Disclosure in accordance with the Law of May 2, 2007
Notification of important shareholdings -
August 2010 Update on outstanding securities
Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 14 of the Law of May 2, 2007 and the related Royal Decree of February 14, 2008:
On August 31, 2010 Telenet received a notification from Liberty Global Inc. and her affiliates in accordance with article 74, §7 of the Law of April 1, 2007 on public take-overs, according to which Binan Investments B.V. declares to hold a stake in Telenet Group Holding NV that exceeds 30% of the total share capital.
This notification is an update of the notifications Telenet received on September 18, 2007, August 28, 2008 and August 27, 2009. The complete text of this declaration is also available on our website www.telenet.be.
Telenet also discloses the following information in accordance with Article 15 of the Law of May 2, 2007 and the related Royal Decree of February 14, 2008, in relation to the adjustment of the number of outstanding options on profit certificates and warrants, following the payment on August 2, 2010 of the capital reduction approved by the extraordinary general meeting of shareholders on April 28, 2010.
Please find enclosed the complete press release.