UnitedGlobalCom Extends Exchange Offer for UGC Europe Shares
November 04 2003 - 6:12PM
PR Newswire (US)
UnitedGlobalCom Extends Exchange Offer for UGC Europe Shares
DENVER, Nov. 4 /PRNewswire-FirstCall/ -- UnitedGlobalCom, Inc.
("United" or "the Company") announced today that it has extended
the exchange offer by its wholly-owned subsidiary for all of the
outstanding publicly held shares of UGC Europe, Inc. ("UGC Europe")
to remain open until 5:00 p.m., New York City time, on Friday,
November 7, 2003. The offer remains subject to the conditions
included in the offer described in offering documents filed with
the Securities and Exchange Commission ("SEC") and mailed to the
stockholders of UGC Europe. United also reported that, as of
November 4, 2003, 276,774 shares of UGC Europe common stock have
been tendered and not withdrawn, representing approximately 0.553%
of the outstanding UGC Europe common stock. United currently owns
approximately 66.75% of the outstanding UGC Europe common stock.
Special Stockholder Meeting United plans to hold a special
stockholder meeting for approval of the issuance of its shares in
the exchange offer and planned merger. United also announced that
it will not hold the special stockholder meeting on November 10,
2003 as originally stated in filings made with the SEC. United
plans to hold the special meeting as soon as practical. Notice For
UGC Europe Stockholders United filed a Registration Statement on
Form S-4 (File No. 333-109496) containing a prospectus relating to
the exchange offer, and Europe Acquisition, Inc., the wholly-owned
subsidiary of United which offered to exchange the shares of UGC
Europe, filed a Schedule TO. UGC EUROPE STOCKHOLDERS AND OTHER
INTERESTED PARTIES ARE URGED TO READ THESE DOCUMENTS (INCLUDING ANY
AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS WHEN AVAILABLE)
BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION.
Materials filed with the SEC are available electronically without
charge at an Internet site maintained by the SEC. The address of
that site is http://www.sec.gov/ . Documents filed with the SEC
also may obtained from United without charge by directing a request
to Richard Abbott, Vice President of Finance, UnitedGlobalCom,
Inc., 4643 S. Ulster Street, Suite 1300, Denver, CO 80237. Notice
for United Stockholders United and its directors and executive
officers may be deemed to be participants in the solicitation of
proxies from United's stockholders in connection with the special
meeting of stockholders to be held to approve the issuance of the
Class A Common Stock in the exchange offer and planned merger.
Information concerning United's directors and executive officers
and their direct and indirect interests in the transaction is set
forth in United's definitive proxy statement filed with the SEC
relating to the special meeting of stockholders and the prospectus
contained in the Registration Statement on Form S-4 filed with the
SEC relating to the exchange offer. Materials filed with the SEC
are available electronically without charge at an Internet site
maintained by the SEC. The address of that site is
http://www.sec.gov/ . Documents filed with the SEC also may be
obtained from United without charge by directing a request to
Richard Abbott, Vice President of Finance, UnitedGlobalCom, Inc.,
4643 S. Ulster Street, Suite 1300, Denver, CO 80237. UNITED'S
STOCKHOLDERS SHOULD READ THE PROXY STATEMENT AND OTHER RELEVANT
DOCUMENTS CAREFULLY BEFORE MAKING ANY VOTING DECISION BECAUSE THEY
WILL CONTAIN IMPORTANT INFORMATION. About UnitedGlobalCom United is
the largest international broadband communications provider of
video, voice, and Internet services with operations in numerous
countries. Based on the Company's operating statistics at June 30,
2003, United's networks reached approximately 12.6 million homes
passed and 8.9 million RGUs, including approximately 7.4 million
video subscribers, 704,200 voice subscribers, and 825,600 high
speed Internet access subscribers. United's major operating
subsidiaries include UGC Europe, a leading pan-European broadband
communications company; VTR GlobalCom, the largest broadband
communications provider in Chile; as well as several strategic
ventures in video and broadband businesses around the world. Please
visit our web site at http://www.unitedglobal.com/ for further
information about the company. DATASOURCE: UnitedGlobalCom, Inc.
CONTACT: Richard S. L. Abbott, VP, Finance of UnitedGlobalCom,
Inc., +1-303-220-6682,
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