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Cinven and Warburg Pincus have sold their entire stake in Ziggo N.V.

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...
New York, (informazione.news - comunicati stampa - telecomunicazioni)

 

 

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.

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 20 00, as amended (the "FSMA").

 

 


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