VEON sells Kyivstar shares worth over $130 million
VEON, the parent company of Kyivstar, announced that it is offering 12.5 million shares for sale at a price of $10.50 per share.
VEON, the parent company of Kyivstar, announced that it is offering 12.5 million shares for sale at a price of $10.50 per share.
The company announced the sale of 12,100,000 ordinary shares held by VEON Amsterdam BV and 400,000 ordinary shares held by certain other shareholders.
Kyivstar is not selling any shares in this offering — all proceeds from the sale ($131.25 million) will go to shareholders. This means the company is not raising new funds — it is solely a sale of existing shares by current owners.
The offering is expected to close on February 2, 2026, subject to customary closing conditions. The sale is being led by four global banks: Morgan Stanley, Barclays, Cantor and Rothschild & Co.
They have been granted a 30-day option to purchase up to an additional 1.875 million shares at the same public price. If the option is exercised in full, the total sale could reach 14.375 million shares, valued at more than $150 million.
Recall that Kyivstar’s historic entry into the American stock exchange Nasdaq took place on August 15, 2025. The company’s shares are traded under the ticker KYIV.
At the time of the listing, the company’s market capitalization was estimated at $2.3 billion. In October last year, it reached $3.13 billion.
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«So far, the result of the IPO is quite positive.» After listing on Nasdaq, Kyivstar’s capitalization reached $3.13 billion
«So far, the result of the IPO is quite positive.» After listing on Nasdaq, Kyivstar’s capitalization reached $3.13 billion
Kyivstar Group shares fell by 7% in the first month on Nasdaq. What do experts say about this?
Kyivstar Group shares fell by 7% in the first month on Nasdaq. What do experts say about this?
How to buy Kyivstar shares on Nasdaq from Ukraine?
How to buy Kyivstar shares on Nasdaq from Ukraine?
