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Ziggo major shareholders to reduce stake with share offering

Thursday 25 October 2012 | 09:36 CET | News
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Ziggo's major shareholders, Cinven Cable Investments and WP Holdings IV, said they intend to sell 37 million shares, with an over-allotment option of 3 million more shares. The shareholders originally announced an offering of 25 million shares and an over-allotment option of up to 2 million more shares but raised the amounts due to strong investor demand. The revised offer size is equivalent to 18.5 percent of Ziggo's share capital, excluding the over-allotment option. The current direct combined ownership interest of Cinven, Warburg Pincus and their co-investors is 114.2 million shares, or

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Categories: Fixed
Companies: Ziggo
Countries: Netherlands
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