Kyivstar Group Ltd., Ukraine’s leading digital operator, has set the price for a secondary public offering of its common shares. The offering includes 12.1 million shares held by VEON Amsterdam B.V., the company’s principal shareholder, and 400,000 shares held by other selling shareholders. The shares are priced at $10.50 each.
The selling shareholders have also granted underwriters a 30-day option to purchase up to an additional 1.875 million shares at the same price, subject to underwriting discounts and commissions.
**Why this matters**
This offering allows VEON and other shareholders to sell a significant portion of their holdings in Kyivstar, potentially increasing the shares’ liquidity in the market. The transaction reflects ongoing investor interest in Kyivstar and may impact the company’s shareholder structure.