Cinven and Warburg Pincus have sold their entire stake in Ziggo N.V.
Comunicato Precedente
Comunicato Successivo
26-April-2013
Cinven and Warburg Pincus have sold their entire stake in Ziggo N.V.
Further to its press release of this morning, 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") and their co-investors announce the successful placement of approximately 34 million ordinary shares of Ziggo N.V. at a price of EUR25.75 per share.
After the completion of the transaction, Cinven, Warburg Pincus and their co-investors will cease to own any interest in Ziggo.
Final allocations are expected to be communicated today and settlement is expected to take place on Thursday, 2 May 2013.
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").
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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 |
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Not for publication
For more information please contact:
Press Martijn Jonker Director Communications a.i. +31 88 717 2419 | [email protected] |
Analysts and Investors Wouter van de Putte Director Corporate Finance & Investor Relations +31 88 717 1799 | [email protected]
Christian Berghout Manager Corporate Finance & Investor Relations +31 (0)88 717 1051 |
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