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Liberty Global Completes Post-Closing Acceptance Period for Ziggo
[November 21, 2014]

Liberty Global Completes Post-Closing Acceptance Period for Ziggo


DENVER, Colorado and UTRECHT, the Netherlands --(Business Wire)--

Liberty Global (News - Alert) plc ("Liberty Global") (NASDAQ: LBTYA, LBTYB and LBTYK) and Ziggo N.V. ("Ziggo") today announce that the post-closing acceptance period (na-aanmeldingstermijn) (the "Post-Closing Acceptance Period") relating to the previously announced recommended public offer to Ziggo (News - Alert) shareholders (the "Offer") by a subsidiary of Liberty Global expired at 17:40 hours CET (11:40 a.m. hours EST) on Wednesday, November 19, 2014. During the Post-Closing Acceptance Period, 21,160,310 Ziggo ordinary shares ("Shares"), representing approximately 10.6% of all issued and outstanding Shares, were tendered. The Shares tendered in the Post-Closing Acceptance Period, together with the 175,771,391 Shares that were already held by Liberty Global, represent approximately 98.4% of all issued and outstanding Shares.

In addition, as a result of the acquisition by Liberty Global of more than 95% of the Shares, the listing and trading of the Shares on Euronext Amsterdam will be terminated on December 22, 2014. Therefore, the last day of trading of the Shares will be on December 19, 2014. Furthermore, Liberty Global will initiate a statutory squeeze-out procedure in accordance with article 2:359c and 2:92a of the Dutch Civil Code as soon as possible, in order to acquire the remaining Shares not owned by Liberty Global.

About Liberty Global

Liberty Global is the world's largest international cable company with operations in 14 countries. We connect people o the digital world and enable them to discover and experience its endless possibilities. Our market-leading services are provided through next-generation networks and innovative technology platforms that, when combined with those of Ziggo N.V., connected 27 million customers subscribing to 56 million television, broadband internet and telephony services at September 30, 2014.



Liberty Global's consumer brands include Virgin Media, UPC, Ziggo, Unitymedia (News - Alert), Kabel BW, Telenet and VTR. Our operations also include Liberty Global Business Services, our commercial division, and Liberty Global Ventures, our investment fund. For more information, please visit www.libertyglobal.com.

About Ziggo


Ziggo is a Dutch provider of entertainment, information and communication through television, internet and telephony services. The company serves around 2.8 million households, with 2.0 million internet subscribers, over 2.3 million subscribers for digital television and 1.6 million telephony subscribers. Business-to-business subscribers use services such as data communication, telephony, television and internet. The company owns a next-generation network capable of providing the bandwidth required for all future services currently foreseen. More information on Ziggo can be found on: www.ziggo.com.

This is a joint press release by Liberty Global plc ("Liberty Global") and Ziggo N.V. ("Ziggo") in connection with the completed recommended public offer(the "Offer") by LGE HoldCo VII B.V., an indirect wholly-owned subsidiary of Liberty Global (the "Offeror"), for all the issued and outstanding shares in the capital of Ziggo not owned by Liberty Global and its affiliates. The Offer was made solely pursuant to the Offer Memorandum, dated June 27, 2014, approved by the Netherlands Authority for the Financial Markets (Autoriteit FinanciĆ«le Markten), and the U.S. prospectus/offer to exchange, dated August 19, 2014, forming part of the Registration Statement on Form S-4 filed by Liberty Global with the United States Securities and Exchange Commission ("SEC (News - Alert)") and any amendments or supplements to such Offer materials. This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, Canada and Japan. This announcement is formally required pursuant to Article 17(4) of the Decree on Public Takeover Bids Wft (Besluit Openbare Biedingen Wft).


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