BRIEF-VimpelCom announces results of U.S. exchange offer

April 16 (BestGrowthStock) – Vimpelcom (VIP.N: ):
* Vimpelcom ltd. announces results of U.S. exchange offer
* Says total of 308,309,375 ADSs were validly tendered and not
withdrawn in the U.S. offer
* Says expected that more than 95% of OJSC Vimpelcom’s
outstanding shares be tendered in the exchange offer
* Says VimpelCom Ltd DRs will begin trading today on the NYSE
on a “when-issued” basis
* Says 24,697,325 OJSC VimpelCom ADSs were not tendered
* Says expects shareholders Telenor ASA and Altimo Holdings &
Investments will tender their shares in Russian offer
* Says non-tendered OJSC VimpelCom ADSs are intended to be
delisted from the NYSE
* Says will announce the final results of the exchange offer on
Wednesday, April 21

Stock Market News

BRIEF-VimpelCom announces results of U.S. exchange offer