Largest IPO in Europe in almost a year
Amsterdam, Brussels, Lisbon, London and Paris- March 21, 2012 - Ziggo, the largest cable operator in the Netherlands, today listed on NYSE Euronext in Amsterdam and began trading under the symbol “ZIGGO” after its successful initial public offering. With a total offering valued at approximately € 804 million Ziggo is the largest IPO in Europe in almost a year.
Ziggo provides entertainment, information and communication through television, broadband internet and telephony services. Ziggo is the largest cable operator in the Netherlandsproviding TV and internet services to about half of all Dutch households.
After opening, the first market price was € 21.20 per share. Based on this share price the total market capitalization of the company at opening was € 4,24 billion.
Bernard Dijkhuizen, Chief Executive Officer of Ziggo said: “We are very happy to complete our IPO with such strong interest from investors, attracted by our combination of growth, dividends and deleveraging. Ziggo is a major Dutch company with all its operations in the Netherlands; NYSE Euronext in Amsterdam is a natural place for our listing.”
"Weare delighted with the listing of Ziggo. This leading Dutch company is a good addition to our market,”Cees Vermaas, CEO of NYSE Euronext Amsterdam said. “A listingis an important milestone that provides companies with sources for further growth through our liquid European trading platform.”
Diederik Zandstra, Head of Listings Europe of NYSE Euronext added: “We’re pleased with Ziggo’s choice for NYSE Euronext and the success of its IPO. We look forward to a beneficial and lasting partnership with Ziggo, and to support its growth by providing the company and its shareholders with the highest levels of service, liquidity and market quality.”
To mark today’s special occasion, Bernard Dijkhuizen, CEO of Ziggo sounded the gong which denotes the opening of NYSE Euronext’s European market, joined by Ziggo executives, the listing agent and legal advisors, the NYSE Euronext listing team and Cees Vermaas, CEO of NYSE Euronext Amsterdam.