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Broadband

Ziggo management sell shares

Wednesday 26 November 2014 | 10:13 CET | News
The management of Ziggo have sold their shares in the company in the public offer by Liberty Global for the cable operator. According to filings with the Financial Markets Authority, reported by RTL News, CFO Bert Groenewegen sold on 11 November a packet of shares worth around EUR 10 million based on a price of EUR 39.13 per share. A few days prior he was awarded 11,000 shares. CEO Rene Obermann sold shares worth around EUR 1 million, and chairman Andrew Sukawaty sold shares worth EUR 20 million. Liberty Global has acquired over 98 percent of shares in the company and started a squeeze-out

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Categories: Fixed
Companies: Liberty Global / Ziggo
Countries: Netherlands
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