Liberty Global Ltd. Class B Common Shares - LBTYB STOCK NEWS

Liberty Global plc (LBTYA, LBTYB, LBTYK) announced the release of its first quarter 2023 results scheduled for May 9, 2023. An Investor Call will follow on May 10, 2023, at 09:00 a.m. (Eastern Time), where company management will discuss the results and possibly share forward-looking insights. Stakeholders can access a listen-only webcast and investor presentation via Liberty Global's website, which will remain archived for at least 75 days. Liberty Global is a leading provider of converged broadband, video, and mobile communication services, offering over 86 million connections across Europe and the UK, with annual revenues exceeding $7 billion.

Liberty Global plc (NASDAQ: LBTYA, LBTYB, LBTYK) has announced an intention to launch a voluntary public takeover bid for all remaining shares of Telenet Group Holding NV it does not already own. Currently, Liberty Global owns 59.18% of Telenet. The offer price of EUR 22.00 per share represents a premium of 59% compared to Telenet's closing price on 15 March 2023. The bid is conditional upon acquiring at least 95% of Telenet's shares, with support confirmed from Telenet's board. If successful, Liberty Global plans to launch a simplified squeeze-out bid following the acquisition.