Telenet’s activist shareholder Lucerne has increased its share in the B Belgian operator to more then 3%.
Telenet Group Holding has disclosed, in accordance with article 14, first paragraph of the Law of 2 May 2007, that, on 7 August 2018, it received a transparency notification dated 3 August 2018 from Lucerne Capital Management that its shareholding in Telenet exceeded the 3% threshold on 3 August 2018.
Last month, Lucerne threatened to sue the operator over Liberty Global relationship