Disclosure in accordance with the Law of May 2, 2007
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 April 14, 2010 Telenet received a transparency declaration from the members of the Liberty Global Consortium, acting in concert, stating that Binan Investments B.V., as of April 8, 2010, holds 56,405,400 shares of the Company, representing 50.45% of the total share capital of the Company.
This transparency declaration is filed in relation to certain transfers between members of the Liberty Global Consortium, as a result whereof all shares of Binan Investments B.V. were finally acquired by UPC Belgium B.V., another affiliate of Liberty Global Inc.
This declaration also mentions the acquisition of 313,789 shares of the Company by Binan Investments B.V. trough market purchases since its last transparency declaration (purchases without threshold exceeding).
The complete text of this transparency declaration is also available on our website investors.telenet.be.
Any increase above (or decrease below) the following thresholds requires a declaration to Telenet and the Banking, Finance and Insurance Commission (CBFA):
- 3% statutory threshold, as set out by the articles of association of the Company;
- 5% or each multiple of 5%, as set out by Belgian law.
Transparency declaration forms are available on the website of the CBFA:
http://www.cbfa.be/eng/gv/ah/circ/pdf/TR-1BE.xls
A detailed guide for completing a transparency declaration is also available on the website of the CBFA:
http://www.cbfa.be/eng/gv/ah/circ/pdf/cbfa_2008_16.pdf
The transparency declaration form should be submitted to:
- the CBFA (email trp.fin@cbfa.be and fax* +32 2 220 59 12)
- Telenet (email investor.relations@staff.telenet.be and fax* +32 +32 15 33 59 59)
* For reasons of legal certainty
This information is also available on our website investors.telenet.be.
Enclosed you will find the press release.
