Public sale of Telenet bearer shares of which the holder is unknown
Friday, October 16, 2015 —
The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market.
Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET), with registered office at 2800 Mechelen, Liersesteenweg 4, and enterprise number 0477.702.333, discloses the following information in accordance with Article 11, § 1 of the Belgian Act of 14 December 2005 on the abolition of bearer shares.
In accordance with applicable regulation, in particular Article 11, § 1 of the Belgian Act of 14 December 2005 as last amended by the Act of 21 December 2013, Telenet is required to proceed with the sale of the bearer shares of which the holders are unknown on the date of the sale. Telenet requests the holders of such shares to identify themselves and to claim their rights prior to the sale of such shares on the regulated market.
At present, 2.883 bearer shares, with ISIN-code BE0003826436, representing 0,000027% of the total capital of the Company, have not been allocated as dematerialized shares or as registered shares. Telenet has no knowledge of pre-emption rights, restrictions or limitations on the transferability of these shares. The respective shares are ordinary shares without any special rights attached thereto.
Holders of Telenet bearer shares can request the conversion of their shares until 18 November 2015 at the latest, at the offices of ING Belgium located at Sint Michielswarande 60 - 1040 Brussels (Belgium). All remaining bearer shares will be publicly sold by Telenet on the regulated market of Euronext Brussels after a period of at least one month (and within three months) as from the publication of this press release. The financial intermediary responsible for the sale is ING Belgium, with registered office located at Marnixlaan 24 at 1000 Brussels (Belgium), and enterprise number 0403.200.393 (RLE Brussels).
After deduction of costs, the proceeds of this sale will be deposited with the Deposit- and Consignment Office of Belgium where persons, which are able to validly evidence their capacity as holder but have not presented their shares in time, can obtain the relevant proceeds of such sale. Legal fines will be due on any amounts received, equal to 10% of the amount or of the value of the securities for each year of delay as from 1 January 2016.
This notice is published on our website http://investors.telenet.be, in the Belgian State Gazette and on the website of Euronext Brussels.