Liberty Global Plc SEC Filings

BlackRock, Inc. has filed a Schedule 13G reporting a passive ownership stake in Liberty Global Ltd. Class C stock. BlackRock reports beneficial ownership of 7,670,858 Class C shares, representing 5.1% of this share class as of the event date. It has sole power to vote 7,357,969 shares and sole power to dispose of 7,670,858 shares, with no shared voting or dispositive power.

The filing explains that these holdings are attributed to certain BlackRock business units, and that various underlying persons have rights to dividends or sale proceeds, but no single person has more than five percent of the outstanding common shares. BlackRock certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Liberty Global Ltd.

Liberty Global Ltd. filed a Form 8-K to furnish, rather than file, a press release dated November 24, 2025 under Item 7.01, Regulation FD Disclosure. The company notes that the press release is attached as Exhibit 99.1 and will not be subject to liability as a filed document under Section 18 of the Exchange Act. Additional exhibits relate to Inline XBRL data and the interactive cover page.

Liberty Global Ltd. furnished an Item 7.01 Regulation FD update noting that the Q3 2025 financial report of its joint venture VodafoneZiggo Group B.V. is available on Liberty Global’s investor relations website. Liberty Global holds a 50% noncontrolling interest in VodafoneZiggo, which provides fixed, mobile and integrated communications in the Netherlands.

The information was furnished under Item 7.01 and is not deemed filed for purposes of Section 18 of the Exchange Act.

Liberty Global Ltd. furnished a press release announcing its operating and financial results for the quarter ended September 30, 2025. The release, dated October 30, 2025, was provided as Exhibit 99.1 and furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).

The information in this report, including Exhibit 99.1, is designated as furnished and not deemed filed under the Exchange Act, and will not be incorporated by reference into other filings unless expressly stated.

Liberty Global Ltd. reported third-quarter results showing higher revenue but continued bottom-line pressure. Q3 revenue rose to $1,207.1 million from $1,069.5 million a year ago, while operating income slipped to $(8.0) million from $33.4 million as programming, SG&A, and D&A expenses increased.

Below the line, large non-operating swings dominated year-to-date results. For the nine months, realized and unrealized losses on derivatives totaled $617.1 million and foreign currency transaction losses were $3,160.9 million, driving a loss from continuing operations of $(4,180.5) million and a net loss attributable to shareholders of $(4,220.9) million.

Cash generation remained positive: net cash provided by operating activities was $580.2 million year-to-date. The company invested heavily with net capital expenditures of $905.5 million, leading to $(607.8) million net investing outflows, and used $(273.4) million in financing activities, including common share repurchases of $158.2 million. Liberty continues to consolidate Formula E (acquired in 2024) and recorded $154.1 million in revenue from Sunrise-related services after the 2024 spin-off.

Liberty Global Ltd. announced that Dr. John C. Malone will step down from its Board effective January 1, 2026 and transition to Chairman Emeritus. He will continue to provide active counsel and strategic insight and may attend board meetings, but without a vote.

Mike Fries, the company’s CEO and Vice Chairman, will become Chairman of the Board. The company stated Dr. Malone’s decision is not the result of any dispute or disagreement regarding operations, policies, or practices.

Richard R. Green, a director of Liberty Global Ltd. (symbols include LBTYA), acquired shares on 09/30/2025 as part of director compensation. He received 1,332 Class A common shares at $11.46 and 1,332 Class C common shares at $11.75 under the Liberty Global 2023 Incentive Plan to satisfy the equity portion of his director fees. After the transaction he beneficially owned 11,222 Class A shares and 22,034 Class C shares.

He also received 444 Class A share fund units and 444 Class C share fund units that represent economic equivalents payable in shares under the Deferred Compensation Plan, corresponding to 444 underlying Class A shares (reported beneficial ownership 2,484) and 444 underlying Class C shares (reported beneficial ownership 5,146). The Form 4 was signed on 10/01/2025 by an attorney-in-fact.