Liberty Global Publishes Prospectus for Sunrise Communications Group Tender Offer

Liberty Global (Nasdaq: LBTYA, LBTYB and LBTYK) has announced that UPC Schweiz GmbH, a subsidiary of Liberty Global, is publishing the Offer Prospectus for the previously announced all cash public tender offer for all publicly held shares of Sunrise Communications Group AG (SIX Swiss Exchange: SRCG) at a price of CHF110 per share, the company said.

The Offer Prospectus is available on www.nationalconnectivitychallenger.ch/#for-investors.

The tender offer is expected to launch on September 11, 2020, following the completion of a ten SIX Swiss Exchange trading-day cooling-off period under Swiss takeover law, and is scheduled to expire at 10:00 a.m. Eastern Standard Time (4:00 p.m. Central European Summer Time) on October 8, 2020.

Sunrise´s Board of Directors has unanimously recommended that its shareholders accept the offer. freenet AG, Sunrise´s largest shareholder, which holds approximately 24% of Sunrise´s share capital, has signed a binding, unconditional commitment to tender its shares at the offer price.

Liberty Global is one of the world´s converged video, broadband and communications companies, with operations in six European countries under the consumer brands Virgin Media, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution. For more information, visit www.libertyglobal.com.