Extension of Recommended Public Offer for Ziggo

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Algemeen advies 11/09/2014 07:44
Denver, Colorado and Utrecht, the Netherlands – September 10, 2014:
Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) and Ziggo N.V. (“Ziggo”) today announce that the acceptance period (the “Offer Period”) for Liberty Global’s previously announced recommended
public offer (the “Offer”) to all holders of issued and outstanding ordinary shares (the “Shares”) in the capital of Ziggo has been extended to 17:40 hours CET (10:40 hours EST) on November 4, 2014 (the “Acceptance Closing
Date”), in accordance with the terms and conditions of the Offer Memorandum dated June 27, 2014 and the U.S. prospectus/offer to exchange (the “U.S. Prospectus”) dated August 19, 2014.
The Offer Period has been extended because not all conditions for completion of the Offer, in particular the condition on competition clearance, were fulfilled upon expiry of the initial acceptance period (the “Initial Offer
Period”) at 17:40 hours CET (10:40 hours EST) on September 10, 2014.
Under the terms and conditions of the Offer, assuming the Asset Sale and Liquidation Resolutions adopted by Ziggo’s Extraordinary General Meeting on August 26, 2014 remain in full force and effect as of the Acceptance
Closing Date, the minimum acceptance condition of the Offer will be 80% (and not 95%) of Ziggo's aggregate issued and outstanding ordinary share capital (geplaatst en uitstaand kapitaal) (excluding any Shares held by
Ziggo), on a fully diluted basis, as of the Acceptance Closing Date.
Following the extension of the Offer Period, Shares tendered during the Initial Offer Period may be withdrawn. Any Shares tendered during the Offer Period and not withdrawn prior to the Acceptance Closing Date will remain
subject to the Offer. Ziggo shareholders that have already tendered their Shares in the Offer but whose willingness to tender will be affected by the possible reduction of the minimum acceptance condition to 80% should therefore
withdraw their tendered shares immediately, but in any event, before the expiration of the (extended) Offer Period.



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