Cinven and Warburg Pincus have sold their entire stake in Ziggo N.V.
(Thomson Reuters ONE) -
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 ?25.75 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").
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Not for publication Analysts and Investors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(at)office.ziggo.nl
Director Communications a.i.
+31 88 717 2419 | Christian Berghout
Martijn.Jonker(at)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#1696924]
Unternehmensinformation / Kurzprofil:
Datum: 26.04.2013 - 14:30 Uhr
Sprache: Deutsch
News-ID 253404
Anzahl Zeichen: 3728
contact information:
Town:
Utrecht
Kategorie:
Business News
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"Cinven and Warburg Pincus have sold their entire stake in Ziggo N.V."
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