2013-03-19 17:23:56 -
Cinven and Warburg Pincus have further reduced stake in Ziggo N.V.
* Ziggo shareholders Cinven, Warburg Pincus and their co-investors have sold
40 million ordinary shares in Ziggo N.V. via an accelerated bookbuild
* Resulting in a stake of approximately 17.1% in Ziggo N.V.
Ziggo N.V. ("Ziggo") hereby announces that its major shareholders, Cinven Cable
Investments S.à r.l. and WP Holdings IV B.V. (respectively "Cinven" and
Pincus") have today sold 40 million existing Ziggo N.V. shares owned by them and
certain of their co-investors.
The remaining direct combined ownership interest of Cinven, Warburg Pincus and
their co-investors is a combined 34.2 million shares in Ziggo, representing
approximately 17.1% of the capital.
Nothing in this communication shall constitute an offer to sell or
solicitation of an offer to buy securities in the United States, Canada,
Australia or Japan or any jurisdiction in which such offer or sale would be
unlawful. This communication is not an offer of securities for sale in the
United States. The securities referred to herein have not been and will not be
registered under the United States Securities Act of 1933, as amended. There
will be no public offer of the securities referred to herein in the United
States. This communication is not being made, and this communication has not
been approved, by an authorised person for the purposes of section 21 of the
Financial Services and Markets Act 2000, as amended (the -FSMA"). Nothing in
this communication shall constitute an offer to sell or the solicitation of an
offer to buy securities in the United States, Canada, Australia or Japan or any
jurisdiction in which such offer or sale would be unlawful. The offering and the
distribution of this communication and other information in connection with the
transaction referred to herein may be restricted by law and persons into whose
possession this communication or other information referred to herein comes
should inform themselves about and observe any such restriction. Any failure to
comply with these restrictions may constitute a violation of the securities laws
of any such jurisdiction.
Ziggo is a Dutch provider of entertainment, information and communication
through television, internet and telephony services. The company serves around
2.8 million households, with almost 1.8 million internet subscribers, more than
2.2 million subscribers using digital television and 1.5 million telephony
subscribers. Business-to-business customers use services such as data
communication, telephony, television and internet. The company owns a next-
generation network capable of providing the
bandwidth required for all future services currently foreseen. More information
on Ziggo can be found on: www.ziggo.com
Not for publication Analysts and Investors
Wouter van de Putte
For more information please contact: Director Corporate Finance & Investor
Press +31 88 717 1799 |
Martijn Jonker email@example.com
Director Communications a.i.
+31 88 717 2419 | Christian Berghout
Manager Corporate Finance & Investor
+31 (0)88 717 1051
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originality of the information contained therein.
Source: Ziggo via Thomson Reuters ONE