EX-99.1 2 a1-20x168xkexhibit991.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
20 January 2016
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 had the following relevant securities held and in issue outside treasury as of the close of business on 19 January 2016:
252,774,532 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;

582,547,489 Liberty Global Class C ordinary shares of $0.01 each with ISIN reference GB00B8W67B19;
          
12,630,594 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

30,772,919 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 14 December 2015, in 131,942 Liberty Global Class C ordinary shares of $0.01 each.
Liberty Global further announces that, pursuant to entering into a call spread transaction on 19 January 2016, it has acquired interests in 159,813 Liberty Global Class C ordinary shares of $0.01 each at a net premium per share of $31.29. Accordingly, Liberty Global confirms that it has entered into the following call spread transactions pursuant to the Buyback Plan:
Date of entry into transaction
Class of relevant security
Product description
Written or purchased
Number of securities to which option or derivative relates 
Exercise price per unit
(US$)
Type
e.g. American, European etc.
Expiry date
19 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
159,813
Zero
European
22 February 2016
Call option
Written
159,813
31.86
European
15 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
157,881
Zero
European
19 February 2016
Call option
Written
157,881
32.25
European
14 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
153,224
Zero
European
18 February 2016
Call option
Written
153,224
33.23
European



13 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
152,308
Zero
European
17 February 2016
Call option
Written
152,308
33.43
European
12 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
148,661
Zero
European
16 February 2016
Call option
Written
148,661
34.25
European
11 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
144,855
Zero
European
12 February 2016
Call option
Written
144,855
35.15
European
8 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
135,959
Zero
European
11 February 2016
Call option
Written
135,959
37.45
European
7 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
133,604
Zero
European
10 February 2016
Call option
Written
133,604
38.11
European
6 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
129,989
Zero
European
09 February 2016
Call option
Written
129,989
39.17
European
5 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
128,318
Zero
European
08 February 2016
Call option
Written
128,318
39.68
European
4 January
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
127,451
Zero
European
05 February 2016
Call option
Written
127,451
39.95
European
31 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
125,782
Zero
European
04 February 2016
Call option
Written
125,782
40.48
European
30 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
131,465
Zero
European
03 February 2016
Call option
Written
131,465
38.73
European
29 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
132,011
Zero
European
02 February 2016
Call option
Written
132,011
38.57
European
28 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
134,344
Zero
European
01 February 2016
Call option
Written
134,344
37.90
European
24 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
133,150
Zero
European
29 January 2016
Call option
Written
133,150
38.24
European
23 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
134,664
Zero
European
28 January 2016
Call option
Written
134,664
37.81
European
22 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
135,705
Zero
European
27 January 2016
Call option
Written
135,705
37.52
European

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21 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
135,741
Zero
European
26 January 2016
Call option
Written
135,741
37.51
European
18 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
133,604
Zero
European
25 January 2016
Call option
Written
133,604
38.11
European
17 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
130,522
Zero
European
22 January 2016
Call option
Written
130,522
39.01
European
16 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
129,823
Zero
European
21 January 2016
Call option
Written
129,823
39.22
European
15 December 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
131,874
Zero
European
20 January 2016
Call option
Written
131,874
38.61
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 recommended 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 recommended offer. This information may be material to investors in connection with the recommended 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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