Telenor completes its sell-down in VEON
(WorldNews Norway)

(Fornebu, 21 September 2017) Telenor ASA today announces that the underwriters have priced its offering of 90 million common shares of VEON Ltd. in the form of common shares and American Depositary Shares (ADSs) at a public offering price of USD 4.15 per ADS/share. The offering results in net proceeds to Telenor of USD 365 million (around NOK 2.9 billion), which will be included in Telenor`s cash flow statement for the third quarter 2017. ......