Due to huge demand for Ziggo’s ordinary shares in its planned IPO, Cinven and Warburg Pincus have decided to increase the number of offer shares from 35,000,000 to 43,478,260.
This will constitute an increase from 17.5% to 21.7% of the total issued share capital of the company following the closing of the offering.
Bernard Dijkhuizen, CEO of Ziggo, said in a statement: “Ziggo is delighted by the strong interest that its proposed IPO has received. The Company and its selling shareholders look forward to partnering with the extremely high quality investor base that has expressed an interest in the offering.”
