Liberty Global Ltd. (“Liberty Global” or the “Company”) (NASDAQ:
LBTYA, LBTYB and LBTYK) and Sunrise Communications AG today
announced plans to host an investor call following the recent
publication of its preliminary F-4 filing with the SEC regarding
the planned spin-off of Sunrise in Q4 2024.
You are invited to join the investor call, which will begin at
12:00 p.m. (Eastern Time) on Tuesday, September 10, 2024. During
the call, Liberty Global’s General Counsel, Bryan H. Hall, and its
investor relations team will discuss the preliminary F-4 filing and
address investor questions on the filing.
Liberty Global requests that questions during the call are
solely related to technical matters discussed in the F-4 filing,
including spin mechanics.
We recommend pre-registration by using the link below to receive
a calendar invitation with call access details and unique PIN:
Registration Link:
https://www.netroadshow.com/events/login?show=6252fd4b&confId=70809
If you encounter difficulties registering and still wish to
participate in the call:
International: +1 404 975 4839 United States (Toll-Free): +1 833
470 1428 Access Code: 264554
A replay of the call will be available in the Investor Relations
sections of the Company’s website for at least 30 days.
ABOUT LIBERTY GLOBAL
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is a world
leader in converged broadband, video and mobile communications
services. We deliver next-generation products through advanced
fiber and 5G networks, and currently provide over 85 million*
connections across Europe. Our businesses operate under some of the
best-known consumer brands, including Sunrise in Switzerland,
Telenet in Belgium, Virgin Media in Ireland, UPC in Slovakia,
Virgin Media-O2 in the U.K. and VodafoneZiggo in The Netherlands.
Through our substantial scale and commitment to innovation, we are
building Tomorrow’s Connections Today, investing in the
infrastructure and platforms that empower our customers to make the
most of the digital revolution, while deploying the advanced
technologies that nations and economies need to thrive.
Liberty Global's consolidated businesses generate annual revenue
of more than $7 billion, while the VMO2 JV and the VodafoneZiggo JV
generate combined annual revenue of more than $18 billion.**
Liberty Global Ventures, our global investment arm, has a
portfolio of more than 75 companies and funds across the content,
technology and infrastructure industries, including stakes in
companies like ITV, Televisa Univision, Plume, AtlasEdge and the
Formula E racing series.
* Represents aggregate consolidated and 50% owned
non-consolidated fixed and mobile subscribers. Includes wholesale
mobile connections of the VMO2 JV and B2B fixed subscribers of the
VodafoneZiggo JV.
** Revenue figures above are provided based on full year 2023
Liberty Global consolidated results and the combined as reported
full year 2023 results for the VodafoneZiggo JV and full year 2023
U.S. GAAP results for the VMO2 JV.
Sunrise, Telenet, the VMO2 JV and the VodafoneZiggo JV deliver
mobile services as mobile network operators. Virgin Media Ireland
delivers mobile services as a mobile virtual network operator
through third-party networks. UPC Slovakia delivers mobile services
as a reseller of SIM cards.
Liberty Global Ltd. is listed on the Nasdaq Global Select Market
under the symbols "LBTYA", "LBTYB" and "LBTYK".
No Offer to Sell or Solicit
This communication is not an offer to sell or a solicitation of
offers to purchase or subscribe for shares or a solicitation of any
vote or approval. This document is not a prospectus within the
meaning of the Swiss Financial Services Act and not a prospectus
under any other applicable laws. Copies of this document may not be
sent to, distributed in or sent from jurisdictions in which this is
barred or prohibited by law. The information contained herein shall
not constitute an offer to sell or the solicitation of an offer to
buy, in any jurisdiction in which such offer or solicitation would
be unlawful prior to registration, exemption from registration or
qualification under the securities laws of any jurisdiction and
there shall be no sale of securities in any such jurisdiction.
This announcement is only addressed to and directed at specific
addressees who: (A) if in member states of the European Economic
Area (the EEA) are people who are “qualified investors” within the
meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended)
(the Prospectus Regulation) (Qualified Investors); and (B) if in
the U.K., are “qualified investors” within the meaning of Article
2(e) of the UK version of the Prospectus Regulation as it forms
part of domestic law in the U.K. by virtue of the European Union
(Withdrawal) Act 2018 (the UK Prospectus Regulation) who are: (i)
persons having professional experience in matters relating to
investments who fall within the definition of “investment
professionals” in Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
Order); or (ii) high net worth entities falling within Article
49(2)(a) to (d) of the Order; or (C) are other persons to whom an
invitation or inducement to engage in investment activity (within
the meaning of section 21 of the Financial Services and Markets Act
2000 (as amended)) in connection with the sale of any securities of
Sunrise or any member of its group may otherwise lawfully be
communicated or caused to be communicated (all such persons
referred to in (B) and (C) being Relevant Persons). This
announcement must not be acted on or relied on (i) in the U.K., by
persons who are not Relevant Persons and (ii) in any member state
of the EEA by persons who are not Qualified Investors. Any
investment activity to which this announcement relates (i) in the
U.K. is available only to, any may be engaged in only with,
Relevant Persons; and (ii) in any member state of the EEA is
available only to, and may be engaged only with, Qualified
Investors.
This communication is an advertisement for the purposes of the
Prospectus Regulation (EU) 2017/1129 as it forms part of domestic
law by virtue of the European Union (Withdrawal) Act 2018 (as
amended) and underlying legislation. It is not a prospectus. A copy
of any prospectus published by Sunrise will, if approved and
published, be made available for inspection on the Liberty Global’s
website at www.libertyglobal.com subject to certain access
restrictions.
This communication constitutes advertising in accordance with
article 68 of the Swiss Financial Services Act. Such advertisements
are communications to investors aiming to draw their attention to
financial instruments. Any investment decisions with respect to any
securities should not be made based on this advertisement.
Additional Information and Where to Find It
This press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities or a solicitation of
any vote or approval, nor shall there be any sale of securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
In connection with the spin-off of Liberty Global’s businesses
attributed to Sunrise into a separate publicly traded company (the
Transaction), Sunrise has filed with the Securities and Exchange
Commission (the SEC) a registration statement on Form F-4 that
includes a preliminary proxy statement (the Proxy
Statement/Prospectus). After the Proxy Statement/Prospectus is
declared effective, Liberty Global will mail a definitive proxy
statement/prospectus and other relevant documents to shareholders
of Liberty Global as of a record date to be established for voting
on the Transaction. LIBERTY GLOBAL SHAREHOLDERS ARE URGED TO READ
THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AS WELL AS ANY AMENDMENTS
OR SUPPLEMENTS THERETO AND ANY DOCUMENTS INCORPORATED BY REFERENCE
THEREIN AND OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE
PROPOSED TRANSACTION THAT LIBERTY GLOBAL AND SUNRISE WILL FILE WITH
THE SECURITIES AND EXCHANGE COMMISSION WHEN THEY BECOME AVAILABLE
BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE
TRANSACTION. Liberty Global shareholders and investors may obtain
free copies of the Proxy Statement/Prospectus and other relevant
materials (when they become available) and other documents filed by
Liberty Global and Sunrise at the SEC’s website at www.sec.gov.
Copies of the Proxy Statement/Prospectus (and other relevant
materials when they become available) and the filings that will be
incorporated by reference therein may also be obtained, without
charge, by contacting Liberty Global’s Investor Relations at
ir@libertyglobal.com or +1 (303) 220-6600.
Participants in the Solicitation
Liberty Global and its directors, executive officers and certain
employees, may be deemed, under rules of the SEC, to be
participants in the solicitation of proxies in respect of the
proposed Transaction. Information regarding Liberty Global’s
directors and executive officers is set forth in Liberty Global’s
filings with the SEC. Other information regarding the participants
in the proxy solicitation and a description of their direct and
indirect interests, by security holdings or otherwise, is contained
in the Proxy Statement/Prospectus and other relevant materials to
be filed with the SEC (when they become available). These documents
can be obtained free of charge from the sources indicated
above.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding the Transaction, the listing
of the Sunrise shares for trading on the SIX Swiss Exchange (the
SIX), any 2024 financial or operation guidance provided and other
information and statements that are not historical fact. These
forward-looking statements are subject to certain risks and
uncertainties, some of which are beyond Liberty Global’s and
Sunrise’s control, that could cause actual results to differ
materially from those expressed or implied by these statements.
Such risks and uncertainties include the risk that Liberty Global
does not receive shareholder approval for the Transaction and/or
related matters, Liberty Global’s ability to satisfy the other
conditions to the Transaction on the expected timeframe or at all,
the approval of the shares of Sunrise for listing on the SIX and
the development of a trading market for them, the Liberty Global
Board of Directors’ discretion to decide not to complete the
Transaction for any reason, Liberty Global’s ability to realize the
expected benefits from the Transaction, unanticipated difficulties
or costs in connection with the Transaction, Sunrise’s ability to
successfully operate as an independent public company and maintain
its relationships with material counterparties after the
Transaction and other factors detailed from time to time in Liberty
Global’s or Sunrise’s filings with the Securities and Exchange
Commission, including Liberty Global’s most recently filed annual
report on Form 10-K, as it may be supplemented from time to time by
Liberty Global’s quarterly reports and other subsequent
filings.
These forward-looking statements speak only as of the date
hereof. Liberty Global and Sunrise expressly disclaim any
obligation or undertaking to disseminate any updates or revisions
to any forward-looking statement contained herein to reflect any
change in Liberty Global’s or Sunrise’s expectations with regard
thereto or any change in events, conditions or circumstances on
which any such statement is based. You are cautioned not to place
undue reliance on any forward-looking statement.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240906846529/en/
For more information, please visit www.libertyglobal.com or
contact:
Investor Relations Michael Bishop +44 20 8483 6246
Bethany Cannon +44 7714 657 776
Corporate Communications Bill Myers +1 303 220 6686 Matt
Beake +44 20 8483 6428
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