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Telenet Group Holding NV
Major Shareholding Notification • Oct 5, 2021
4008_mrq_2021-10-05_dd00813a-f2ce-4552-9a85-ca80e9018ae9.pdf
Major Shareholding Notification
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PRESS RELEASE
Disclosure of a transparency notification
The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 on the obligations of issuers of financial instruments admitted to trading on a regulated market.
Mechelen, 5 October 2021 – Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) hereby discloses, in accordance with article 14, first paragraph of the Law of 2 May 2007, that, on 4 October 2021 it received a transparency notification dated 4 October 2021 from Liberty Global Plc, Liberty Global Broadband I Ltd, UnitedGlobalCom LLC, Liberty Global Holding BV, Binan Investments BV, Liberty Global Europe Holding II BV, Liberty Global Holdings Inc, LGI International LLC, Liberty Global Inc, Telenet Group Holding and Liberty Global Europe Holding BV, in accordance with articles 6 and 18 of the Law of 2 May 2007.
In its notification dated 4 October 2021, received on October 2021, Liberty Global Plc notifies changes in the chain of control over Telenet Group Holding NV within the Liberty Global group as a consequence of transactions between related parties. The ultimate control over Telenet Group Holding NV does not change. It concerns a contribution in kind whereby UnitedGlobalCom LLC contributed its shares in Liberty Global Holding BV to Liberty Global Broadband I Ltd on 1 October, 2021. As a result, UnitedGlobalCom LLC disappears from the chain of control.
The transparency notification received on 4 October 2021 contains the following information:
• Reason for the notification
Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer
• Notification by
A parent undertaking or a controlling person
• Persons subject to the notification requirement
| Liberty Global Plc | Griffin House, 161 Hammersmith Road, Londen W8BS, United Kingdom |
|---|---|
| Liberty Global Broadband I Ltd | Griffin House, 161 Hammersmith Road, Londen W8BS, United Kingdom |
| UnitedGlobalCom LLC | 1550 Wewatta Street, Suite 1000, Denver, CO 80202 United States of America |
| Liberty Global Holding BV | Boeingavenue 53, 119PE Schiphol Rijk, The Netherlands |
| Binan Investments BV | Boeingavenue 53, 119PE Schiphol Rijk, The Netherlands |
| Liberty Global Europe Holding II BV | Boeingavenue 53, 119PE Schiphol Rijk, The Netherlands |
| Liberty Global Holdings Inc | 1550 Wewatta Street, Suite 1000, Denver, CO 80202 United States of America |
| LGI International LLC | 1550 Wewatta Street, Suite 1000, Denver, CO 80202 United States of America |
Liberty Global Inc
Telenet Group Holding NV Liersesteenweg 4, 2800 Mechelen
1550 Wewatta Street, Suite 1000, Denver, CO 80202 United States of America
Liberty Global Europe Holding BV Boeingavenue 53, 1119 PE Schiphol-Rijk, Nederland
• Date on which the threshold is crossed
1 October 2021
• Threshold that is crossed
60%
• Denominator
113.841.819
• Notified details
| A) Voting rights |
Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to securities |
Not linked to the securities |
Linked to securities |
Not linked to the securities |
|
| Liberty Global Plc | 0 | 0 | 0 | 0.00% | 0.00% |
| Liberty Global Broadband I Ltd | 0 | 0 | 0 | 0.00% | 0.00% |
| Liberty Global Holding BV | 0 | 0 | 0 | 0.00% | 0.00% |
| Liberty Global Europe Holding BV | 0 | 0 | 0.00% | 0.00% | |
| Liberty Global Inc | 0 | 0 | 0 | 0.00% | 0.00% |
| LGI International LLC | 0 | 0 | 0 | 0.00% | 0.00% |
| Liberty Global Holdings Inc | 0 | 0 | 0 | 0.00% | 0.00% |
| Liberty Global Europe Holding II BV | 0 | 0 | 0 | 0.00% | 0.00% |
| Binan Investments BV | 66,342,037 | 66,342,037 | 0 | 58.28% | 0.00% |
| Telenet Group Holding NV | 4,598,558 | 4,464,799 | 0 | 3.92% | 0.00% |
| Subtotal | 70,940,595 | 70,806,836 | 62.20% | ||
| TOTAL | 70,806,836 | 0 | 62.20% | 0.00% |
| TOTAL | 0 | 0.00% | |||||
|---|---|---|---|---|---|---|---|
| Holders of equivalent financial instruments |
Type of financial instrument |
Expiration Date |
Exercise period or date |
# of voting rights that may be acquired if the instrument is exercised |
% of voting rights |
Settlement | |
| B) | Equivalent financial instruments |
After the transaction |
| 70,806,836 | rights 62.20% |
|
|---|---|---|
| TOTAL (A & B) | # of voting rights | % of voting |
• Full chain of controlled undertakings through which the holding is effectively held
• Additional information
This transparency notification concerns changes in the chain of control over Telenet Group Holding NV within the Liberty Global group as a consequence of transactions between related parties. The ultimate control over Telenet Group Holding NV does not change. It concerns a contribution in kind whereby UnitedGlobalCom LLC contributed its shares in Liberty Global Holding BV to Liberty Global Broadband I Ltd on 1 October, 2021. As a result, UnitedGlobalCom LLC disappears from the chain of control.
The full text of this notification is also available on our investor website: https://investors.telenet.be.
Contacts
Investor Relations: Rob Goyens [email protected] +32 15 333 054
| Bart Boone | [email protected] | +32 15 333 699 | |
|---|---|---|---|
| Press & Media: | Stefan Coenjaerts | [email protected] | +32 15 335 006 |
| Legal: | Bart van Sprundel | [email protected] | +32 15 333 495 |
About Telenet – As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels. Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant. Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Liberty Global - one of the world's leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution – owns a direct stake of 58.3% in Telenet Group Holding NV (excluding any treasury shares held by the latter from time to time).
Additional Information – Additional information on Telenet and its products can be obtained from the Company's website http://www.telenet.be. Further information regarding the operating and financial data presented herein can be downloaded from the investor relations pages of this website. The Company's Consolidated Annual Report 2020 as well as unaudited condensed consolidated interim financial statements and presentations related to the financial results for the three months ended June 30, 2021 have been made available on the investor relations pages of the Company's website (http://investors.telenet.be).
This document has been released on 5 October 2021 at 6:00 pm CET