LBTYA.NASDAQLiberty Global LTD

4/A: Liberty Global Director Amends Filing to Correctly Reflect Share Transfers to Ex-Spouse

Sentiment:

SEC Filing (Form 4/A)


Andrew Cole, a director at Liberty Global, amended a previous SEC filing to accurately reflect the transfer of Class A and Class C ordinary shares to his ex-spouse in 2021.

Summary

  • This is an amendment to a Form 4 filing by Andrew Cole, a director of Liberty Global Ltd.
  • The amendment corrects a previous filing from June 17, 2022, to reflect the transfer of shares to his ex-spouse pursuant to a domestic relations order on May 8, 2021.
  • Specifically, 11,490 Class A Ordinary Shares and 28,325 Class C Ordinary Shares were transferred.
  • The corrected filing shows that after the transaction on June 15, 2022, Cole beneficially owned 12,615 Class A Common Shares and 30,573 Class C Common Shares.
  • The original report inadvertently did not reflect the transfer of shares to his ex-spouse.
  • Liberty Global Holdings Limited became the successor issuer of Liberty Global plc on November 24, 2023, with shares exchanged on a one-for-one basis.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing amendment to correct a previous error. It doesn't indicate any significant positive or negative developments for the company.

Negatives

  • The original Form 4 filing contained an error regarding the number of shares beneficially owned by Andrew Cole.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors or omissions in previous filings.

Related Party Transactions

  • The transfer of shares to Andrew Cole's ex-spouse pursuant to a domestic relations order constitutes a related party transaction.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates

DateDescription
05/08/2021Reporting Person transferred 11,490 Class A Ordinary Shares and 28,325 Class C Ordinary Shares to his ex-spouse pursuant to a domestic relations order
06/15/2022Date of transaction involving Class A and Class C Common Shares.
06/17/2022Date of original Form 4 filing that contained an error.
11/24/2023Liberty Global Holdings Limited became the successor issuer of Liberty Global plc.
03/04/2024Date of amended Form 4/A filing.

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