Liberty Global plc - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - March 21, 2016

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8-K - 8-K - Liberty Global plca03-21x168xk210announcement.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
21 March 2016
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 had the following relevant securities held and in issue outside treasury as of the close of business on 18 March 2016:
•252,869,723 Liberty Global Class A ordinary shares of $0.01 each with ISIN reference GB00B8W67662;

•10,805,850 Liberty Global Class B ordinary shares of $0.01 each with ISIN reference GB00B8W67779;

•577,120,210 Liberty Global Class C ordinary shares of $0.01 each with ISIN reference GB00B8W67B19;
       
•12,648,169 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

•30,774,214 LiLAC Class C ordinary shares of $0.01 each with ISIN reference GB00BTC0MD78.

Liberty Global announces that it has repurchased the following number of Liberty Global Class C Ordinary Shares of $0.01 each pursuant to its share purchase plan, which operates on a daily basis in compliance with Rule 10b5-1 of the Securities Exchange Act 1934 (the "Buyback Plan"):
Date of purchase
18 March 2016
Number of shares purchased
134,100
Highest price per share (US$)
$37.88
Lowest price per share (US$)
$36.74

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
36.7400
600
36.7600
800
36.7700
2,300
36.7800
800
36.7900
3,000
36.8000
42
36.8100
1,658
36.8200
600
36.8300
1,400
36.8400
800
36.8500
2,900
36.8600
400
36.8700
800
36.8750
100
36.8800
2,435


36.8850
100
36.8900
4,200
36.9000
700
36.9100
1,600
36.9200
200
36.9300
1,100
36.9400
800
36.9500
2,700
36.9600
1,800
36.9650
100
36.9700
1,000
36.9800
600
36.9900
1,400
37.0000
5,800
37.0200
512
37.0300
1,000
37.0400
1,200
37.0450
400
37.0500
5,992
37.0550
500
37.0600
2,602
37.0650
100
37.0700
2,200
37.0800
100
37.1300
500
37.1600
1,000
37.1700
600
37.1800
1,300
37.1900
1,100
37.2100
300
37.2200
1,200
37.2300
100
37.2500
2,300
37.2600
1,600
37.3100
300
37.3900
400
37.4300
200
37.4600
2,100
37.4700
1,700
37.4750
300
37.4800
1,800
37.4900
6,100
37.4950
300
37.5000
5,400
37.5100
2,154
37.5150
900
37.5200
6,846
37.5300
5,400
37.5400
6,100
37.5500
5,659
37.5600
4,300
37.5650
300
37.5700
5,100
37.5800
4,800
37.5900
1,300
37.6000
600
37.6100
3,700
37.6200
500

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37.6800
100
37.7000
500
37.7500
300
37.7850
100
37.7900
200
37.8100
200
37.8300
200
37.8700
700
37.8800
200

Liberty Global further announces that, pursuant to entering into a call spread transaction on 18 March 2016, it has acquired interests in 136,615 Liberty Global Class C ordinary shares of $0.01 each at a net premium per share of $36,60. Accordingly, Liberty Global confirms that it has entered into the following call spread transactions pursuant to the Buyback Plan:
Date of entry into transaction
Class of relevant security
Product description
Written or purchased
Number of securities to which option or derivative relates 
Exercise price per unit
(US$)
Type
e.g. American, European etc.
Expiry date
18 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
136,615
Zero
European
21 April 2016
Call option
Written
136,615
37.27
European
17 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
137,130
Zero
European
20 April 2016
Call option
Written
137,130
37.13
European
16 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
140,034
Zero
European
19 April 2016
Call option
Written
140,034
36.36
European
15 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
143,548
Zero
European
18 April 2016
Call option
Written
143,548
35.47
European
14 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
143,144
Zero
European
15 April 2016
Call option
Written
143,144
35.57
European
11 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
144,731
Zero
European
14 April 2016
Call option
Written
144,731
35.18
European
10 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
147,200
Zero
European
13 April 2016
Call option
Written
147,200
34.59
European
09 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
144,731
Zero
European
12 April 2016
Call option
Written
144,731
35.18
European
08 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
143,548
Zero
European
11 April 2016
Call option
Written
143,548
35.47
European
07 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
140,227
Zero
European
08 April 2016
Call option
Written
140,227
36.31
European

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04 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
138,926
Zero
European
07 April 2016
Call option
Written
138,926
36.65
European
03 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
138,851
Zero
European
06 April 2016
Call option
Written
138,851
36.67
European
02 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
139,535
Zero
European
05 April 2016
Call option
Written
139,535
36.49
European
01 March 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
138,775
Zero
European
04 April 2016
Call option
Written
138,775
36.69
European
29 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
140,692
Zero
European
01 April 2016
Call option
Written
140,692
36.19
European
26 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
141,004
Zero
European
31 March 2016
Call option
Written
141,004
36.11
European
25 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
142,663
Zero
European
30 March 2016
Call option
Written
142,663
35.69
European
24 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
142,464
Zero
European
29 March 2016
Call option
Written
142,464
35.74
European
23 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
138,661
Zero
European
28 March 2016
Call option
Written
138,661
36.72
European
22 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
138,435
Zero
European
24 March 2016
Call option
Written
138,435
36.78
European
19 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
141,474
Zero
European
23 March 2016
Call option
Written
141,474
35.99
European
18 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
140,926
Zero
European
22 March 2016
Call option
Written
140,926
36.13
European
17 February 2016
Liberty Global CLASS C ORDINARY SHARES of $0.01 EACH
Call option
Purchased
145,601
Zero
European
21 March 2016
Call option
Written
145,601
34.97
European

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 recommended offer for Cable & Wireless Communications Plc, 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

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and the recommended offer. This information may be material to investors in connection with the recommended 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.
For more information about Liberty Global, please visit www.libertyglobal.com or contact:
Investor Relations:
 
 
Corporate Communications:
Oskar Nooij
+1 303 220 4218
 
Matt Beake
+44 20 8483 6428
Christian Fangmann
+49 221 8462 5151
 
Tim Burt
+44 20 7240 2486
John Rea
+1 303 220 4238
 
Aimee Baxter
+1 646 561 3512

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

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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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