Explanation

VEON’s proposed Scheme approved by 97.59% of Scheme Creditors present and voting at Scheme Meeting

Retrieved on: 
Martedì, Gennaio 24, 2023
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The Scheme Sanction Hearing is anticipated to take place in London on 30 January 2023. Further details, including the precise time and location of the Scheme Sanction Hearing, are expected to be provided on the Business and Property Courts Rolls Building Cause List (which can be accessed via the following link: https://www.gov.uk/government/publications/business-and-property-courts-...) on the day before the Scheme Sanction Hearing. If the Scheme is sanctioned by the Court at the Scheme Sanction Hearing, and the other specified conditions to the Scheme are satisfied, the Scheme will then become effective. The Company will issue an announcement providing further information regarding the time and location of the Scheme Sanction Hearing in due course.

Key Points: 
  • Of the Scheme Creditors present and voting at the meeting, 97.59 per cent.
  • The Scheme Sanction Hearing is anticipated to take place in London on 30 January 2023.
  • If the Scheme is sanctioned by the Court at the Scheme Sanction Hearing, and the other specified conditions to the Scheme are satisfied, the Scheme will then become effective.
  • The Company will issue an announcement providing further information regarding the time and location of the Scheme Sanction Hearing in due course.

VEON provides update on voting on Scheme

Retrieved on: 
Martedì, Gennaio 17, 2023
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Amsterdam, Netherlands, 17 January 2023: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refers to its prior announcements in relating to the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”).

Key Points: 
  • Amsterdam, Netherlands, 17 January 2023: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refers to its prior announcements in relating to the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”).
  • The Company has today provided an update on voting on the Scheme.
  • The Voting and Proxy Form is available on the Scheme Website and may be submitted by completing the electronic form on the Scheme Website or by submitting a pdf of the completed Voting and Proxy Form to the Information Agent at [email protected].
  • For the avoidance of doubt, a Scheme Creditor shall not be a Sanctions Disqualified Person solely because it holds its 2023 Notes through the NSD.

VEON issues amended Scheme

Retrieved on: 
Mercoledì, Gennaio 11, 2023
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Amsterdam, Netherlands, 11 January 2023 23:50 CET: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refer to the announcement dated 21 December 2022 relating to the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”), and in particular relating to the convening of a single meeting of Scheme Creditors to be held on 24 January 2023 (the “Scheme Meeting”).

Key Points: 
  • Amsterdam, Netherlands, 11 January 2023 23:50 CET: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refer to the announcement dated 21 December 2022 relating to the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”), and in particular relating to the convening of a single meeting of Scheme Creditors to be held on 24 January 2023 (the “Scheme Meeting”).
  • The Company has today issued an amended Explanatory Statement in connection with the Scheme, which amends the terms of the Scheme (the “Amended Explanatory Statement”).
  • Following feedback from certain of the 2023 Noteholders, the Company has today informed the Scheme Creditors, by the Amended Explanatory Statement, that it has amended the terms of the proposal set out in the Scheme.
  • Scheme Creditors or, if a corporation, their representative, or the proxy attending the Scheme Meeting on their behalf will be required to verify their entitlement to attend the Scheme Meeting as a Scheme Creditor before they will be granted access to the Scheme Meeting by a representative of the Information Agent.

VEON Obtains OFAC License for Scheme Meeting

Retrieved on: 
Lunedì, Dicembre 26, 2022
Trustee, Telephone, Proxy, Intermediary, Explanation, Authorised Conveyancing Practitioners Board, VEON, OFAC, Court, Scheme, Information, Euronext Amsterdam, Documentation, Security (finance)

Amsterdam, Netherlands, 26 December 2022 19:30 CET: Following the announcement made on 21 December 2022 related to the Court order granting the Company permission to convene the Scheme Meeting, VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”) hereby give notice that the OFAC License referred to in the previous announcement has been granted, such that the Company is satisfied that it has obtained all necessary OFAC related Authorisations for the Scheme.

Key Points: 
  • Amsterdam, Netherlands, 26 December 2022 19:30 CET: Following the announcement made on 21 December 2022 related to the Court order granting the Company permission to convene the Scheme Meeting, VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”) hereby give notice that the OFAC License referred to in the previous announcement has been granted, such that the Company is satisfied that it has obtained all necessary OFAC related Authorisations for the Scheme.
  • With this OFAC License, the Company confirms it has obtained all Authorisations necessary for the Scheme Meeting to take place (as planned), via Zoom, on 24 January 2023 at 10:00 a.m. (London time) (or such later time or date as the Company may decide and notify to Scheme Creditors).
  • The Company continues to pursue any other Authorisations required to effect the Scheme, should the Scheme be approved at the Scheme Meeting and sanctioned by the Court at the Scheme Sanction Hearing.
  • Scheme Creditors that have questions in relation to the Explanatory Statement and accompanying documentation, the Voting and Proxy Form or the Scheme Meeting may contact Kroll Issuer Services Limited (as the Company’s information agent) by email to [email protected] or by telephone on + 44 20 7704 0880.

Invitation to Submit Voting and Proxy Forms and Notice of Scheme Meeting

Retrieved on: 
Mercoledì, Dicembre 21, 2022
Proxy, Telephone, Note, Intermediary, Explanation, Authorised Conveyancing Practitioners Board, Annexation, VEON, Court, Scheme, Information, Euronext Amsterdam, Documentation, Creditor, Security (finance)

All Scheme Creditors are requested to attend the Scheme Meeting, via Zoom (either in person, by duly authorised representative if a corporation, or by proxy).

Key Points: 
  • All Scheme Creditors are requested to attend the Scheme Meeting, via Zoom (either in person, by duly authorised representative if a corporation, or by proxy).
  • The Notice of Scheme Meeting, which provides further information in relation to the Scheme Meeting, is appended hereto as Annexure 1.
  • Instructions for completing the Voting and Proxy Form are set out in the Voting and Proxy Form.
  • Scheme Creditors and/or Account Holders requiring any assistance in completing their Voting and Proxy Forms should contact the Information Agent by email to [email protected] or by telephone on + 44 20 7704 0880.

Results of Scheme Convening Hearing

Retrieved on: 
Mercoledì, Dicembre 21, 2022
Practice, Proxy, Explanation, Authorised Conveyancing Practitioners Board, VEON, Court, Scheme, Euronext Amsterdam, Creditor, Security (finance), Note

Proposed Scheme of Arrangement of VEON Holdings B.V.

Key Points: 
  • Proposed Scheme of Arrangement of VEON Holdings B.V.
    Amsterdam, Netherlands, 21 December 2022 19:45 CET: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V. (the “Company”), inform that, further to the announcement issued on 16 December 2022 regarding the Scheme Convening Hearing on 20 December 2022, the Court has today made an order (the “Convening Order”) convening a single meeting of the Scheme Creditors of the 2023 Notes issued by the Company for the purpose of considering and, if thought fit, approving the Scheme in respect of the 2023 Notes (the “Scheme Meeting”).
  • The Company has also today made available the Explanatory Statement, issued in connection with the Scheme in respect of the 2023 Notes, the Voting and Proxy Form and the Notice of Scheme Meeting, through the Scheme Website at https://deals.is.kroll.com/veon.
  • The Scheme Meeting will allow the Scheme Creditors to vote on the Scheme proposed by the Company in respect of its 2023 Notes, provided they are not precluded from doing so by law or regulation.
  • Further information regarding the Scheme Meeting and submission of Voting and Proxy Forms will be provided by the Notice of Scheme Meeting and the Voting and Proxy Forms.

NetDragon's Promethean Acquires Explain Everything to Drive Transformational Collaboration and Learning Experiences

Retrieved on: 
Venerdì, Dicembre 2, 2022
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The Explain Everything app, available on all mobile platforms, provides users with an infinite canvas to draw, animate, create videos, and collaborate.

Key Points: 
  • The Explain Everything app, available on all mobile platforms, provides users with an infinite canvas to draw, animate, create videos, and collaborate.
  • With the new acquisition, Promethean will merge the existing Explain Everything team and platform into its standing operations and portfolio.
  • "As technology evolves, Promethean continues to look to the future to provide the best solutions that would transform learning experiences.
  • "We're thrilled to now be part of the Promethean team," said Reshan Richards, co-founder and chief executive officer at Explain Everything.

Explain Everything is acquired by Promethean to Continue Delivering Transformational Collaboration and Learning Experiences

Retrieved on: 
Lunedì, Novembre 28, 2022
IOS, Chromebook, MacOS, Student, Learning, App Store (iOS/iPadOS), Education, Educational technology, Chrome OS, Collaboration, Android, IPadOS, HKSE, Management, Explanation, Promethean

WROCŁAW, Poland, Nov. 28, 2022 /PRNewswire/ -- Explain Everything, a leading online digital whiteboard platform for creating engaging lessons, activities, and interactive presentations, today announced it has officially joined Promethean®, a leading global education technology company.

Key Points: 
  • Strategic merger will support both edtech leaders in their joint mission to continue innovating for more transformational learning experiences.
  • Long-time Explain Everything users can rest assured that the app will simultaneously continue to be offered on all other platforms.
  • "We're thrilled to now be part of the Promethean team," said Reshan Richards, co-founder and chief executive officer at Explain Everything.
  • Together, we will continue to provide the most effective interactive learning tools for students and teachers around the world."

Promethean Acquires Explain Everything to Continue Delivering Transformational Collaboration and Learning Experiences

Retrieved on: 
Lunedì, Novembre 28, 2022
All rights reserved, Learning, United Kingdom, Multimedia, Student, App Store (iOS/iPadOS), Education, Apple, HKSE, Acquisition, Management, Online shopping, Tutoring, Explanation, Vellum, Promethean

SEATTLE, Nov. 28, 2022  /PRNewswire/ -- Promethean®, a leading global education technology company, today announced it has acquired substantially all of the assets of Explain Everything, a leading digital whiteboard platform for creating engaging lessons, activities, and interactive presentations. The Explain Everything app provides users with an infinite canvas to draw, animate, create videos, and collaborate and is available on all mobile platforms. With the new acquisition, Promethean will merge the existing Explain Everything team and platform into its standing operations and portfolio.  

Key Points: 
  • With the new acquisition, Promethean will merge the existing Explain Everything team and platform into its standing operations and portfolio.
  • Learning and collaboration are essential to progress in any field, and Promethean's mission is to transform them for the better.
  • "As technology evolves,Prometheancontinues to look to the future to provide the best solutions to transform learning experiences.
  • "We're thrilled to now be part of the Promethean team," said Reshan Richards, co-founder and chief executive officer at Explain Everything.

Fix Price Group PLC: Notice of Extraordinary General Meeting - Approval of Merger

Retrieved on: 
Venerdì, Luglio 8, 2022
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NOTICE IS HEREBY GIVEN that a meeting of the shareholders of Fix Price Group Plc (the Company) will be held at 155 Arch.

Key Points: 
  • NOTICE IS HEREBY GIVEN that a meeting of the shareholders of Fix Price Group Plc (the Company) will be held at 155 Arch.
  • All holders (the Shareholders) of Ordinary Shares in the Company (the Shares) have the right to attend, speak and vote at the Meeting.
  • Registered Shareholders holding shares in certificated form should complete the form of proxy provided with the Notice of Meeting as set out in Appendix B to this notice (the Form of Proxy).
  • Both employees have been notified of the proposed Merger and have provided their written consent and approval to the Acquiring Company.