Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 279

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 279
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 in Bermuda and the address of its principal executive office is Index Tower (East Tower), Unit 1703, Dubai (DIFC), United Arab Emirates. Subsidiaries Merger Sub, a newly incorporated Cayman entity, was a wholly owned subsidiary of Kyivstar Group Ltd. upon signing of the Business Combination Agreement and, in anticipation of Closing, is now a wholly owned subsidiary of Kyivstar Group Ltd. As of the date of this proxy statement/prospectus, Merger Sub has not conducted any material activities other than those incidental to its formation and to the matters contemplated by the Business Combination Agreement. Sole Shareholder The Seller is currently the sole shareholder of Kyivstar Group Ltd. In connection with the Business Combination, holders of Cohen Circle Class A Ordinary Shares and Cohen Circle Public Warrants and the other Kyivstar shareholders will become shareholders of Kyivstar Group Ltd. pursuant to the Sale and the Merger, as applicable. Board of Directors Kyivstar Group Ltd. is currently managed by its sole director, Kaan Terzio ğlu. 132 Legal Proceedings As of the date of this proxy statement/prospectus, Kyivstar Group Ltd. was not party to any material legal proceedings. In the future, Kyivstar Group Ltd. may become party to legal matters and claims arising in the ordinary course of business, the resolution of which Kyivstar Group Ltd. does not anticipate would have a material adverse impact on its financial position, results of operations or cash flows. Properties Prior to the Business Combination, Kyivstar Group Ltd.’s assets only consist of Kyivstar Group Ltd.’s equity, currently held by VEON Amsterdam B.V. and recorded as Other current assets — related parties. Employees Prior to the Business Combination, Kyivstar Group Ltd. currently has no employees. 133 BUSINESS OF KYIVSTAR AND CERTAIN INFORMATION ABOUT KYIVSTAR Unless the context otherwise requires, all references in this section to “we,” “us,” “our,” or “Kyivstar” refer to VEON Holdings B.V. and its subsidiaries, including JSC Kyivstar, which are presented in the VEON Holdings B.V. audited combined financial statements included in this proxy statement/prospectus. Overview We are a telecommunications and digital business, operating Ukraine’s leading provider of mobile communication by number of subscribers and broadband services by number of access lines, as of December31, 2024. We provide mobile, digital and fixed -lineservices to over 23 million mobile customers