Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Cinven and Warburg Pincus have further reduced stake in Ziggo N.V.


Print article Print article
Copyright © Thomson Reuters 2013. All rights reserved.
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
"Warburg
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.

IMPORTANT NOTICE
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. 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. About Ziggo 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   Relations Press +31 88 717 1799 | Martijn Jonker investorrelations@office.ziggo.nl Director Communications a.i. +31 88 717 2419 | Christian Berghout Martijn.Jonker@office.ziggo.nl Manager Corporate Finance & Investor Relations +31 (0)88 717 1051 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Ziggo via Thomson Reuters ONE [HUG#1686466]


Press Information:




Contact Person:


Disclaimer: © 2013 Thomson Reuters. The press releases or report contained herein is protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Thomson Reuters's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser