Unitedglobalcom (NASDAQ:UCOMA)
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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common stock have been tendered and not withdrawn, representing approximately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,