Liberty Global Ltd. (Liberty Global) (NASDAQ: LBTYA, LBTYB and
LBTYK) is pleased to announce a Sunrise Capital Markets Day on
Monday, September 9, 2024 ahead of the proposed spin-off on the SIX
Swiss Exchange expected in Q4 2024. The Capital Markets Day will be
hosted by the Sunrise management team, who will present Sunrise’s
operating strategy and financial outlook to investors and analysts.
A roadshow hosted by Sunrise’s CEO and CFO will follow shortly
thereafter.
The Capital Markets Day will be webcast on both the Sunrise and
Liberty Global websites. The presentation is expected to start at
13:30 CEST / 7.30 EDT. A replay of this event will be available for
approximately 90 days on both the Sunrise and Liberty Global
websites.
A detailed agenda will be published ahead of the event.
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".
ABOUT SUNRISE
Sunrise GmbH, a subsidiary wholly owned by Liberty Global, is
Switzerland's largest private telecommunications company.
Sunrise provides high-quality mobile, landline, broadband and TV
services to residential customers and offers companies a 360°
portfolio from a single source, with outstanding end-to-end
services and solutions optimally tailored to their needs for the
digital, mobile and secure world of work.
Thanks to its hybrid fiber network, including an award-winning
mobile network, Sunrise is one of Switzerland’s leading providers
of giga-speed Internet. The Sunrise mobile network is the only
network in Switzerland to have been awarded the highest rating of
“OUTSTANDING” in the connect mobile-network test eight times in a
row. Sunrise offers the highest quality of mobile broadband
internet and the largest 5G network in Switzerland (connect issue
1/2024).
As of the end of March 2024, Sunrise broadband internet reached
over 95% of Swiss households with giga speeds and provided
substantially all of the Swiss population with 5G mobile
coverage.
Sunrise boasts a dynamic and international environment where
everyone has a voice, where perspectives are shared and where
values are respected. Being an employer that provides equal
opportunities to a diverse workforce is critical to the success of
the company. Over 2700 employees from around 70 nations,
representing many different languages and religions, contribute to
the success of Sunrise with their expertise, innovative thinking
and exceptional commitment, and reflect the diversity of their
customers.
www.sunrise.ch/en/home
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
addresses 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 the Company 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 the Company will, if approved and
published, be made available for inspection on the issuer’s website
at www.libertyglobal.com subject to certain access
restrictions.
Additional Information and Where to Find It
In connection with the spin-off of Liberty Global’s businesses
attributed to Sunrise into a separate publicly traded company (the
“Transaction”), a registration statement on Form F-4 that will
include a preliminary proxy statement (the “Proxy
Statement/Prospectus”) will be filed and mailed to the Liberty
Global shareholders. 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 Securities and
Exchange Commission (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, will be 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240708958965/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 Sunrise
Press Contact Within Switzerland: 0800 333 000 From outside of
Switzerland: +41 58 777 76 66 E-Mail: media@sunrise.net
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