EX-99.1 2 a12-10x158xkexhibit991.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
Rule 2.10 Announcement and Buyback of Own Shares
10 December 2015
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) confirms that it has the following relevant securities held and in issue outside treasury as of the close of business on 09 December 2015:
252,757,106 Liberty Global Class A ordinary shares of $0.01 each with ISIN reference GB00B8W67662;

10,472,517 Liberty Global Class B ordinary shares of $0.01 each with ISIN reference GB00B8W67779;

587,573,709 Liberty Global Class C ordinary shares of $0.01 each with ISIN reference GB00B8W67B19;
   
12,630,580 LiLAC Class A ordinary shares of $0.01 each with ISIN reference GB00BTC0M714;

523,423 LiLAC Class B ordinary shares of $0.01 each with ISIN reference GB00BTC0M938; and

30,772,874 LiLAC Class C ordinary shares of $0.01 each with ISIN reference GB00BTC0MD78.

Liberty Global announces that it has acquired shares, pursuant to the exercise of a call option entered into on 05 November 2015, in 347,237 Liberty Global Class C ordinary shares of $0.01 each.
Liberty Global further announces that, pursuant to entering into a call spread transaction on 09 December 2015, it has acquired interests in 127,196 Liberty Global Class C ordinary shares of $0.01 each at a net premium per share of $39.31. Accordingly, Liberty Global confirms that it has entered into the following call spread transactions pursuant to the Buyback Plan:
Date of entry into transaction
Class of relevant security
Product description
Written or purchased
Number of securities to which option or derivative relates 
Exercise price per unit
(US$)
Type
e.g. American, European etc.
Expiry date
09 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
127,196
Zero
European
13 January 2016
Call option
Written
127,196
40.03
European
08 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
125,751
Zero
European
12 January 2016
Call option
Written
125,751
40.49
European
07 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
124,979
Zero
European
11 January 2016
Call option
Written
124,979
40.74
European



04 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
124,979
Zero
European
08 January 2016
Call option
Written
124,979
40.74
European
03 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
124,247
Zero
European
07 January 2016
Call option
Written
124,247
40.98
European
02 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
122,543
Zero
European
06 January 2016
Call option
Written
122,543
41.55
European
01 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
122,425
Zero
European
05 January 2016
Call option
Written
122,425
41.59
European
30 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
125,906
Zero
European
04 January 2016
Call option
Written
125,906
40.44
European
27 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
125,689
Zero
European
31 December 2015
Call option
Written
125,689
40.51
European
25 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
126,595
Zero
European
30 December 2015
Call option
Written
126,595
40.22
European
24 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
127,132
Zero
European
29 December 2015
Call option
Written
127,132
40.05
European
23 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
124,765
Zero
European
28 December 2015
Call option
Written
124,765
40.81
European
20 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
125,256
Zero
European
24 December 2015
Call option
Written
125,256
40.65
European
19 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
125,102
Zero
European
23 December 2015
Call option
Written
125,102
40.70
European
18 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
123,945
Zero
European
22 December 2015
Call option
Written
123,945
41.08
European
17 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
364,644
Zero
European
21 December 2015
Call option
Written
364,644
41.89
European
16 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
355,149
Zero
European
18 December 2015
Call option
Written
355,149
43.01
European
13 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
349,142
Zero
European
17 December 2015
Call option
Written
349,142
43.75
European

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12 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
345,431
Zero
European
16 December 2015
Call option
Written
345,431
44.22
European
11 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
343,643
Zero
European
15 December 2015
Call option
Written
343,643
44.45
European
10 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
346,843
Zero
European
14 December 2015
Call option
Written
346,843
44.04
European
09 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
350,022
Zero
European
11 December 2015
Call option
Written
350,022
43.64
European
06 November 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
345,822
Zero
European
10 December 2015
Call option
Written
345,822
44.17
European

Further Information
A copy of this announcement will be made available on Liberty Global's website, www.libertyglobal.com.
Investors should note that in connection with the proposed offer for Cable & Wireless Communications Plc, Liberty Global will be required to disclose, which may be on a daily basis, certain further information about its share buyback program and capital structure, as well as other information relating to Liberty Global and the proposed offer. This information may be material to investors in connection with the proposed offer. This information will be posted on our website and will be released through the Regulatory News Service in the U.K., as required by the Code. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on our website, as well as through the Regulatory News Service, which can be accessed here:
http://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html.
For more information about Liberty Global, please visit www.libertyglobal.com or contact:
Investor Relations:
 
 
Corporate Communications:
Oskar Nooij
+1 303 220 4218
 
Marcus Smith
+44 20 7190 6374
Christian Fangmann
+49 221 8462 5151
 
Bert Holtkamp
+31 20 778 9800
John Rea
+1 303 220 4238
 
Matt Beake
+44 20 8483 6428

Disclosure requirements of the Code
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th

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business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.




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