(Source: Cable & Wireless Communications plc) CABLE AND WIRELESS PLC ANNOUNCEMENT 16 NOVEMBER 2015 FASTER GROWTH AND ENHANCED CUSTOMER BENEFITS EXPECTED FROM PROPOSED LIBERTY GLOBAL ACQUISITION OF CWC The Board of Cable & Wireless Communications Plc ('CWC') today announces that it has reached agreement on the terms of a recommended acquisition for the entire issued and to be issued share capital of CWC by Liberty Global ('the Transaction'). Highlights The Recommended Offer delivers 86.821 pence per share to free float shareholders comprising shares in Liberty Global and a 3 pence per share Special Dividend2 Represents a premium of approximately 50 per cent. to the undisturbed price of CWC on...
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