Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 584

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 584
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 (the “ Intended Tax Treatment ”). WHEREAS , the Seller, as the sole shareholder of the Company, and New PubCo shall execute the Transfer Deed, pursuant to which at the Sale Effective Time, the Seller will sell to New PubCo all of the issued and outstanding equity of the Company in exchange for newly issued New PubCo Common Shares and the Seller Loan Note (the “ Sale ”) and, after giving effect to the Sale by means of the execution of the Transfer Deed, the Company will become a direct wholly owned subsidiary of New PubCo. WHEREAS , on the first Business Day following the Sale, the Parties intend to effect the Merger upon the terms and subject to the conditions of this Agreement and in accordance with the Companies Act and the Plan of Merger, whereby on the Closing Date, Merger Sub shall be merged with and into the SPAC (the “ Merger ”), with the SPAC continuing as the surviving company of the Merger and a direct, wholly owned subsidiary of New PubCo and certain shares of the SPAC being converted into New PubCo Common Shares in accordance with the terms and conditions of this Agreement. WHEREAS , as of immediately following the consummation of the Transactions, the Parties anticipate that New PubCo will qualify as a “foreign private issuer” pursuant to Rule 3b-4 of the Exchange Act. NOW, THEREFORE , in consideration of the covenants, promises and representations set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: Article I DEFINITIONS 1.1. Defined Terms . For purposes of this Agreement, the following capitalized terms have the following meanings: “ 2027 Bonds ” shall mean the outstanding bonds issued by the Company due November 2027 (Regulation S ISIN: XS2824764521; Regulation S Common Code: 282476452; Rule 144A ISIN: XS2824766146; Rule 144A Common Code: 282476614; and Rule 144A CUSIP: N/A). “ 2027 Bonds Consent Solicitation ” means the consent solicitation launched in respect of the 2027 Bonds as further described in and subject to the terms set out in the Consent Solicitation Memorandum dated 13 January 2025. “ 2027 Bonds Transfer ” shall have the meaning set forth in Section 7.21(b) . “ Adjusted Cash ” shall have the meaning set