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

 

 

# voting rights

# of voting rights

% of voting rights

 

Holders of voting rights

 

Linked to securities

Not linked to the securities

Linked to securities

Not linked to the securities

 

BlackRock, Inc.

0

0

0

0.00%

0.00%

 

BlackRock (Netherlands) B.V.

8,524

8,524

0

0.01%

0.00%

 

BlackRock (Singapore) Limited

4,670

4,670

0

0.00%

0.00%

 

BlackRock Advisors (UK) Limited

647,670

608,485

0

0.52%

0.00%

 

BlackRock Advisors, LLC

39,373

39,373

0

0.03%

0.00%

 

BlackRock Asset Management Canada Limited

28,299

28,299

0

0.02%

0.00%

 

BlackRock Asset Management Deutschland AG

122,089

122,089

0

0.10%

0.00%

 

BlackRock Asset Management North Asia Limited

479

360

0

0.00%

0.00%

 

BlackRock Capital Management, Inc.

50

0

0

0.00%

0.00%

 

BlackRock Financial Management, Inc.

12,619

12,619

0

0.01%

0.00%

 

BlackRock Fund Advisors

693,932

693,490

0

0.59%

0.00%

 

BlackRock Institutional Trust Company, National Association

798,050

797,642

0

0.68%

0.00%

 

BlackRock International Limited

57,870

57,870

0

0.05%

0.00%

 

BlackRock Investment Management (Australia) Limited

12,898

12,898

0

0.01%

0.00%

 

BlackRock Investment Management (UK) Limited

3,391,202

3,345,800

0

2.84%

0.00%

 

BlackRock Investment Management, LLC

58,245

58,245

0

0.05%

0.00%

 

BlackRock Japan Co., Ltd.

65,823

65,823

0

0.06%

0.00%

 

Subtotal

5,941,793

5,856,187

 

4.97%

 

 

 

TOTAL

5,856,187

0

4.97%

0.00%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

B)           Equivalent financial                instruments

After the transaction

Holders of equivalent
financial instruments

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

 

 

5,274

0.00%

physical

BlackRock Investment Management (UK) Limited

Securities Lent

 

 

93,117

0.08%

physical

BlackRock Advisors (UK) Limited

Contract For Difference

 

 

47

0.00%

cash

BlackRock Advisors, LLC

Contract For Difference

 

 

31

0.00%

cash

BlackRock Investment Management (UK) Limited

Contract For Difference

 

 

1,623

0.00%

cash

BlackRock Investment Management, LLC

Contract For Difference

 

 

6,071

0.01%

cash

 

TOTAL

 

106,163

0.09%

 

 

 

 

 

 TOTAL                (A & B)

# of voting rights

% of voting rights

 

 

 

 

 

5,962,350

5.07%

 

                           

 

 

  • Full chain of controlled undertakings through which the holding is effectively held

 

  •  

 

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.

 

BlackRock, Inc.

Trident Merger, LLC

BlackRock Investment Management, LLC

 

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, 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

 

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

 

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

 

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

 

BlackRock, Inc.

BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

 

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

 

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

 

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

 

BlackRock, Inc.

BlackRock Holdco 2, Inc.

BlackRock Financial Management, Inc.

BlackRock Capital Holdings, Inc.

BlackRock Advisors, LLC

 

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

 

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

 

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

rob.goyens@telenetgroup.be

+32 15 333 054

 

Bart Boone

bart.boone@telenetgroup.be

+32 15 333 699

 

Dennis Dendas

dennis.dendas@telenetgroup.be

+32 15 332 142

Press & Media:

Stefan Coenjaerts

stefan.coenjaerts@telenetgroup.be

+32 15 335 006

Legal:

Bart van Sprundel

bart.van.sprundel@telenetgroup.be

+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