Disclosure of a transparency notification
Friday, March 9, 2018 — The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments admitted to trading on a regulated market.
Brussels, 9 March 2018 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses, in accordance with article 14, first paragraph of the Law of 2 May 2007, that, on 9 March 2018, it received a transparency notification dated 9 March 2018 from BlackRock, Inc., BlackRock (Netherlands) B.V., BlackRock (Singapore) Limited, BlackRock Advisors (UK) Limited, BlackRock Advisors, LLC, BlackRock Asset Management Canada Limited, BlackRock Asset Management Deutschland AG, BlackRock Asset Management North Asia Limited, BlackRock Financial Management, Inc., BlackRock Fund Advisors, BlackRock Institutional Trust Company, National Association, BlackRock International Limited, BlackRock Investment Management (Australia) Limited, BlackRock Investment Management (UK) Limited, BlackRock Investment Management, LLC and BlackRock Japan Co., Ltd., in accordance with articles 6 and 18 of the Law of 2 May 2007.
In its notification of 9 March 2018, BlackRock, Inc. reports that its ultimate shareholding in Telenet (aggregated with its controlled undertakings listed above), with respect to voting rights only, has fallen below the 5% threshold on 7 March 2018.
Separately, on 8 March 2018, Telenet received a transparency notification from BlackRock, Inc. and its affiliated companies listed above, reporting that the total shareholding in Telenet, including equivalent financial instruments, of one of its controlled undertakings, BlackRock Investment Management (UK) Limited, had fallen below the 3% threshold on 6 March 2018.
The transparency notification of 9 March 2018 contains the following information:
- Reason for the notification
Acquisition or disposal of voting securities or voting rights
- Notification by
A parent company or a controlling person
- Persons subject to the notification requirement
| BlackRock, Inc. | 55 East 52nd Street, New York, NY, 10055, U.S.A. |
| BlackRock (Netherlands) B.V. | Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands |
| BlackRock (Singapore) Limited | 20 Anson Road #18-01, Singapore, 79912, Singapore |
| BlackRock Advisors (UK) Limited | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
| BlackRock Advisors, LLC | 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A. |
| BlackRock Asset Management Canada Limited | 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada |
| BlackRock Asset Management Deutschland AG | Max-Joseph-Straße 6, Munich, 80333, Germany |
| BlackRock Asset Management North Asia Limited | 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central, Hong Kong |
| BlackRock Financial Management, Inc. | 55 East 52nd Street, New York, NY, 10055, U.S.A. |
| BlackRock Fund Advisors | 400 Howard Street, San Francisco, CA, 94105, U.S.A. |
| BlackRock Institutional Trust Company, National Association | 400 Howard Street, San Francisco, CA, 94105, U.S.A. |
| BlackRock International Limited | Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K. |
| BlackRock Investment Management (Australia) Limited | Level 37, Chifley Tower, 2 Chifley Square, Sydney NSW 2000 Australia |
| BlackRock Investment Management (UK) Limited | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
| BlackRock Investment Management, LLC | 1 University Square Drive, Princeton, NJ, 8540, U.S.A. |
| BlackRock Japan Co., Ltd. | 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan |
- Date on which the threshold is crossed
7 March 2018
- Threshold that is crossed
- Denominator
- Notified details
| A) Voting rights | Previous notification | After the transaction |
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| # voting rights | # of voting rights | % of voting rights |
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| Holders of voting rights |
| Linked to securities | Not linked to the securities | Linked to securities | Not linked to the securities |
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| BlackRock, Inc. | 0 | 0 | 0 | 0.00% | 0.00% |
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| BlackRock (Netherlands) B.V. | 8,524 | 8,524 | 0 | 0.01% | 0.00% |
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| BlackRock (Singapore) Limited | 4,670 | 4,670 | 0 | 0.00% | 0.00% |
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| BlackRock Advisors (UK) Limited | 647,670 | 608,485 | 0 | 0.52% | 0.00% |
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| BlackRock Advisors, LLC | 39,373 | 39,373 | 0 | 0.03% | 0.00% |
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| BlackRock Asset Management Canada Limited | 28,299 | 28,299 | 0 | 0.02% | 0.00% |
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| BlackRock Asset Management Deutschland AG | 122,089 | 122,089 | 0 | 0.10% | 0.00% |
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| BlackRock Asset Management North Asia Limited | 479 | 360 | 0 | 0.00% | 0.00% |
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| BlackRock Capital Management, Inc. | 50 | 0 | 0 | 0.00% | 0.00% |
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| BlackRock Financial Management, Inc. | 12,619 | 12,619 | 0 | 0.01% | 0.00% |
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| BlackRock Fund Advisors | 693,932 | 693,490 | 0 | 0.59% | 0.00% |
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| BlackRock Institutional Trust Company, National Association | 798,050 | 797,642 | 0 | 0.68% | 0.00% |
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| BlackRock International Limited | 57,870 | 57,870 | 0 | 0.05% | 0.00% |
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| BlackRock Investment Management (Australia) Limited | 12,898 | 12,898 | 0 | 0.01% | 0.00% |
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| BlackRock Investment Management (UK) Limited | 3,391,202 | 3,345,800 | 0 | 2.84% | 0.00% |
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| BlackRock Investment Management, LLC | 58,245 | 58,245 | 0 | 0.05% | 0.00% |
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| BlackRock Japan Co., Ltd. | 65,823 | 65,823 | 0 | 0.06% | 0.00% |
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| Subtotal | 5,941,793 | 5,856,187 |
| 4.97% |
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| TOTAL | 5,856,187 | 0 | 4.97% | 0.00% |
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| B) Equivalent financial instruments | After the transaction | ||||||||||||
| Holders of equivalent | Type of financial instrument | Expiration Date | Exercise period or date | # of voting rights that may be acquired if the instrument is exercised | % of voting rights | Settlement | |||||||
| BlackRock Advisors (UK) Limited | Securities Lent |
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| 5,274 | 0.00% | physical | |||||||
| BlackRock Investment Management (UK) Limited | Securities Lent |
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| 93,117 | 0.08% | physical | |||||||
| BlackRock Advisors (UK) Limited | Contract For Difference |
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| 47 | 0.00% | cash | |||||||
| BlackRock Advisors, LLC | Contract For Difference |
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| 31 | 0.00% | cash | |||||||
| BlackRock Investment Management (UK) Limited | Contract For Difference |
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| 1,623 | 0.00% | cash | |||||||
| BlackRock Investment Management, LLC | Contract For Difference |
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| 6,071 | 0.01% | cash | |||||||
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| TOTAL |
| 106,163 | 0.09% |
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| TOTAL (A & B) | # of voting rights | % of voting rights |
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| 5,962,350 | 5.07% |
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- Full chain of controlled undertakings through which the holding is effectively held
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock (Singapore) Holdco Pte. Ltd. |
| BlackRock HK Holdco Limited |
| BlackRock Lux Finco S.a.r.l. |
| BlackRock Trident Holding Company Limited |
| BlackRock Japan Holdings GK |
| BlackRock Japan Co., Ltd. |
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| BlackRock, Inc. |
| Trident Merger, LLC |
| BlackRock Investment Management, LLC |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Group Limited |
| BlackRock Investment Management (UK) Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Australia Holdco Pty. Ltd. |
| BlackRock Investment Management (Australia) Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Group Limited |
| BlackRock International Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock Holdco 4, LLC |
| BlackRock Holdco 6, LLC |
| BlackRock Delaware Holdings Inc. |
| BlackRock Institutional Trust Company, National Association |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock Holdco 4, LLC |
| BlackRock Holdco 6, LLC |
| BlackRock Delaware Holdings Inc. |
| BlackRock Fund Advisors |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock (Singapore) Holdco Pte. Ltd. |
| BlackRock HK Holdco Limited |
| BlackRock Asset Management North Asia Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Group Limited |
| BlackRock Investment Management (UK) Limited |
| BlackRock Asset Management Deutschland AG |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Holdco 3, LLC |
| BlackRock Canada Holdings LP |
| BlackRock Canada Holdings ULC |
| BlackRock Asset Management Canada Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock Capital Holdings, Inc. |
| BlackRock Advisors, LLC |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Group Limited |
| BlackRock Advisors (UK) Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock (Singapore) Holdco Pte. Ltd. |
| BlackRock (Singapore) Limited |
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| BlackRock, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock International Holdings, Inc. |
| BR Jersey International Holdings L.P. |
| BlackRock Group Limited |
| BlackRock (Netherlands) B.V. |
- Additional information
The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 5%.
The full text of this notification is also available on our investor website: http://investors.telenet.be.
Contacts
| Investor Relations: | Rob Goyens | +32 15 333 054 | |
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| Bart Boone | +32 15 333 699 | |
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| Dennis Dendas | +32 15 332 142 | |
| Press & Media: | Stefan Coenjaerts | +32 15 335 006 | |
| Legal: | Bart van Sprundel | +32 15 333 495 |
About Telenet – As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels. Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant. Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Telenet is 57% owned by Liberty Global - the world's largest international TV and broadband company, investing, innovating and empowering people in more than 30 countries across Europe, Latin America and the Caribbean to make the most of the digital revolution.
Additional Information – Additional information on Telenet and its products can be obtained from the Company’s website www.telenet.be. Further information regarding the operating and financial data presented herein can be downloaded from the investor relations pages of this website. The Company’s Consolidated Annual Report 2016 as well as unaudited condensed consolidated interim financial statements and presentations related to the financial results for the year ended 31 December 2017 have been made available on the investor relations pages of the Company’s website (http://investors.telenet.be).
This document has been published on 9 March 2018 at 18:00 CET
