22.12.2014 13:59:05
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Ziggo completes delisting and converts to a Dutch private limited company
Utrecht, December 22, 2014
Ziggo completes delisting and converts to a Dutch private limited company
Ziggo Holding B.V., formerly Ziggo N.V. ("Ziggo") today announces that, as anticipated in its joint press release with Liberty Global plc (NASDAQ: LBTYA, LBTYB and LBTYK) dated 21 November 2014 relating to the successful completion of the public offer for all the issued shares in the capital of Ziggo (the "Shares"), the listing and trading of the Shares on Euronext Amsterdam has today terminated. As a result and further to the resolution by the Extraordinary General Meeting of Ziggo of 26 August 2014, Ziggo's articles of association have been amended today, to effect its conversion from a Dutch public limited company (naamloze vennootschap) into a Dutch private limited company (besloten vennootschap).
Note to Ziggo shareholders subject to United States income tax: Ziggo will file an entity classification election pursuant to US Treas. Reg. Sec. 301.7701-3(c) electing to be treated as an unincorporated partnership for US tax purposes. This election will be effective after the delisting, but prior to January 1, 2015. This may affect your tax return for the year 2014. Further details can be found on www.ziggo.com. Please consult your tax advisers.
About Ziggo Ziggo is a national media and communications services provider. Ziggo serves approximately 2.8 million households, 2.0 million broadband Internet customers, 2.3 million digital television customers and 1.6 million telephone subscribers. Our products and services for the small and large business markets comprise telephony, data communications and electronic payment systems. Ziggo is part of Liberty Global, the largest international cable company with operations in 14 countries. Liberty Global's consumer brands include Virgin Media, UPC, Ziggo, Unitymedia, Kabel BW, Telenet and VTR. |
Not for publication For more information please contact: Press Martijn Jonker Corporate Communications Director +31 (0)88 717 2419 | Martijn.Jonker@office.ziggo.nl |
Analysts and Investors Wouter van de Putte Director Treasury and Investor Relations +31 (0)88 717 1799 | investorrelations@office.ziggo.nl Caspar Bos Investor Relations Manager +31 (0)88 717 4619 | investorrelations@office.ziggo.nl |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ziggo via Globenewswire
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