Liberty Global plc - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - October 26, 2015

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8-K - 8-K - Liberty Global plca10-26x158xk210annoucement.htm
Exhibit 99.1

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Rule 2.10 Announcement and Buyback of Own Shares
26 October 2015
In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), Liberty Global (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) confirms that it has the following relevant securities held and in issue outside treasury as of the close of business on 23 October 2015:
•252,690,587 Liberty Global Class A ordinary shares of $0.01 each with ISIN reference GB00B8W67662;

•10,472,517 Liberty Global Class B ordinary shares of $0.01 each with ISIN reference GB00B8W67779;

•601,347,611 Liberty Global Class C ordinary shares of $0.01 each with ISIN reference GB00B8W67B19;
 
•12,630,532 LiLAC Class A ordinary shares of $0.01 each with ISIN reference GB00BTC0M714;

•523,423 LiLAC Class B ordinary shares of $0.01 each with ISIN reference GB00BTC0M938; and

•30,772,736 LiLAC Class C ordinary shares of $0.01 each with ISIN reference GB00BTC0MD78.

Liberty Global announces that it has acquired shares, pursuant to the exercise of a call option entered into on 22 September 2015, in 180,595 Liberty Global Class C ordinary shares of $0.01 each.
Liberty Global additionally announces that it has repurchased the following number of Liberty Global Class C Ordinary Shares of $0.01 each pursuant to its share purchase plan, which operates on a daily basis in compliance with Rule 10b5-1 of the Securities Exchange Act 1934 (the "Buyback Plan"):
Date of purchase
23 October 2015
Number of shares purchased
165,300
Highest price per share (US$)
42.58
Lowest price per share (US$)
42.05



A breakdown of the prices at which these shares were purchased is set out as follows. These shares will be held in treasury until being cancelled in due course.
Price per share (US$)
Number of Liberty Global Class C Ordinary Shares of $0.01
42.050
300
42.060
300
42.070
800
42.075
200
42.080
2,100
42.090
1,100
42.100
1,500
42.105
400
42.110
900
42.120
600
42.160
800
42.170
379
42.180
1,100
42.190
6,500
42.195
200
42.200
5,500
42.210
4,900
42.220
9,000
42.225
300
42.230
8,200
42.240
10,352
42.245
100
42.250
7,500
42.260
9,243
42.265
400
42.270
9,633
42.280
6,100
42.290
1,500
42.300
2,100
42.310
400
42.315
100
42.320
2,300
42.330
1,600
42.340
6,300
42.360
2,900
42.370
100
42.410
800
42.420
8,800
42.430
200
42.440
1,400
42.445
100
42.450
7,400
42.460
1,301
42.470
1,000
42.480
1,600
42.485
300
42.490
2,500
42.495
100
42.500
13,992
42.505
100
42.510
11,200
42.520
1,000
42.530
400
42.540
1,600
42.550
200
42.560
1,900
42.580
3,700


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Liberty Global further announces that, pursuant to entering into a call spread transaction on 23 October 2015, it has acquired interests in 360,854 Liberty Global Class C ordinary shares of $0.01 each at a net premium per share of $41.57. Accordingly, Liberty Global confirms that it has entered into the following call spread transactions pursuant to the Buyback Plan:
Date of entry into transaction
Class of relevant security
Product description
Written or purchased
Number of securities to which option or derivative relates 
Exercise price per unit
(US$)
Type
e.g. American, European etc.
Expiry date
23 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
360,854
Zero
European
25 November 2015
Call option
Written
360,854
42.33
European
22 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
361,537
Zero
European
24 November 2015
Call option
Written
361,537
42.25
European
21 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
356,641
Zero
European
23 November 2015
Call option
Written
356,641
42.83
European
20 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
350,423
Zero
European
20 November 2015
Call option
Written
350,423
43.59
European
19 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
348,345
Zero
European
19 November 2015
Call option
Written
348,345
43.85
European
16 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
348,425
Zero
European
18 November 2015
Call option
Written
348,425
43.84
European
15 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
352,363
Zero
European
17 November 2015
Call option
Written
352,363
43.35
European
14 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
359,242
Zero
European
16 November 2015
Call option
Written
359,242
42.52
European
13 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
357,142
Zero
European
13 November 2015
Call option
Written
357,142
42.77
European

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12 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
356,558
Zero
European
12 November 2015
Call option
Written
356,558
42.84
European
09 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
352,038
Zero
European
11 November 2015
Call option
Written
352,038
43.39
European
08 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
352,933
Zero
European
10 November 2015
Call option
Written
352,933
43.28
European
07 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
353,096
Zero
European
09 November 2015
Call option
Written
353,096
43.26
European
06 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
353,260
Zero
European
06 November 2015
Call option
Written
353,260
43.24
European
05 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
355,231
Zero
European
05 November 2015
Call option
Written
355,231
43.00
European
02 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
367,363
Zero
European
04 November 2015
Call option
Written
367,363
41.58
European
01 October 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
368,160
Zero
European
03 November 2015
Call option
Written
368,160
41.49
European
30 September 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
371,472
Zero
European
02 November 2015
Call option
Written
371,472
41.12
European
29 September 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
376,973
Zero
European
30 October 2015
Call option
Written
376,973
40.52
European
28 September 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
218,442
Zero
European
29 October 2015
Call option
Written
218,442
41.96
European
25 September 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
181,966
Zero
European
28 October 2015
Call option
Written
181,966
44.77
European
24 September 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
182,251
Zero
European
27 October 2015
Call option
Written
182,251
44.70
European
23 September 2015
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
181,077
Zero
European
26 October 2015
Call option
Written
181,077
44.99
European


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Further Information
A copy of this announcement will be made available on Liberty Global's website, www.libertyglobal.com.
Investors should note that in connection with the possible offer for Cable & Wireless Communications Plc ("CWC"), Liberty Global will be required to disclose, which may be on a daily basis, certain further information about its share buyback program and capital structure, as well as other information relating to Liberty Global and the possible offer. This information may be material to investors in connection with the possible offer. This information will be posted on our website and will be released through the Regulatory News Service in the U.K., as required by the Code. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on our website, as well as through the Regulatory News Service, which can be accessed here:
http://www.londonstockexchange.com/exchange/news/market-news/market-news-home.html.

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For more information about Liberty Global, please visit www.libertyglobal.com or contact:
Investor Relations:
 
 
Corporate Communications:
Oskar Nooij
+1 303 220 4218
 
Marcus Smith
+44 20 7190 6374
Christian Fangmann
+49 221 8462 5151
 
Bert Holtkamp
+31 20 778 9800
John Rea
+1 303 220 4238
 
Matt Beake
+44 20 8483 6428

Disclosure requirements of the Code
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.



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