Liberty Global Ltd. - LBTYA STOCK NEWS

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) has announced its participation in the Morgan Stanley European Technology, Media & Telecom Conference. The presentation is scheduled for Wednesday, November 20, 2024, at 9:45 a.m. CET at the Hotel Arts in Barcelona, Spain. During the event, the company will discuss its historical performance and outlook. A live webcast will be available on Liberty Global's website and archived in the Investor Relations section for approximately 30 days.

Liberty Global and Sunrise Communications AG have announced an upcoming investor call to discuss the Sunrise spin-off timings and ADS conversion mechanics. The call is scheduled for 10:00 a.m. (Eastern Time) on Friday, November 1, 2024. Liberty Global's General Counsel, Bryan H. Hall, along with the investor relations team, will lead the discussion and address investor questions.

Participants can pre-register through a provided link to receive calendar invitations with call access details. Alternative participation options include international dial-in (+1 404 975 4839) and US toll-free (+1 833 470 1428) numbers with access code 284597. A replay will be available in the Investor Relations section of the Company's website for at least 30 days.

Liberty Global reported Q3 2024 results showing sequential improvement in broadband and mobile net adds across markets. Revenue increased 4.4% YoY to $1.93 billion, while net loss was $1.41 billion. The company is on track to achieve full-year guidance targets. Key developments include the approved Sunrise spin-off set for November 12th with planned debt paydown of CHF 1.5b, and approximately $900 million in asset proceeds expected from transactions announced over the last year. The company holds $3.5 billion in cash, expected to be ~$2 billion by year-end after $1.4 billion capital injection into Sunrise. Liberty Global has acquired ~8% of outstanding shares through October 25 against 10% target by year-end.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) has announced key dates for the 100% spin-off of Sunrise. A special shareholder meeting will be held on October 25, 2024, with the distribution record date set for November 4, 2024. Sunrise American Depository Shares (ADSs) will be distributed on November 12, 2024. Sunrise Class A ADSs are expected to trade on Nasdaq on a when-issued basis from November 4, 2024, with regular trading beginning on November 13, 2024. Sunrise Class A shares will be listed on the SIX Swiss Exchange, with trading expected to start on November 15, 2024.

The distribution ratio is 1 Sunrise Class A ADS for every 5 Liberty Global Class A or C shares, and 2 Sunrise Class B ADSs for every 1 Liberty Global Class B share. ADS holders can exchange their ADSs for underlying Sunrise shares starting November 14, 2024. After the spin-off, Sunrise will be an independent, publicly traded Swiss company, while Liberty Global will continue to operate its businesses in Belgium, Ireland, Slovakia, the U.K., and the Netherlands.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) has announced the release date for its third quarter 2024 financial results. The company will publish its Q3 2024 results on Tuesday, October 29, 2024. Following the release, Liberty Global will host an Investor Call on Wednesday, October 30, 2024, at 09:00 a.m. Eastern Time. During this call, the company's management team will discuss the quarterly results and may provide additional forward-looking information. This event offers an opportunity for investors and analysts to gain insights into Liberty Global's performance and future outlook.

Liberty Global and Sunrise Communications AG have announced an investor call scheduled for September 10, 2024, at 12:00 p.m. Eastern Time. The call will discuss the recently published preliminary F-4 filing with the SEC regarding the planned spin-off of Sunrise in Q4 2024.

The call will be led by Liberty Global's General Counsel, Bryan H. Hall, and the investor relations team. They will address investor questions specifically related to technical matters in the F-4 filing, including spin mechanics. Participants are encouraged to pre-register using the provided link to receive call access details and a unique PIN.

For those unable to pre-register, alternative access numbers are provided. A replay of the call will be available on the company's Investor Relations website for at least 30 days after the event.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) is set to present at the Goldman Sachs European Communacopia Conference on September 17, 2024 at 7:20 a.m. Mountain Time. The company plans to discuss its historical performance and future outlook during the presentation. Investors and interested parties can access the live webcast on Liberty Global's website. The presentation will be archived for approximately 30 days in the Investor Relations section of the company's website, allowing those unable to attend the live event to review the information later.

Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK) has released its 2023 People Planet Progress report, highlighting sustainability and social impact achievements. Key points include:

- 44% women in workforce (Netherlands, UK, US)
- 28% decrease in carbon emissions since 2019
- Over 225,000 people benefited from affordable connectivity packages
- 1.9 million people impacted by digital skills programs
- 92% renewable electricity procured
- 600,000+ devices refurbished
- Increased CDP rating to B grade

The company joined the UN Global Compact and aims to have 45% women in its workforce by 2025.

Liberty Global reported Q2 2024 financial results, highlighting strategic progress and strong financial performance. Key points include:

• Sunrise spin-off on track for Q4 2024
• $3.5 billion consolidated cash balance
• Strong performance in Netherlands, momentum in Switzerland, and fixed ARPU recovery in UK
• Revenue of $1,873.7 million, up 2.2% YoY on a rebased basis
• Net earnings of $275.2 million, up 153.8% YoY
• Adjusted EBITDA of $604.7 million, up 1.0% YoY on a rebased basis

The company updated VMO2's full-year revenue guidance to 'low to mid-single-digit decline' due to lower handset sales, but remains on track for other OpCo guidance targets. Liberty Global continues to focus on maximizing FMC value, leveraging its Ventures portfolio, and delivering shareholder value.