Ziggo : Cinven and Warburg Pincus have further reduced stake in Ziggo N.V.
Cinven and Warburg Pincus have further reduced stake in Ziggo N.V.
oZiggo shareholders Cinven, Warburg Pincus and their co-investors have sold
40 million ordinary shares in Ziggo N.V. via an accelerated bookbuild
oResulting in a stake of approximately 17.1% in Ziggo N.V.
Ziggo N.V. ("Ziggo") hereby announces that its major shareholders, Cinven
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.
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.
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
Martijn.Jonker@office.ziggo.nl Manager Corporate Finance & Investor
+31 (0)88 717 1051
This announcement is distributed by Thomson Reuters on behalf of Thomson
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
information contained therein.
Source: Ziggo via Thomson Reuters ONE
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