Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 422

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 422
---
star Group Ltd.’s bye -laws), upon completion of such tender or exchange offer, the maker thereof, together with members of any group (within the meaning of Rule 13d -5(b)(1) under the Exchange Act) of which such maker is a part, and together with any affiliate or associate of such maker (within the meaning of Rule 12b -2under the Exchange Act) and any members of any such group of which any such affiliate or associate is a part, own beneficially (within the meaning of Rule 13d -3under the Exchange Act) more than 50% of the issued and outstanding Kyivstar Group Ltd. Common Shares, the holder of a Kyivstar Group Ltd. Warrant will be entitled to receive the highest amount of cash, securities or other property to which such holder would actually have been entitled as a shareholder if such warrant holder had exercised the Kyivstar Group Ltd. Warrant prior to the expiration of such tender or exchange offer, accepted such offer and all of the Kyivstar Group Ltd. Common Shares held by such holder had been purchased pursuant to such tender or exchange offer, subject to adjustment (from and after the consummation of such tender or exchange offer) as nearly equivalent as possible to the adjustments provided for in the warrant agreement. Additionally, if less than 70% of the consideration receivable by the holders of Kyivstar Group Ltd. Common Shares in such a transaction is payable in the form of ordinary shares in the successor entity that is listed for trading on a national securities exchange or is quoted in an established over -the -countermarket, or is to be so listed for trading or quoted immediately following such 220 event, and if the registered holder of the warrant properly exercises the Cohen Circle Public Warrant within 30 days following public disclosure of such transaction, the Cohen Circle Public Warrant exercise price will be reduced as specified in the warrant agreement based on the per share consideration minus Black -ScholesWarrant Value (as defined in the warrant agreement) of the Cohen Circle Public Warrant. The warrants are in registered form under the Amended Warrant Agreement between Continental Stock Transfer & Trust Company, as warrant agent, and Kyivstar Group Ltd. The Amended Warrant Agreement provides that (a) the terms of the Kyivstar Group Ltd. Warrants may be amended without the consent of any holder for the purpose of (i) curing any ambiguity or correct any mistake, including to conform the provisions of the Amended Warrant