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Update on Share Repurchase Program 2018bis

Update on Share Repurchase Program 2018bis

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.

Brussels, Mar 11, 2019 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 207 of the Royal Decree of January 30, 2001 implementing the Belgian Company Code.

In the framework of the Share Repurchase Program 2018bis, as announced on June 25, 2018, the Company reports today that during the period from March 4, 2019 until March 8, 2019, the following transactions took place through the central order book of the regulated market of Euronext Brussels:

The Company currently holds 7,663,976 own shares (previous update:  7,530,064 own shares), representing 6.51% of the total number of outstanding shares (previous update: 6.40%).

All repurchased shares under the Share Repurchase Program 2018bis (currently 5,486,743 own shares) will in first instance serve to cover Telenet’s obligations towards its employees under its share option plans with the excess above 3.7 million of the under the Share Repurchase Program 2018bis repurchased shares being cancelled.

This information will also be available on the investor relations pages of our website (investors.telenet.be) under the Shareholders section.

Press release 20190311 Press Release Share Buyback Program 2018 (ENG).pdf - 500 KB

 

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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. Liberty Global - the world's largest international TV and broadband company, investing, innovating and empowering people in more than 10 countries across Europe to make the most of the digital revolution – owns a direct stake of 56.36% 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
Neerveldstraat 105
1200 Brussels