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, May 20, 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 May 13, 2019 until May 17, 2019, the following transactions took place through the central order book of the regulated market of Euronext Brussels:
The Company currently owns 6,195,536 own shares1 (total number of own shares in the previous update 6,184,186) or 5.35% of the total number of outstanding shares (previous update 5.34%).
All repurchased shares under the 2018bis Share Repurchase Program (to date 6,432,162 own shares) will initially serve to allow Telenet to meet its obligations to its employees under its stock option plans, whereby the balance above 3.7 million repurchased shares will be cancelled.
This information will also be available on the investor relations pages of our website (investors.telenet.be) under the Shareholders section.