Spin-off - Liberty Global Ltd.
Form Type: 11-K
Filing Date: 2025-06-17
Corporate Action: Spin-off
Type: New
Accession Number: 000157058525000163
Filing Summary: The document is an annual report for the Liberty Global 401(k) Savings & Stock Ownership Plan, covering the fiscal year ended December 31, 2024. It includes the financial statements reviewed by the independent auditor BDO USA, P.C., who expressed an opinion on the fairness of the financial statements in accordance with GAAP. Key financial highlights include total net assets available for plan benefits amounting to $56,554,360 at year-end, a significant increase from $49,346,701 at the end of the previous year. The increase is attributed to contributions and a strong investment income resulting from net appreciation in investments and interest income. The report also details the spin-off of operations in Switzerland, referred to as 'Sunrise', which took place on November 8, 2024. The spin-off involved distributing Sunrise common shares to Liberty Global shareholders and has implications for the plan’s assets and participants' investment choices.
Additional details:
Net Assets Available: $56,554,360
Financial Year Ending: 2024
Total Contributions: $3,573,141
Investment Income: $7,510,124
Spin Off Date: 2024-11-08
Auditor Name: BDO USA, P.C.
Plan Establishment Date: 1994-01-01
Form Type: 8-K
Filing Date: 2024-09-09
Corporate Action: Spin-off
Type: New
Accession Number: 000157058524000264
Filing Summary: Liberty Global Ltd. is proposing to distribute 100% of its subsidiary, Sunrise GmbH, to its shareholders. The document details the spin-off process including a capital markets day presentation and a press release. The spin transaction is subject to customary conditions and approvals.
Additional details:
Newco Cik: -1
Parent Cik: 1570585
File Number: 001-35961
:
Percentage Spun Off: 100
Effective Date: 2024-09-09
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