Investor Releases 2009
23.12.2009
Unitymedia SCA Share Exchange
Cologne – 23 December 2009. Following the announcement on 13 November 2009 of the acquisition by Liberty Global Inc. ("LGI") of 100% of the share capital of Unitymedia GmbH ("Unitymedia"), Unitymedia Hessen GmbH & Co KG ("Unitymedia Hessen") has exchanged all of its previously acquired shares in Unitymedia SCA for shares in Unitymedia based on fair market value as determined in the pending LGI transaction.
As part of the exchange transaction, Unitymedia took all required steps under the group's relevant debt instruments for affiliate transactions.
As part of the share exchange, Unitymedia Management GmbH ("Unitymedia Management") has set up Unitymedia Beteiligungs GmbH ("Unitymedia Beteiligung") and contributed a 0.02% interest held by Unitymedia Management (of its 99.98% total shareholding) in Unitymedia Hessen to Unitymedia Beteiligung.
Contact Details
Investor Relations
Mario Wilhelm
Tel +49 (0)221 / 37792-196
Investor.Relations@unitymedia.de
About Unitymedia
Unitymedia is the largest cable television operator in the German federal states of North Rhine-Westphalia and Hesse and the third largest cable operator in Europe, as measured by the number of television subscribers. Headquartered in Cologne, it operates in Hesse and North Rhine-Westphalia, the most densely populated regions of Germany producing about one third of Germany’s GDP. In addition to analogue cable services, Unitymedia is a leading provider of integrated triple play services, driving subscriber growth across digital television, broadband Internet and Telephony. As of 30 September 2009, Unitymedia had approximately 4.5 million basic cable subscribers, 470k Digital TV Pay revenue generating units (RGUs), 877k Internet RGUs, and 535k Telephony RGUs. More information on Unitymedia can be found at http://www.unitymedia.de.
This press release contains forward-looking statements, including statements regarding our future financial and/or operational plans, objectives, estimates or goals. No assurances can be given that any such statements will materialize or prove to be accurate. We caution you that forward-looking statements are not guarantees of future performance and that our actual results or any future events may differ materially from those expressed or implied by any such forward-looking statements.
