Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 385

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 385
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 amendments that have been issued but have not yet become effective. Not yet adopted Certain new accounting standards and interpretations have been published that are not mandatory for this reporting period and have not been early adopted by the Company. These standards are not expected to have a material impact on these consolidated financial statements in current or future reporting periods or on foreseeable future transactions. 3)RELATED PARTY TRANSACTIONS During the period ending March 31, 2025, the Company had transactions with its parent entity, VEON Amsterdam B.V., representing issuance of share capital (refer Note 4). There were no other related party transactions entered into during the period March 7, 2025 (inception) through March 31, 2025. F-117 Kyivstar Group Ltd.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FROM MARCH 7, 2025 (inception) to MARCH 31, 2025 4)ISSUED CAPITAL The Company was incorporated on March 7, 2025 (inception) and issued 100common shares, par value US$ 0.001per share, to VEON Amsterdam B.V. As of March 31, 2025, the Company’s authorized share capital consists of US$ 2,000,000, divided into 2,000,000,000common shares, par value US$ 0.001per share. As of March 31, 2025, the total issued capital was 100common shares. Upon consummation of the Transactions, the authorized but unissued share capital will be allocated pursuant to the terms of the Business Combination Agreement. Each common share maintains onevoting right. The entire amount of the Company’s equity is currently held by VEON Amsterdam B.V. and recorded as Other current assets — related parties. 5)SUBSEQUENT EVENTS On June 13, 2025, the Company amended the composition of its authorized share capital by increasing the par value of its common shares from US$ 0.001to US$ 0.01per share. The change in par value of common shares resulted in the reduction of the number of common shares authorized for issuance from 2,000,000,000to 200,000,000and total issued capital from 100to 10common shares.On July 8, 2025, the Company increased its authorized share capital by US$ 654,300to US$ 2,654,300. Immediately following the share