Telenet’s board of directors proposes a €1.3050 gross final dividend per share (€143.2 million in aggregate) and the cancellation of 814,966 treasury shares at the next AGM/EGM in April

The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 on the obligations of issuers of financial instruments admitted to trading on a regulated market. Inside information.

Brussels, March 27, 2020 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) announces that its board of directors proposes a gross final dividend per share of €1.3050, equivalent to €143.2 million, to its shareholders at the April 2020 Annual General Shareholders’ Meeting. In addition, the board of directors proposes to the next Extraordinary Shareholders’ Meeting to cancel 814,966 treasury shares. This proposal is consistent with Telenet’s policy to maintain an adequate level of treasury shares to cover the outstanding obligations under the Company’s management long-term incentive plans. When approved, the Company’s share count will decrease from 114,656,785 to 113,841,819.  

Press release Final dividend 2019 and Share cancellation _vFINAL (ENG).pdf - 362 KB

 

 

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About Telenet Group NV/SA

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. Liberty Global - one of the world’s leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution – owns a direct stake of 57.9% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).


The BASE newsroom can be found at press.base.be

Telenet Group NV/SA
Liersesteenweg 4
2800 Mechelen