Key Developments: Ziggo NV (ZIGGO.AS)

ZIGGO.AS on Amsterdam Stock Exchange

34.06EUR
28 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Ziggo gives FY 2014 outlook in line with analysts' estimates
Thursday, 17 Jul 2014 01:36am EDT 

Ziggo NV:Expects FY 2014 EBITDA flat compared to FY 2013.FY 2013 EBITDA 886.80 mln euros.FY 2014 EBITDA 895.11 mln euros - Thomson Reuters I/B/E/S.  Full Article

recommended public offer for all issued and outstanding ordinary shares of Ziggo Not Yet Owned by Liberty Global
Friday, 27 Jun 2014 02:00am EDT 

Liberty Global plc and Ziggo N.V:Announces the publication of an offer memorandum in the Netherlands, and that Liberty Global will file a registration statement in the United States that includes a prospectus/offer to exchange by Liberty Global on June 27.Pursuant to which LGE Holdco VII B.V. (a subsidiary of Liberty Global, the Offeror) is making a recommended public offer (the Offer) to all holders of issued and outstanding ordinary shares with a nominal value of 1.00 Euro each in the capital of Ziggo.Offer will commence at July 02 and will expire on Sept. 10.  Full Article

Ziggo comments of FY 2014 EBITDA guidance and proposes not to pay final FY 2013 dividend
Wednesday, 16 Apr 2014 01:30am EDT 

Ziggo NV:Sees flat EBITDA for FY 2014 compared to previous year.Proposes that total dividend for FY 2013 be equal to interim dividend distributed in Sept. 2013.Consequently, there will be no final dividend distribution following shareholder meeting on April 17.  Full Article

Ziggo and Liberty Global plc reach conditional merger agreement
Monday, 27 Jan 2014 02:53am EST 

Ziggo NV:Says to have reached a conditional agreement with Liberty Global plc on a recommended offer pursuant to which Liberty Global will acquire Ziggo in a stock and cash transaction valuing Ziggo at about 10 billion euros ($13.7 billion).Says Liberty Global announced that its Board of Directors has approved a stock dividend of one Liberty Global Class C ordinary share on each outstanding Class A, Class B and Class C ordinary share as of the record date for the stock dividend.Says it is expected that this stock dividend will be issued on Mar. 3.Says under the terms of the offer, Ziggo shareholders will receive 11 euros in cash, 0.2282 Liberty Global Class A ordinary shares and 0.5630 Liberty Global Class C ordinary shares (0.1674 prior to completion of the stock dividend) for each Ziggo share they hold.Says it has agreed, in addition, not to pay or declare any (interim) dividend or to make any distribution in kind until completion of the transaction.  Full Article

Ziggo NV raising 3.735 billion euro term loan B to back acquisition by LGI-Reuters
Sunday, 26 Jan 2014 07:00pm EST 

Ziggo NV:Mandates banks for a new 3.735 billion euro equivalent term loan B-Reuters.The new loan will be split into euro and dollar tranches, both maturing in Jan. 2022 and both with 0.75 percent Euribor and Libor floors.The debt will be used to refinance existing Ziggo debt as well as financing the acquisition of Ziggo by LGI.The loans will not be fully covenant-lite, but will have just two maintenance covenants.These are net senior leverage and a total financial leverage covenants.Global coordinators are Credit Suisse and Bank of America Merrill Lynch.Joint bookrunners and mandated lead arrangers are Credit Suisse, Bank of America Merrill Lynch, ABN Amro, Credit Agricole, Deutsche Bank, HSBC, ING, JP Morgan, Morgan Stanley Nomura, Rabobank, Scotiabank and Societe Generale.  Full Article

Ziggo NV gives FY 2014 EBITDA guidance in line with analysts estimates - Conference Call
Friday, 24 Jan 2014 08:00am EST 

Ziggo NV:Says for FY 2014, it expects EBITDA to be flat compared to FY 2013.The Company reported EBITDA of 886.80 million euros for FY 2013.FY 2014 EBITDA of 904.48 million euros - Thomson Reuters I/B/E/S.  Full Article

Ziggo NV says in takeover talks with Liberty Global PLC - Reuters
Thursday, 12 Dec 2013 03:47am EST 

Ziggo NV:Says on Dec 12 that it was in talks with Liberty Global PLC about a full takeover offer, though it added that no decision had yet been made - Reuters.At the time, it did not disclose how much Liberty was offering.  Full Article

Ziggo NV Reiterates FY 2013 Guidance
Friday, 18 Oct 2013 01:37am EDT 

Ziggo NV reiterated its revenue and EBITDA guidance for fiscal 2013 and expects organic revenue growth (excl. 'revenues from other sources') to be around 1%, whilst adjusted EBITDA (excl. acquisitions) to be in line with fiscal 2012, including increased investment in sales and retention and additional campaigns supporting the Company mobile launch. The Company reported revenue of EUR1.536 billion and EBITDA of EUR880.40 million for fiscal 2012.  Full Article

Liberty Global PLC Makes Bid Approach For Ziggo NV-Reuters
Wednesday, 16 Oct 2013 12:08pm EDT 

Reuters reported that Liberty Global PLC has made an approach to buy Ziggo NV. Ziggo, which has a market value of EUR6.3 billion ($8.51 billion), on October 16, 2013 said it had rejected the potential offer from its shareholder as inadequate. It did not disclose how much Liberty Global, controlled by John Malone, had offered to pay for the rest of the Company. Liberty already holds 28.5% of Ziggo.  Full Article

Ziggo NV Launches Ziggo Mobile
Sunday, 15 Sep 2013 08:00pm EDT 

Ziggo NV announced that it has launched its mobile telephony and data service: Ziggo Mobile. Ziggo Mobile has been specially created for existing Ziggo customers. Further details were not disclosed.  Full Article

BRIEF-Ziggo Q2 net loss at 29.5 mln euro; maintains 2014 outlook

* Revenue up 3.4 pct y-o-y to 405.1 million euro; up 4.5 pct y-o-y adjusted for Esprit and excluding 'other revenue'

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