AI assistant
VEON Ltd. — Regulatory Filings 2012
May 31, 2012
31203_ffr_2012-05-31_3dfdb036-5b39-4a94-a51f-7b6b37c2c8a2.zip
Regulatory Filings
Open in viewerOpens in your device viewer
6-K 1 d361568d6k.htm FORM 6-K Form 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For the month of May 2012
Commission File Number 1-34694
VimpelCom Ltd.
(Translation of registrants name into English)
The Rock Building, Claude Debussylaan 88, 1082 MD, Amsterdam, the Netherlands
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨ .
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨ .
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| (Registrant) | |
| Date: May 31, 2012 | |
| By: | /s/ Jeffrey David McGhie |
| Name: | Jeffrey David McGhie |
| Title: | General Counsel |
2
VimpelCom Postpones Dividend Payment Decision
and Announces Date for AGM
Amsterdam (May 31, 2012) - VimpelCom Ltd. (VimpelCom or the Company) (NYSE: VIP) , a leading global provider of telecommunications services, announces that in light of injunctions issued by the Moscow Arbitration Court (including the prohibition on the payment of dividends by the Companys wholly-owned Russian subsidiary OJSC Vimpel-Communications) in relation to the claims by the Russian Federal Anti-Monopoly Service (FAS) against Telenor and Weather II:
The Supervisory Board of the Company considers it prudent and in the best interests of VimpelCom to postpone the payment and cancel the June 1, 2012 record date of the final dividend relating to the Companys 2011 results. The Supervisory Board of the Company will make a decision whether to pay the final 2011 dividend at a later date and will set a new record date as appropriate.
The Company plans to hold its annual general shareholders meeting (AGM) in December 2012, with the exact date to be notified by the Supervisory Board.
The Company will continue to assess the situation as further developments occur.
Disclaimer
This release contains forward-looking statements, as the phrase is defined in Section 27A of the Securities Act and Section 21E of the Exchange Act, relating to the FAS claim and related injunctions, the impact of the claim and injunctions on the VimpelCom Group, the timing of the Companys AGM, and the timing and amount of future payments of dividends by VimpelCom. These forward-looking statements are based on managements best assessment of the Companys legal position and the Companys understanding of current circumstances. The actual outcome may differ materially from these statements and there can be no assurance that VimpelCom will be able to hold its AGM when intended, will be able to pay all or part of the postponed dividends, succeed in any challenges with respect to the FAS claim or injunction and that the determination or postponement of determination by the court with respect to the FAS claim and injunction appeals or any challenges made by VimpelCom to the FAS claim or injunction appeals will not have a material adverse affect on VimpelCom resulting from, among other things, its continued inability to receive dividends or other distributions from OJSC VimpelCom or the suspension or termination of material licenses or permits held by OJSC VimpelCom, denial of new licenses and permits or other adverse actions by Russian regulators. Certain factors that could cause actual results to differ materially from those discussed in any forward-looking statements include the risk factors described in the Companys Annual Report on Form 20-F for the year ended December 31, 2011 and other public filings made by the Company with the SEC, which risk factors are incorporated herein by reference. The Company disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.
About VimpelCom
VimpelCom is one of the worlds largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine,
Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Cambodia, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada. VimpelComs operations around the globe cover territory with a total population of approximately 782 million people. VimpelCom provides services under the Beeline, Kyivstar, djuice, Wind, Infostrada Mobilink, Leo, banglalink, Telecel, and Djezzy brands. As of March 31, 2012 VimpelCom had 209 million mobile subscribers on a combined basis. VimpelCom is traded on the New York Stock Exchange under the symbol (VIP). For more information visit: http://www.vimpelcom.com
Contact information
| Investor Relations | Media and Public Relations |
|---|---|
| VimpelCom Ltd. | VimpelCom Ltd. |
| Gerbrand Nijman | Bobby Leach |
| [email protected] | |
| Tel: +31 20 79 77 200 (Amsterdam) | Tel: +31 20 79 77 200 (Amsterdam) |