Liberty Global Completes VodafoneZiggo Acquisition; Announces Ziggo Spin

What Happened

• On August 3, 2026 Liberty Global Ltd. (LBTYA) announced it has completed the acquisition of Vodafone Group plc’s 50% shareholding in VodafoneZiggo and has formally separated the Wyre Holding BV and Telenet Group Holding NV/SA capital structures. The company furnished a related press release as Exhibit 99.1 to the 8-K.
• As part of the transaction, Vodafone received €1.0 billion in cash and a 10% equity interest in the newly formed Ziggo Group; Liberty Global owns the remaining 90%. Ziggo Group will hold Liberty Global’s interests in VodafoneZiggo (Netherlands) and Telenet (Belgium and Luxembourg).

Key Details

• Transaction close date announced: August 3, 2026 (press release filed as Exhibit 99.1).
• Vodafone consideration: €1.0 billion cash + 10% equity in Ziggo Group; Liberty retains 90% of Ziggo Group.
• Corporate structure: Wyre Holding BV and Telenet Group Holding NV/SA capital structures have been formally separated.
• Spin Transaction: Liberty Global reiterated its intent to distribute its entire equity interest in Ziggo Group to shareholders and seek a listing of Ziggo Group shares on Euronext Amsterdam; the spin is subject to board and shareholder approval, SEC effectiveness of a registration statement, and other customary conditions.

Why It Matters

• For investors, the deal concentrates Liberty Global’s ownership in a newly organized Ziggo Group that will hold key Dutch and Belgian assets and sets up a planned spin-off and separate public listing that could materially change Liberty Global’s asset mix and shareholder holdings. The spin requires multiple approvals (board, shareholders, SEC registration effectiveness) and other conditions before it occurs, so timing and completion are not guaranteed. The company also included the standard forward-looking statements caution about risks and uncertainties.