the company conducted a secondary offering (SPO) of 14.375 million shares at a price of $10.5 per share. Demand for securities exceeded supply five times, as a result of which the share of the parent holding VEON decreased to 83,6%. In the first quarter of 2026, the operator demonstrated revenue growth of 31,3% to UAH 13.9 billion, and its EBITDA increased by 28,5% to UAH 7.5 billion.
