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News Article | February 15, 2017
Site: globenewswire.com

Dublin, Feb. 15, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "M&A Attorney Hourly Rate and Deal Report 2017" report to their offering. 'The M&A Attorney Hourly Rate Report 2017' details the hourly rates of Attorneys at the most active Deal Law Firms. Rates are analyzed by: 1. Firm Revenue Group (AMLAW 10, 50, 100, 101-200 and non-AMLAW Firms) 2. Individual Firm including a Relative Hourly Rate Ranking (Highest to Lowest) for each Firm 3. M&A Deal Representation for Acquirer, Seller and Target Companies including an M&A Deal Value (Highest to Lowest) for each Law Firm 4. Hourly Rates by Industry to determine industry opportunity and strength for deals. Attorneys practicing Mergers & Acquisitions have in the past, had the highest overall rates; this continues to be the case for 2017 as well, based on 2016 results and a modest increase for 2017. Deals, overall, are up and so are the hourly rates of almost all law firms especially the premier ones with hourly rates easily exceeding $1,200 for Partners. Key Topics Covered: Section 1: Rates by AMLAW Group Section 2: Rates by Individual Firm Section 3: M&A Deals Section 4: M&A Deals - Relative Deal Rankings Section 5: M&A Rates by Industry Companies Mentioned - ADVISES Partnerschaft von Rechtsanwälten, Wirtschaftsprüfern und Steuerberatern - Adams and Reese LLP - Akerman LLP - Akin Gump Strauss Hauer & Feld LLP - Allen Barnes & Jones, PLC - Allen Matkins Leck Gamble Mallory & Natsis LLP - Alston & Bird LLP - Andrews Kurth Kenyon LLP - Anglin Flewelling Rasmussen Campbell & Trytten, LLP - Anthony & Partners, LLC - Anthony Ostlund Baer & Louwagie P.A. - Appleby Global Group Services Limited - Archer & Greiner, P.C. - Arent Fox LLP - Armstrong Teasdale LLP - Arnall Golden Gregory LLP - Arnold & Porter Kaye Scholer LLP - Arnstein & Lehr, LLP - Ashurst LLP - Baker & Hostetler LLP - Baker & McKenzie LLP - Baker Botts LLP - Baker, Donelson, Bearman, Caldwell & Berkowitz, PC - Balch & Bingham LLP - Ballard Spahr LLP - Barnes & Thornburg LLP - Bass Berry & Sims PLC - Battle, Winslow, Scott & Wiley, P.A. - Benesch, Friedlander, Coplan & Aronoff LLP - Bernstein, Shur, Sawyer & Nelson, P.A. - Bieging Shapiro & Barber LLP - Blake, Cassels & Graydon LLP - Blank Rome LLP - Bogatz & Associates, P.C. - Boies, Schiller & Flexner, LLP - Bond, Schoeneck & King, PLLC - Borden Ladner Gervais LLP - Bose McKinney & Evans LLP - Bowles Rice LLP - Boyd & Jenerette, P.A. - Bracewell LLP - Bradley Arant Boult Cummings LLP - Bradshaw, Fowler, Proctor & Fairgrave, P.C. - Breazeale, Sachse & Wilson, LLP - Bredin Prat - Bricker & Eckler LLP - Briggs and Morgan PA - Brinks Gilson & Lione - Broad and Cassel - Brooks, Pierce, McLendon, Humphrey & Leonard LLP - Brown Rudnick LLP - Brownstein Hyatt Farber Schreck LLP - Bryan Cave LLP - Buchalter Nemer - Buchanan Ingersoll & Rooney PC - Burke, Williams & Sorensen, LLP - Burr & Forman LLP - Bustamante, Escandon & Pareyon - Butler Snow LLP - Butzel Long PC - Cadwalader, Wickersham & Taft LLP - Cadwell Sanford Deibert & Garry - Cahill Gordon & Reindel LLP - Calfee, Halter & Griswold LLP - Campbells - Caplin & Drysdale, Chartered - Carlson Dash, LLC - Carlton Fields Jorden Burt, P.A. - Carmichael & Powell, P.C. - Carmody Torrance Sandak & Hennessey, LLP - Carter Ledyard & Milburn LLP - Cassels Brock & Blackwell LLP - Chadbourne & Parke LLP - Chaffe McCall - Chapman and Cutler LLP - Cheng Cohen - Chien Yeh Law Offices - Christensen & Jensen, PC - Clark Hill PLC - Cleary Gottlieb Steen & Hamilton LLP - Coblentz Patch Duffy & Bass, LLP - Cohen Kennedy Dowd & Quigley - Cole Schotz P.C. - Connell Foley LLP - Cooley LLP - Cooley Manion Jones LLP - Covington & Burling LLP - Cozen O'Connor - Cravath, Swaine & Moore, LLP - Crowell & Moring LLP - Crowley & Lamb P.C. - Curtis, Mallet-Prevost, Colt & Mosle LLP - DLA Piper - Davies Ward Phillips & Vinberg, LLP - Davis Graham & Stubbs LLP - Davis Polk & Wardwell LLP - Davis Wright Tremaine LLP - Dawda, Mann, Mulcahy & Sadler, PLC - Day Pitney LLP - DeConcini McDonald Yetwin & Lacy, P.C. - Debevoise & Plimpton LLP - Dechert LLP - Dennis J. Wortman, P.C. - Dentons - Dickinson Wright LLP - Dickstein Shapiro LLP - Dilworth Paxson LLP - Dinsmore & Shohl LLP - Dorsey & Whitney LLC - Dow Lohnes PLLC - Downey Brand LLP - Drinker Biddle & Reath LLP - Duane Morris LLP - Dudley, Topper and Feuerzeig, LLP - Duensing, Casner & Fitzsimmons - Dykema Cox Smith - Dykema Gossett PLLC - Eisenhower Carlson, PLLC - Engelman Berger, P.C. - Epiq Systems - Epstein Becker Green PC - Ervin Cohen & Jessup LLP - Eversheds LLP - Fabian VanCott - Faegre Baker Daniels - Fangda Partners - Farella Braun & Martel LLP - Farrell Fritz PC - Felsberg Advogados - Fennemore Craig, P.C. - Fenwick & West LLP - Ferrero Abogados - Fiddler Gonzalez & Rodriguez - Foley & Lardner LLP - Foley Hoag LLP - Ford & Harrison LLP - Foster Swift Collins & Smith PC - Fox Rothschild LLP - Fredrikson & Byron, P.A. - Freeborn & Peters LLP - Freshfields Bruckhaus Deringer - Fried, Frank, Harris, Shriver & Jacobson LLP - Frost Brown Todd LLC - Gallagher & Kennedy, P.A. - Gammage & Burnham, LLC - Gardere Wynne Sewell LLP - Gibbons PC - Gibson, Dunn & Crutcher LLP - Godfrey & Kahn, S.C. - Goldberg Kohn - Golenbock Eiseman Assor Bell & Peskoe LLP - Goodmans, LLP - Goodwin Procter LLP - Gordon Rees Scully Mansukhani, LLP - Gordon Silver - Goulston & Storrs PC - Gowling WLG - Graf & Pitkowitz Rechtsanwälte GmbH - Gray Plant Mooty PA - GrayRobinson PA - Greenbaum Rowe Smith & Davis - Greenberg Traurig LLP - Greensfelder, Hemker & Gale, PC - Gust Rosenfeld P.L.C. - Hahn & Hessen LLP - Hahn Loeser & Parks LLP - Hamilton Stephens Steele & Martin, PLLC - Han Kun Law Offices - Harris Beach PLLC - Haynes and Boone, LLP - Herrick, Feinstein LLP - Herron Ortiz, P.A. - Herzog, Fox & Neeman - Heyl, Royster, Voelker & Allen, P.C. - Higgs & Johnson - Hinshaw & Culbertson LLP - Hogan Lovells LLP - Holland & Hart LLP - Holland & Knight LLP - Holme Roberts & Owen LLP - Honigman Miller Schwartz and Cohn LLP - Houser & Allison, APC - Howard & Howard Attorneys PLLC - Hudson Cook LLP - Hughes Gorski Seedorf Odsen & Tervooren, LLC - Hughes Hubbard & Reed LLP - Hunton & Williams LLP - Husch Blackwell LLP - Ice Miller LLP - Irell & Manella LLP - Jackson DeMarco Tidus Peckenpaugh - Jackson Walker LLP - Jaffe Raitt Heuer & Weiss PC - James F. Kahn, P.C. - Jeffer Mangels Butler & Mitchell LLP - Jenner & Block LLP - Johnson DeLuca Kurisky & Gould, P.C. - Jones Day - Jones Walker LLP - Jones, Bell, Abbott, Fleming & Fitzgerald L.L.P. - K&L Gates LLP - Kaempfer Crowell - Karr Tuttle Campbell - Kasowitz, Benson, Torres & Friedman LLP - Katten Muchin Rosenman LLP - Keesal, Young? & Logan - Keightley & Ashner LLP - Keller Rohrback L.L.P. - Kelley Drye & Warren LLP - Kelly Hart & Hallman LLP - Kerr, Russell and Weber, PLC - Kessler Topaz Meltzer & Check, LLP - Kilpatrick Townsend & Stockton LLP - King & Spalding - Kirkland & Ellis LLP - Kirton McConkie PC - Kissinger & Fellman, P.C. - Klee, Tuchin, Bogdanoff & Stern LLP - Kohner Mann & Kailas, S.C. - Kolesar & Leatham, Chartered - Kramer Levin Naftalis & Frankel LLP - Kutak Rock, LLP - Lake & Cobb PLC - Lane Powell PC - Larkin Hoffman Daly & Lindgren Ltd. - Latham & Watkins LLP - Lathrop & Gage LLP - LeClairRyan - Lewis Brisbois Bisgaard & Smith LLP - Lewis Roca Rothgerber Christie LLP - Liebert Cassidy Whitmore - Lindquist & Vennum, P.L.L.P. - Linklaters - Liskow & Lewis - Littler Mendelson P.C. - Locke Lord Edwards - Loeb & Loeb LLP - Lowenstein Sandler PC - Loyens & Loeff - Luther Rechtsanwaltsgesellschaft mbH - Manatt, Phelps & Phillips, LLP - Manley Deas Kochalski, LLC - Maples and Calder - Marquis Aurbach Coffing, P.C. - Marshall Dennehey Warner Coleman & Goggin, P.C. - Mathis, Marifian & Richter, Ltd. - Mayer Brown LLP - Maynard Cooper & Gale PC - McCarter & English LLP - McCarthy Tetrault - McCleskey Harriger Brazill & Graf, LLP - McConnell Valdes LLC - McDermott Will & Emery LLP - McDonald Carano Wilson LLP - McDonald Hopkins LLC - McElroy, Deutsch, Mulvaney & Carpenter, LLP - McGlinchey Stafford PLLC - McGuireWoods LLP - McWhorter Law Firm, PLLC - Meland Russin & Budwick, P.A. - Meyer, Suozzi, English & Klein, P.C. - Michelman & Robinson, LLP - Milbank, Tweed, Hadley & McCloy LLP - Miles & Stockbridge, P.C. - Miller Nash Graham & Dunn LLP - Miller, Johnson, Snell & Cummiskey, P.L.C. - Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C. - Mitchell Silberberg & Knupp LLP - Montgomery McCracken Walker & Rhoads LLP - Moore & Van Allen PLLC - Morgan, Lewis & Bockius LLP - Morris Polich & Purdy LLP - Morris Schneider Wittstadt, LLC - Morris, Manning & Martin, LLP - Morris, Nichols, Arsht & Tunnell LLP - Morrison & Foerster LLP - Mourant Ozannes - Moye White LLP - Munger, Tolles & Olson LLP - Munsch Hardt Kopf & Harr, P.C. - Murphy & King P.C. - Murtha Cullina LLP - Neal, Gerber & Eisenberg LLP - Nelson Mullins Riley & Scarborough LLP - Nexsen Pruet - Nixon Peabody LLP - Norton Rose Fulbright LLP - Nossaman LLP - O'Kelly Ernst & Bielli - O'Melveny & Myers LLP - Ogletree, Deakins, Nash, Smoak & Stewart, P.C. - Orr & Reno, P.A. - Orrick, Herrington & Sutcliffe LLP - Osler, Hoskin & Harcourt LLP - Otterbourg P.C. - Pachulski Stang Ziehl & Jones LLP - Page, Scrantom, Sprouse, Tucker & Ford, P.C. - Parker & Covert LLP - Parker Poe Adams & Bernstein LLP - Parsons Behle & Latimer - Patterson Belknap Webb & Tyler LLP - Paul Hastings LLP - Paul, Weiss, Rifkind, Wharton & Garrison LLP - Pepper Hamilton LLP - Perkins Coie LLP - Pessin Katz Law, P.A. - Phelps Dunbar LLP - Phillips Lytle LLP - Pia Anderson Dorius Reynard & Moss, LLC - Pierce Atwood LLP - Pillsbury Winthrop Shaw Pittman LLP - Polsinelli PC - Porzio, Bromberg, and Newman P.C. - Poyner Spruill LLP - Procopio, Cory, Hargreaves & Savitch LLP - Proskauer Rose LLP - Pullman & Comley LLC - Quarles & Brady LLP - Quilling, Selander, Lownds, Winslett & Moser, P.C. - Quinn Emanuel Urquhart & Sullivan, LLP - Ragsdale Liggett, PLLC - Ray Quinney & Nebeker P.C. - Rayburn Cooper & Durham, P.A. - Reed Smith LLP - Rhoades McKee PC - Richards, Layton & Finger, P.A. - Richardson & Patel, LLP - Riemer & Braunstein LLP - Rivkin Radler - Robins Kaplan LLP - Robinson & Cole LLP - Robinson Bradshaw & Hinson, P.A. - Ropes & Gray LLP - Roshka DeWulf & Patten, P.L.C. - Rutan & Tucker LLP - Salter McGowan Sylvia & Leonard, Inc. - Sanders, O'Hanlon, & Motley, PLLC - Santamarina y Steta, S.C. - Saul Ewing LLP - Scheef & Stone, L.L.P. - Schellenberg Wittmer - Schiff Hardin LLP - Schiltz & Schiltz - Schnader Harrison Segal & Lewis LLP - Schulte Roth & Zabel LLP - Schwabe, Williamson & Wyatt, PC - Sedgwick LLP - Severson & Werson - Seyfarth Shaw LLP - Shearman & Sterling LLP - Sheehan Phinney Bass & Green PA - Sheppard, Mullin, Richter & Hampton LLP - Sher Tremonte LLP - Sherman & Howard LLC - Shook, Hardy & Bacon L.L.P. - Shulman Hodges & Bastian LLP - Shumaker, Loop & Kendrick, LLP - Sidley Austin LLP - Sills Cummis & Gross P.C. - Simcox and Barclay LLP - Simpson Thacher & Bartlett LLP - Skadden, Arps, Slate, Meagher & Flom LLP - Slaughter and May - Smith, Anderson, Blount, Dorsett, Mitchell, & Jernigan LLP - Snell & Wilmer LLP - Solomon Ward Seidenwurm & Smith, LLP - Spencer Fane Britt & Browne LLP - Sprunger Law PLLC - Squire Patton Boggs - Steptoe & Johnson LLP - Steptoe & Johnson PLLC - Stevens & Lee - Stikeman Elliott LLP - Stinson Leonard Street LLP - Stoel Rives LLP - Stoll Keenon Ogden PLLC - Stradling Yocca Carlson & Rauth, P.C. - Strasburger & Price, LLP - Stroock & Stroock & Lavan LLP - Sullivan & Cromwell LLP - Sullivan & Worcester LLP - Susman Godfrey LLP - Sutherland Asbill & Brennan LLP - Swift, Currie, McGhee & Heirs, LLP - Taft Stettinius & Hollister LLP - Tannenbaum Helpern Syracuse & Hirschtritt LLP - The Cavanagh Law Firm, P.A. - The Richard L. Rosen Law Firm, PLLC - Thierhoff Muller & Partner - Thompson & Knight LLP - Thompson Coburn LLP - Thompson Hine LLP - Thompson Krone, P.L.C. - Togut, Segal & Segal LLP - Tonkon Torp LLP - Torys, LLP - Troutman Sanders LLP - Tucker Ellis LLP - Tydings & Rosenberg LLP - Updike Kelly & Spellacy PC - Varnum LLP - Venable LLP - Vinson & Elkins LLP - Volpe and Koening, P.C. - Vorys, Sater, Seymour and Pease LLP - Wachtell, Lipton, Rosen & Katz - Walker & Doepfner, P.C. - Waller Lansden Dortch & Davis LLP - Warner Norcross & Judd LLP - Weil, Gotshal & Manges LLP - White & Case LLP - Whiteford, Taylor & Preston L.L.P. - Wiand Guerra King P.A. - Wiley Rein LLP - Williams & Connolly LLP - Willkie Farr & Gallagher LLP - Wilmer Cutler Pickering Hale and Dorr LLP - Wilson Sonsini Goodrich & Rosati, PC - Wilson, Elser, Moskowitz, Edelman & Dicker LLP - Winstead PC - Winston & Strawn LLP - Winthrop & Weinstine, P.A. - Wolfe & Wyman, LLP - Womble Carlyle Sandridge & Rice PLLC - Wyatt Tarrant & Combs LLP - Wyrick Robbins Yates & Ponton LLP - Young Conaway Stargatt & Taylor LLP For more information about this report visit http://www.researchandmarkets.com/research/6tzqfl/manda_attorney


Dublin, Feb. 15, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "China Attorney Hourly Rate Report 2017" report to their offering. The "China Attorney Rate Report 2017" is the most comprehensive analysis of the explosive legal market in the People's Republic of China. The growth in legal activity and hourly rates has mirrored the Chinese economy with double-digit growth since 2005. The Report details the hourly rates at major Chinese national Firms as well as non-Chinese Firms trying to make in-roads into the country. China and Asia in general will soon out-strip both the United States and UK legal markets in terms of legal spend, according to the Report. Key Topics Covered: 1: Rates & Projections for the Top 200 2: Individual Firms Rates & Projections 3: Rates & Projections by Practice Area for Top 200 4: Rates & Projections by Cities for the Top 200 5: Rates & Projections by Industries for the Top 200 Companies Mentioned - Akin Gump Strauss Hauer & Feld LLP - Allen & Overy LLP - Appleby Global Group Services Limited - Ashurst LLP - Baker & McKenzie LLP - Campbells - Cleary Gottlieb Steen & Hamilton LLP - Clifford Chance LLP - Covington & Burling LLP - DLA Piper - Dacheng (Dentons) - Davis Polk & Wardwell LLP - De Brauw Blackstone Westbroek - Deacons - Debevoise & Plimpton LLP - Dechert LLP - Fangda Partners - Foley & Lardner LLP - Gibson, Dunn & Crutcher LLP - Greenberg Traurig LLP - Hammonds LLP - Han Kun Law Offices - Herbert Smith Freehills - Hogan Lovells LLP - Ince & Company - Jade & Fountain PRC Lawyers Corporation - Jones Day - K&L Gates LLP - King & Wood Mallesons - Kirkland & Ellis LLP - Latham & Watkins LLP - Linklaters - Loyens & Loeff - Mayer Brown LLP - Milbank, Tweed, Hadley & McCloy LLP - Morgan, Lewis & Bockius LLP - Morrison & Foerster LLP - Mourant Ozannes - Norton Rose Fulbright LLP - Paul Hastings LLP - Reed Smith LLP - Ropes & Gray LLP - Sheppard, Mullin, Richter & Hampton LLP - Sidley Austin LLP - Simpson Thacher & Bartlett LLP - Skadden, Arps, Slate, Meagher & Flom LLP - Steptoe & Johnson LLP - Sullivan & Cromwell LLP - Troutman Sanders LLP - Vinson & Elkins LLP - Weil, Gotshal & Manges LLP - White & Case LLP - Zhong Lun Law Firm For more information about this report visit http://www.researchandmarkets.com/research/flkzph/china_attorney


News Article | February 22, 2017
Site: www.businesswire.com

DENVER, Colorado--(BUSINESS WIRE)--Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) will be presenting at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, February 28, 2017 at 2:05 p.m. PST at The Palace Hotel in San Francisco, California. Liberty Global may make observations concerning its historical operating performance and outlook. The presentation will be webcast live at www.libertyglobal.com. We intend to archive the webcast under the Investor Relations section of our website for approximately 30 days. Liberty Global is the world’s largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. We invest in the infrastructure that empowers our customers to make the most of the digital revolution. Our scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect our 25 million customers who subscribe to 50 million television, broadband internet and telephony services. We also serve 10 million mobile subscribers and offer WiFi service across 5 million access points. Liberty Global’s businesses are comprised of two stocks: the Liberty Global Group (NASDAQ: LBTYA, LBTYB and LBTYK) for our European operations, and the LiLAC Group (NASDAQ: LILA and LILAK, OTC Link: LILAB), which consists of our operations in Latin America and the Caribbean. The Liberty Global Group operates in 11 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture, which has 4 million customers, 10 million fixed-line subscribers and 5 million mobile subscribers. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a sub-sea fiber network throughout the region in over 30 markets. For more information, please visit www.libertyglobal.com.


News Article | February 22, 2017
Site: www.businesswire.com

LONDON--(BUSINESS WIRE)--Tech City UK is delighted to announce the 26 new companies that are joining its Future Fifty programme, which showcases and supports 50 of the country’s leading growth stage companies. Future Fifty companies have enjoyed phenomenal success since the programme began, demonstrating that the Tech City UK initiative is a real proving ground for the UK’s most talented entrepreneurs and their teams. Future Fifty gives the 26 fast-growing companies immediate access to a valuable peer network; expert-led classes and workshops designed to take their businesses to the next level; and a higher profile amongst the wider tech ecosystem. Future Fifty companies represent some of the country’s most exciting growth stage tech businesses, while changing the sectors that they operate in fundamentally. Of the 77 companies that have been through the programme since 2014, Future Fifty’s track record now includes: Other well known companies that have graduated from the Future Fifty programme include: The 26 companies that join the programme now could soon become household names and active in global markets. Four of the latest intake are graduates of our Upscale programme, which is an intensive six-month coaching initiative for early stage companies. All 26 companies have been identified by a highly experienced and respected judging panel made up of some of the most successful entrepreneurs and investors in UK tech. They believe these companies have the potential to scale rapidly and build significant businesses. The full list of Future Fifty companies is (1 - 26 are new companies, 27 - 50 existing companies): 1. Azimo (www.azimo.com) is an online international money transfer service that allows people to send money to any internet-connected device in over 190 countries around the world 2. Blis (www.blis.com) uses location data technology to create audiences for advertisers 3. Bloom & Wild (www.bloomandwild.com) provides flower delivery through the letterbox 4. Carwow (www.carwow.co.uk) is the most convenient, stress free way to find and buy a new car. 5. ClearScore (www.clearscore.com) is a company that provides free access to credit scores and reports 6. Condeco Group (www.condecosoftware.com) helps companies manage their meeting and office spaces more effectively 7. Ebury (www.ebury.com) is a financial services company that helps small and medium enterprises grow internationally with foreign exchange, business lending and cash management solutions 8. Epos Now (www.eposnow.com) is a point-of-sale software and hardware provider that automates small business banking 9. Fairsail (www.fairsail.com) provides cloud-based human resources and people management software to mid-sized organizations 10. Festicket (www.festicket.com) is an online marketplace to discover and book musical festival experiences 11. Gousto (www.gousto.co.uk) provides innovative recipe boxes with pre-portioned ingredients packaged and delivered to the door each week 12. Interact (www.interact-intranet.com) provides intranet software and professional services to help companies solve internal communication and collaboration challenges 13. Kano (www.kano.me) creates computers and coding kits for all ages 14. LoveCrafts (www.lovecrafts.com) is an online community and marketplace for the crafts sector 15. My UNiDAYS (www.myunidays.com) connects brands and services to a verified audience of students around the world 16. Onfido (www.onfido.com) is an identity verification platform that helps over 1,000 companies ensure their customers are who they claim to be 18. ROLI (www.roli.com) is a music technology company that makes a modular music creation system that opens up new possibilities for musical expression 19. Tails.com (www.tails.com) is an online pet nutrition service that makes and delivers tailormade food for an individual dog’s unique diet and nutritional needs 20. Thread (www.thread.com) is an e-commerce company that uses human stylists and machine learning to help men dress well without going shopping 21. Threads Styling (www.threadsstyling.com) is a company reinventing luxury goods commerce for the Snapchat generation 22. Spitfire Audio (www.spitfireaudio.com) provides virtual instruments to composers and producers to produce and earn royalties on quality musical samples 23. SuperAwesome (www.superawesome.tv) powers a kid-safe digital media ecosystem with products that are designed for kids’ data privacy requirements 24. Swoon Editions (www.swooneditions.com) is an online furniture brand that works directly with suppliers to provide better quality products at a better price than traditional retailers 25. Trak Global Group (www.trakglobal.co.uk) is a telematics company that uses embedded devices to gather data and manage driver risk 26. Ve Interactive (www.veinteractive.com) provides software that helps companies with digital advertising and online conversion 27. Adzuna (www.adzuna.com) is a search engine for jobs ads that lists every job, everywhere 28. Algomi (www.algomi.com) enables all market participants to securely and intelligently harness data to make valuable financial trading connections 31. Busuu (www.busuu.com) is the world’s largest social network for language learning 33. Deliveroo (www.deliveroo.com) was founded in 2013 to provide the ultimate food delivery experience 34. FundApps (www.fundapps.co) provides cloud-based regulatory compliance monitoring SaaS to financial institutions 35. GoCardless (www.gocardeless.com) is the easy way to collect Direct Debit payments 37. Just Giving (www.justgiving.com) is the Number 1 platform for online giving in the world 38. LMAX (www.lmax.com) was established to deliver the benefits of exchange quality execution to both buy-side and sell-side trading institutions 39. Lost My Name (www.lostmyname.com) is an award-winning independent technology and publishing business 40. MWR InfoSecurity (www.mwrinfosecurity.com) is an independent cyber security consultancy with research at the heart of what they do 42. Performance Horizon (www.performancehorizon.com) is the leading provider of SaaS solutions for digital partner marketing 43. Qubit (www.qubit.com) empowers businesses to customise and optimise websites in real-time using qualitative and quantitative visitor data 44. RateSetter (www.ratesetter.com) is one of the largest P2P lending platforms in the UK 45. scoota (www.scoota.com) is an online advertising technology company that enables advertisers to create, activate, measure and optimise brand campaigns to scale 47. The Floow (www.thefloow.com) designs the world’s most insightful, feature-rich and cost effective telematic system to make vehicles safer and cheaper for all 49. WorldRemit (www.worldremit.com) lets people send money to friends and family living abroad, using a computer, smartphone or tablet For more information go to www.futurefifty.com


MIAMI, FL--(Marketwired - Feb 27, 2017) - Up-and-coming Caribbean footballers between the ages of 13 and 16 will not be able to contain their excitement, as news breaks that Flow and Manchester United will host The Ultimate Football Experience, a skills-based competition, supported by the Caribbean Football Union. The programme seeks to give youngsters, the chance-of-a-lifetime to participate in a talent development football camp; and even earn a trip to Old Trafford, Manchester to see Man Utd vs Crystal Palace on May 21st 2017. The good news gets even better as registration opens this week for the football competition which runs from March through to May 2017. Here's how it works: skilled boys and girls can register online at https://discoverflow.co/flowmanutd. Registered participants will then be instructed to appear at designated football festivals across all Caribbean markets in which Flow operates. The participants will engage in a Manchester United Soccer School's international programme, which has been specially devised for the campaign and will be delivered by CFU coaches. Throughout the competition Manchester United legends will also be making an appearance at the festivals to offer their tips and advice. This is a proven Manchester United Soccer School programme designed to build and test the skills of young footballers across the globe. As the competition evolves, two participants from each market, along with their respective coach, will advance to a two-day skills session in Trinidad and Tobago to experience one-on-one training with CFU and Manchester United Soccer School Coaches. There, they will participate in a series of drills designed by the coaches and compete for the chance for two finalists and their coach to win a once-in-a-lifetime trip to Old Trafford in Manchester, England. Considered to be the highlight of the development initiative the two winners along with their coaches will travel to the world-famous football stadium to witness first hand Manchester United's final Premier League game of the season against Crystal Palace. This VIP experience will also include a visit to the Manchester United Museum and Tour, taking in the history of the club followed by a tour of the iconic stadium. Manchester United's Group Managing Director, Richard Arnold said, "Youth development is at the heart of this Club's traditions and success. The Manchester United Soccer Schools were developed to help spread this spirit to as many children as possible. In recent years our partners have been instrumental in helping the great work of our Soccer Schools coaches reach young people around the world. We're proud to work with Flow on this project." "Like Manchester United, Flow also has a deep sense of commitment to youth development as can be seen by our support of several programmes throughout the region that help to hone the skills of young footballers," said Garfield Sinclair, Flow's newly appointed President of the Caribbean. Sinclair also said, "We're therefore proud to work in partnership with Manchester United to offer this once in a lifetime experience to our talented youngsters across the region." The Caribbean Football Union's (CFU) President Gordon Derrick gave a ringing endorsement of The Ultimate Football Experience, as he added: "The CFU is proud to be a partner with Flow on this exhilarating and beneficial initiative. Hundreds of young footballers in 15 countries -- half of the CFU's membership -- will have the opportunity to compete, hone their skills, and, for the finalists, live the dream. I am confident that this partnership will bode well for the future of football in the region." The Ultimate Football Experience is one of several Manchester United and Flow partnership initiatives. In January, Flow hosted the FA Cup Caribbean Tour during which the Company gave football fans up-close and unprecedented access to football's most coveted trophy. The final leg of the tour culminated in the Cayman Islands, where Manchester United ambassador Dwight Yorke made an appearance. Cable and Wireless is Manchester United's telecommunications partner in the Caribbean. C&W is a full service communications and entertainment provider and delivers market-leading video, broadband, telephony and mobile services to consumers in 18 countries. Through its business division, C&W provides data center hosting, domestic and international managed network services, and customized IT service solutions, utilizing cloud technology to serve business and government customers. C&W also operates a state-of-the-art submarine fiber network -- the most extensive in the region. Learn more at www.cwc.com, or follow C&W on LinkedIn, Facebook or Twitter. Liberty Global is the world's largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. We invest in the infrastructure that empowers our customers to make the most of the digital revolution. Our scale and commitment to innovation enable us to develop market-leading products delivered through next generation networks that connect our 25 million customers who subscribe to over 50 million television, broadband internet and telephony services. We also serve over 10 million mobile subscribers and offer WiFi service across 5 million access points. Liberty Global's businesses are comprised of two stocks: the Liberty Global Group ( : LBTYA) ( : LBTYB) and ( : LBTYK) for our European operations, and the LiLAC Group ( : LILA) and ( : LILAK) ( : LILAB), which consists of our operations in Latin America and the Caribbean. The Liberty Global Group operates in 11 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture, which has 4 million customers, 10 million fixed-line subscribers and 5 million mobile subscribers. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a sub-sea fiber network throughout the region in over 30 markets. For more information, please visit www.libertyglobal.com.


News Article | February 15, 2017
Site: www.businesswire.com

DENVER, Colorado--(BUSINESS WIRE)--Liberty Global plc ("Liberty Global") (NASDAQ: LBTYA, LBTYB, LBTYK, LILA and LILAK) today announces financial and operating results for the three months ("Q4") and fiscal year ("2016", "FY 2016" or "FY16") ended December 31, 2016 for the Liberty Global Group1 and the LiLAC Group1. CEO Mike Fries stated, "As expected, we finished 2016 on a high note, delivering rebased2 OCF3 growth in Europe of 7.5% in the fourth quarter, excluding Ziggo. This performance was driven by solid results across our European operations, including Virgin Media, which delivered its best quarterly result in two years with 8% rebased OCF growth. As promised, the key 2016 drivers of our Liberty Go plan are kicking in - new build accelerated, B2B performed well and we kept indirect operating expenses relatively flat. We expect the collective impact of these drivers to continue ramping in 2017 and beyond, underpinning accelerating growth over the medium term." "On the subscriber front, we increased our 2016 RGU4 additions in Europe by 24% year-over-year and finished the year with 946,000 new subscribers. This improved performance can be credited to the wide range of innovative new products that we've launched, including our superior and ever-increasing broadband speeds, and our aggressive network expansion program, which delivered over 1.4 million5 new gigabit-ready homes in 2016, including nearly half a million at Virgin Media6 alone." "Looking ahead, we will continue to enrich our bundled portfolios with compelling 4G mobile offers and the addition of new content and functionality, including the launch of Netflix across our footprint. We will also expand the deployment of exciting new products like our 4K cloud-based set-top and our WiFi Connect Box. Also, in late 2017, we will start field trials of the unrivaled DOCSIS 3.1 technology, which will provide gigabit speeds. On the guidance front, we expect to deliver 6% to 7% rebased OCF growth in Europe in 2017, stepping up to 7% to 8%7 annual growth over the medium-term with upside in 2018. Finally, we are guiding towards Adjusted FCF16 of $1.5 billion8 from our European operations for 2017. This target includes the impact of our capital plan to connect 1.4 million new homes in 20179, which will help support our growth ambition over the coming years." "On the M&A front, 2016 was a busy year. We completed our joint venture with Vodafone in the Netherlands at year-end, which was a terrific transaction for shareholders as total cash proceeds were nearly $3 billion10 over 2016 and we now own 50% of the most innovative converged player in the market. In October, we announced the proposed acquisition of Multimedia Polska, the third largest cable operator in Poland, and expect that deal to boost our market-leading position when it closes around year-end 2017. With regards to LiLAC, our Latin American and Caribbean business, we closed the acquisition of Cable & Wireless ('CWC') in May 2016. Despite some initial challenges, we believe in the prospects for this business as we exploit our organic growth potential and scale efficiencies across the region." "The LiLAC Group delivered 6% rebased OCF growth in 2016, including 9% growth from our legacy LiLAC operations, which exclude Cable & Wireless. CWC11 delivered $226 million of OCF in Q4, just above the high-end of our expectations for the quarter. From an organizational perspective, we have changed CWC's operating model and recently placed a number of key personnel in critical roles within the business, including the confirmation of John Reid as CEO. As we head into 2017, we are laser focused on improving the results at CWC and expect the LiLAC Group to deliver approximately $1.5 billion12,8 of OCF for the full year." "We ended 2016 with a strong balance sheet, purposely geared at 4.8x13 net leverage in Europe and 3.6x in LatAm. Our debt remains hedged against virtually all currency and interest rate exposures, and we don't have any material maturities until 2021. With total Liberty Global plc liquidity14 of $8 billion, we are in a great position heading into 2017. During Q4, we were active with repurchases of both stocks. For Liberty Global Group, we purchased over $450 million of equity at attractive price levels in Q4, ending 2016 with total buybacks of $2 billion. And today, we are announcing a $1 billion increase to our previously planned $2 billion buyback target for our Liberty Global Group equity in 2017. For LiLAC, we initiated a $300 million repurchase program in early November and LiLAC bought over $20 million of stock before year end. The valuation of LiLAC looks very attractive, and we are keen to continue repurchasing stock under this $300 million program." The following table presents (i) revenue of each of our reportable segments for the comparative periods, and (ii) the percentage change from period to period on a reported and rebased basis: ^ - We provide a rebased revenue growth rate for the Liberty Global Group that excludes the Netherlands in light of the deconsolidation of the Netherlands that occurred on December 31, 2016 in connection with the closing of our joint venture in the Netherlands with Vodafone Group. The following table presents (i) OCF of each of our reportable segments for the comparative periods, and (ii) the percentage change from period to period on a reported and rebased basis: ^ - We provide a rebased OCF growth rate for the Liberty Global Group that excludes the Netherlands in light of the deconsolidation of the Netherlands that occurred on December 31, 2016 in connection with the closing of our joint venture in the Netherlands with Vodafone Group. This is also the basis on which we provided our 2016 OCF guidance for the Liberty Global Group. On May 16, 2016, a subsidiary of Liberty Global acquired CWC. Accordingly, CWC has been included in our financial results under Liberty Global's U.S. GAAP accounting policies since May 16, 2016. The following table presents (i) revenue of each of our reportable segments for the comparative periods and (ii) the percentage change from period to period on a reported and rebased basis: ^ - We provide a rebased revenue growth rate for the LiLAC Group that excludes CWC in light of the fact that CWC is only included in our 2016 results from the May 16, 2016 acquisition date. The following table presents (i) OCF of each of our reportable segments for the comparative periods, and (ii) the percentage change from period to period on a reported and rebased basis: ^ - We provide a rebased OCF growth rate for the LiLAC Group that excludes CWC in light of the fact that CWC is only included in our 2016 results from the May 16, 2016 acquisition date. This is also the basis on which we provided our 2016 OCF guidance for the LiLAC Group. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to our strategies, future growth prospects and opportunities; expected RGU additions; our expectations with respect to revenue, OCF and Adjusted FCF; expectations with respect to the development, enhancement and expansion of our superior networks and innovative and advanced products and services, including the roll-out of our 4G mobile product and cloud-based products; plans and expectations relating to new build and network extension opportunities; the timing of proposed acquisitions and the anticipated benefits, costs and synergies in connection with acquisitions, including the CWC acquisition and the proposed acquisition of Multimedia Polska; expectations with respect to our joint venture in the Netherlands; expectations regarding our share buyback program; the strength of our balance sheet and tenor of our third-party debt; and other information and statements that are not historical fact. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include the continued use by subscribers and potential subscribers of our services and their willingness to upgrade to our more advanced offerings; our ability to meet challenges from competition, to manage rapid technological change or to maintain or increase rates to our subscribers or to pass through increased costs to our subscribers; the effects of changes in laws or regulation; general economic factors; our ability to obtain regulatory approval and satisfy regulatory conditions associated with acquisitions and dispositions; our ability to successfully acquire and integrate new businesses and realize anticipated efficiencies from businesses we acquire; the availability of attractive programming for our video services and the costs associated with such programming; our ability to achieve forecasted financial and operating targets; the outcome of any pending or threatened litigation; the ability of our operating companies to access cash of their respective subsidiaries; the impact of our operating companies' future financial performance, or market conditions generally, on the availability, terms and deployment of capital; fluctuations in currency exchange and interest rates; the ability of suppliers and vendors (including our third-party wireless network providers under our MVNO arrangements) to timely deliver quality products, equipment, software, services and access; our ability to adequately forecast and plan future network requirements including the costs and benefits associated with network expansions; and other factors detailed from time to time in our filings with the Securities and Exchange Commission, including our most recently filed Form 10-K. These forward-looking statements speak only as of the date of this release. We expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Liberty Global is the world’s largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. We invest in the infrastructure that empowers our customers to make the most of the digital revolution. Our scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect our 25 million customers who subscribe to over 50 million television, broadband internet and telephony services. We also serve over 10 million mobile subscribers and offer WiFi service across 5 million access points. Liberty Global’s businesses are comprised of two stocks: the Liberty Global Group (NASDAQ: LBTYA, LBTYB and LBTYK) for our European operations, and the LiLAC Group (NASDAQ: LILA and LILAK, OTC Link: LILAB), which consists of our operations in Latin America and the Caribbean. The Liberty Global Group operates in 11 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture, which has 4 million customers, 10 million fixed-line subscribers and 5 million mobile subscribers. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a sub-sea fiber network throughout the region in over 30 markets. For more information, please visit www.libertyglobal.com Balance Sheets, Statements of Operations and Statements of Cash Flows The consolidated balance sheets, statements of operations and statements of cash flows of Liberty Global are included in our 10-K. For attributed financial information of the Liberty Global Group and the LiLAC Group, see Exhibit 99.1 to our 10-K. In the following tables, we present revenue and operating cash flow by reportable segment for the three months and year ended December 31, 2016, as compared to the corresponding prior-year periods. All of our reportable segments derive their revenue primarily from consumer and B2B services, including video, broadband internet and fixed-line telephony services and, with the exception of Puerto Rico, mobile services. For detailed information regarding the composition of our reportable segments, see note 18 to our consolidated financial statements included in our 10-K. For purposes of calculating rebased growth rates on a comparable basis for all businesses that we owned during 2016, we have adjusted our historical revenue and OCF for the three months and year ended December 31, 2015 to (i) include the pre-acquisition revenue and OCF of certain entities acquired during 2015 and 2016 in our rebased amounts for the three months and year ended December 31, 2015 to the same extent that the revenue and OCF of such entities are included in our results for the three months and year ended December 31, 2016, (ii) exclude the pre-disposition revenue and OCF of "offnet" subscribers in the U.K. that were disposed in the fourth quarter of 2014 and the first half of 2015 from our rebased amounts for the year ended December 31, 2015 to the same extent that the revenue and OCF of these disposed subscribers is excluded from our results for the year ended December 31, 2016, (iii) exclude the revenue and OCF related to a partner network agreement that was terminated shortly after the Ziggo acquisition from our rebased amounts for the year ended December 31, 2015 to the same extent that the revenue and OCF from this partner network is excluded from our results for the year ended December 31, 2016, (iv) exclude the pre-disposition revenue, OCF and associated intercompany eliminations of Film1, which was disposed in the third quarter of 2015, from our rebased amounts for the year ended December 31, 2015 to the same extent that the revenue, OCF and associated intercompany eliminations are excluded from our results for the year ended December 31, 2016, (v) exclude the revenue and OCF of multi-channel multi-point (microwave) distribution system subscribers in Ireland that have disconnected since we announced the switch-off of this service effective April 2016 for the three months and year ended December 31, 2015 to the same extent that the revenue and OCF of these subscribers is excluded from our results for the three months and year ended December 31, 2016 and (vi) reflect the translation of our rebased amounts for the three months and year ended December 31, 2015 at the applicable average foreign currency exchange rates that were used to translate our results for the three months and year ended December 31, 2016. We have included CWC, BASE and five small entities in whole or in part in the determination of our rebased revenue and OCF for the three months ended December 31, 2015. We have included CWC, BASE, Choice and five small entities in whole or in part in the determination of our rebased revenue and OCF for the year ended December 31, 2015. We have reflected the revenue and OCF of the acquired entities in our 2015 rebased amounts based on what we believe to be the most reliable information that is currently available to us (generally pre-acquisition financial statements), as adjusted for the estimated effects of (a) any significant differences between Generally Accepted Accounting Principles in the United States (“U.S. GAAP”) and local generally accepted accounting principles, (b) any significant effects of acquisition accounting adjustments, (c) any significant differences between our accounting policies and those of the acquired entities and (d) other items we deem appropriate. We do not adjust pre-acquisition periods to eliminate nonrecurring items or to give retroactive effect to any changes in estimates that might be implemented during post-acquisition periods. As we did not own or operate the acquired businesses during the pre-acquisition periods, no assurance can be given that we have identified all adjustments necessary to present the revenue and OCF of these entities on a basis that is comparable to the corresponding post-acquisition amounts that are included in our historical results or that the pre-acquisition financial statements we have relied upon do not contain undetected errors. The adjustments reflected in our rebased amounts have not been prepared with a view towards complying with Article 11 of Regulation S-X. In addition, the rebased growth percentages are not necessarily indicative of the revenue and OCF that would have occurred if these transactions had occurred on the dates assumed for purposes of calculating our rebased amounts or the revenue and OCF that will occur in the future. The rebased growth percentages have been presented as a basis for assessing growth rates on a comparable basis, and are not presented as a measure of our pro forma financial performance. The following table provides adjustments made to the 2015 amounts to derive our rebased growth rates for the Liberty Global Group and the LiLAC Group: In each case, the following tables present (i) the amounts reported by each of our reportable segments for the comparative periods, (ii) the U.S. dollar change and percentage change from period to period and (iii) the percentage change from period to period on a rebased basis: (1) We provide a rebased revenue growth rate for the Liberty Global Group that excludes the Netherlands in light of the deconsolidation of the Netherlands that occurred on December 31, 2016 in connection with the closing of our joint venture in the Netherlands with Vodafone Group. (2) We provide a rebased revenue growth rate for the LiLAC Group that excludes CWC in light of the fact that CWC is only included in our 2016 results from the May 16, 2016 acquisition date. (1) We provide a rebased revenue growth rate for the Liberty Global Group that excludes the Netherlands in light of the deconsolidation of the Netherlands that occurred on December 31, 2016 in connection with the closing of our joint venture in the Netherlands with Vodafone Group. (2) We provide a rebased revenue growth rate for the LiLAC Group that excludes CWC in light of the fact that CWC is only included in our 2016 results from the May 16, 2016 acquisition date. As used herein, OCF has the same meaning as the term "Adjusted OIBDA" that is referenced in our 10-K. OCF is the primary measure used by our chief operating decision maker to evaluate segment operating performance. OCF is also a key factor that is used by our internal decision makers to (i) determine how to allocate resources to segments and (ii) evaluate the effectiveness of our management for purposes of annual and other incentive compensation plans. As we use the term, OCF is defined as operating income before depreciation and amortization, share-based compensation, provisions and provision releases related to significant litigation and impairment, restructuring and other operating items. Other operating items include (a) gains and losses on the disposition of long-lived assets, (b) third-party costs directly associated with successful and unsuccessful acquisitions and dispositions, including legal, advisory and due diligence fees, as applicable, and (c) other acquisition-related items, such as gains and losses on the settlement of contingent consideration. Our internal decision makers believe OCF is a meaningful measure because it represents a transparent view of our recurring operating performance that is unaffected by our capital structure and allows management to (1) readily view operating trends, (2) perform analytical comparisons and benchmarking between segments and (3) identify strategies to improve operating performance in the different countries in which we operate. We believe our OCF measure is useful to investors because it is one of the bases for comparing our performance with the performance of other companies in the same or similar industries, although our measure may not be directly comparable to similar measures used by other public companies. OCF should be viewed as a measure of operating performance that is a supplement to, and not a substitute for, operating income, net earnings or loss, cash flow from operating activities and other U.S. GAAP measures of income or cash flows. A reconciliation of operating income to total segment OCF is presented below. Summary of Debt, Capital Lease Obligations and Cash and Cash Equivalents The following table1 details the U.S. dollar equivalent balances of the outstanding principal amount of our debt, capital lease obligations and cash and cash equivalents at December 31, 2016: The tables below highlight the categories of the property and equipment additions attributed to the Liberty Global Group and the LiLAC Group for the indicated periods and reconcile those additions to the capital expenditures that are presented in the attributed statement of cash flows information included in Exhibit 99.1 to our 10-K: We define Adjusted Free Cash Flow as net cash provided by our operating activities, plus (i) excess tax benefits related to the exercise of share-based incentive awards, (ii) cash payments for third-party costs directly associated with successful and unsuccessful acquisitions and dispositions and (iii) expenses financed by an intermediary, less (a) capital expenditures, as reported in our consolidated statements of cash flows, (b) principal payments on amounts financed by vendors and intermediaries and (c) principal payments on capital leases (exclusive of the portions of the network lease in Belgium and the duct leases in Germany that we assumed in connection with certain acquisitions), with each item excluding any cash provided or used by our discontinued operations. We believe that our presentation of Adjusted Free Cash Flow provides useful information to our investors because this measure can be used to gauge our ability to service debt and fund new investment opportunities. Adjusted free cash flow should not be understood to represent our ability to fund discretionary amounts, as we have various mandatory and contractual obligations, including debt repayments, which are not deducted to arrive at this amount. Investors should view adjusted free cash flow as a supplement to, and not a substitute for, U.S. GAAP measures of liquidity included in our consolidated statements of cash flows. Beginning with the third quarter of 2016, we changed the name of this metric from "Free Cash Flow" to "Adjusted Free Cash flow." We have not changed how we calculate this metric. The following table provides the reconciliation of our net cash provided by operating activities to Adjusted Free Cash Flow for the indicated periods: The following table provides ARPU per customer relationship for the indicated periods: The following tables provide ARPU per mobile subscriber12 and mobile subscribers13 for the indicated periods: The following table provides information on the breakdown of our RGUs and customer base and highlights our customer bundling metrics at December 31, 2016, September 30, 2016, and December 31, 2015: As a result of our decision to discontinue our Multi-channel Multipoint Distribution System (“MMDS”) service in Ireland, we have excluded subscribers to our MMDS service from our externally reported operating statistics effective January 1, 2016, which resulted in a reduction to Homes Passed, RGUs, and Customer Relationships in Ireland and Slovakia of 22,000 and 500, respectively. Most of our broadband communications subsidiaries provide telephony, broadband internet, data, video or other B2B services. Certain of our B2B revenue is derived from small or home office (“SOHO”) subscribers that pay a premium price to receive enhanced service levels along with video, internet or telephony services that are the same or similar to the mass marketed products offered to our residential subscribers. All mass marketed products provided to SOHOs, whether or not accompanied by enhanced service levels and/or premium prices, are included in the respective RGU and customer counts of our broadband communications operations, with only those services provided at premium prices considered to be “SOHO RGUs” or “SOHO customers.” SOHO customers of CWC are not included in our respective RGU and customer counts as of December 31, 2016. With the exception of our B2B SOHO subscribers, we generally do not count customers of B2B services as customers or RGUs for external reporting purposes. Certain of our residential and commercial RGUs are counted on an EBU basis, including residential multiple dwelling units and commercial establishments, such as bars, hotels and hospitals, in Chile and Puerto Rico and certain commercial and residential multiple dwelling units in Europe (with the exception of Germany and Belgium, where we do not count any RGUs on an EBU basis). Our EBUs are generally calculated by dividing the bulk price charged to accounts in an area by the most prevalent price charged to non-bulk residential customers in that market for the comparable tier of service. As such, we may experience variances in our EBU counts solely as a result of changes in rates. In Germany, homes passed reflect the footprint and two-way homes passed reflect the technological capability of our network up to the street cabinet, with drops from the street cabinet to the building generally added, and in-home wiring generally upgraded, on an as needed or success-based basis. In Belgium, Telenet leases a portion of its network under a long-term capital lease arrangement. These tables include operating statistics for Telenet's owned and leased networks. While we take appropriate steps to ensure that subscriber statistics are presented on a consistent and accurate basis at any given balance sheet date, the variability from country to country in (i) the nature and pricing of products and services, (ii) the distribution platform, (iii) billing systems, (iv) bad debt collection experience and (v) other factors add complexity to the subscriber counting process. We periodically review our subscriber counting policies and underlying systems to improve the accuracy and consistency of the data reported on a prospective basis. Accordingly, we may from time to time make appropriate adjustments to our subscriber statistics based on those reviews. Subscriber information for acquired entities, including CWC, is preliminary and subject to adjustment until we have completed our review of such information and determined that it is presented in accordance with our policies.


News Article | February 22, 2017
Site: www.businesswire.com

LONDON--(BUSINESS WIRE)--Tech City UK is delighted to announce the 26 new companies that are joining its Future Fifty programme, which showcases and supports 50 of the country’s leading growth stage companies. Future Fifty companies have enjoyed phenomenal success since the programme began, demonstrating that the Tech City UK initiative is a real proving ground for the UK’s most talented entrepreneurs and their teams. Future Fifty gives the 26 fast-growing companies immediate access to a valuable peer network; expert-led classes and workshops designed to take their businesses to the next level; and a higher profile amongst the wider tech ecosystem. Future Fifty companies represent some of the country’s most exciting growth stage tech businesses, while changing the sectors that they operate in fundamentally. Of the 77 companies that have been through the programme since 2014, Future Fifty’s track record now includes: Other well known companies that have graduated from the Future Fifty programme include: The 26 companies that join the programme now could soon become household names and active in global markets. Four of the latest intake are graduates of our Upscale programme, which is an intensive six-month coaching initiative for early stage companies. All 26 companies have been identified by a highly experienced and respected judging panel made up of some of the most successful entrepreneurs and investors in UK tech. They believe these companies have the potential to scale rapidly and build significant businesses. The full list of Future Fifty companies is (1 - 26 are new companies, 27 - 50 existing companies): 1. Azimo (www.azimo.com) is an online international money transfer service that allows people to send money to any internet-connected device in over 190 countries around the world 2. Blis (www.blis.com) uses location data technology to create audiences for advertisers 3. Bloom & Wild (www.bloomandwild.com) provides flower delivery through the letterbox 4. Carwow (www.carwow.co.uk) is the most convenient, stress free way to find and buy a new car. 5. ClearScore (www.clearscore.com) is a company that provides free access to credit scores and reports 6. Condeco Group (www.condecosoftware.com) helps companies manage their meeting and office spaces more effectively 7. Ebury (www.ebury.com) is a financial services company that helps small and medium enterprises grow internationally with foreign exchange, business lending and cash management solutions 8. Epos Now (www.eposnow.com) is a point-of-sale software and hardware provider that automates small business banking 9. Fairsail (www.fairsail.com) provides cloud-based human resources and people management software to mid-sized organizations 10. Festicket (www.festicket.com) is an online marketplace to discover and book musical festival experiences 11. Gousto (www.gousto.co.uk) provides innovative recipe boxes with pre-portioned ingredients packaged and delivered to the door each week 12. Interact (www.interact-intranet.com) provides intranet software and professional services to help companies solve internal communication and collaboration challenges 13. Kano (www.kano.me) creates computers and coding kits for all ages 14. LoveCrafts (www.lovecrafts.com) is an online community and marketplace for the crafts sector 15. My UNiDAYS (www.myunidays.com) connects brands and services to a verified audience of students around the world 16. Onfido (www.onfido.com) is an identity verification platform that helps over 1,000 companies ensure their customers are who they claim to be 18. ROLI (www.roli.com) is a music technology company that makes a modular music creation system that opens up new possibilities for musical expression 19. Tails.com (www.tails.com) is an online pet nutrition service that makes and delivers tailormade food for an individual dog’s unique diet and nutritional needs 20. Thread (www.thread.com) is an e-commerce company that uses human stylists and machine learning to help men dress well without going shopping 21. Threads Styling (www.threadsstyling.com) is a company reinventing luxury goods commerce for the Snapchat generation 22. Spitfire Audio (www.spitfireaudio.com) provides virtual instruments to composers and producers to produce and earn royalties on quality musical samples 23. SuperAwesome (www.superawesome.tv) powers a kid-safe digital media ecosystem with products that are designed for kids’ data privacy requirements 24. Swoon Editions (www.swooneditions.com) is an online furniture brand that works directly with suppliers to provide better quality products at a better price than traditional retailers 25. Trak Global Group (www.trakglobal.co.uk) is a telematics company that uses embedded devices to gather data and manage driver risk 26. Ve Interactive (www.veinteractive.com) provides software that helps companies with digital advertising and online conversion 27. Adzuna (www.adzuna.com) is a search engine for jobs ads that lists every job, everywhere 28. Algomi (www.algomi.com) enables all market participants to securely and intelligently harness data to make valuable financial trading connections 31. Busuu (www.busuu.com) is the world’s largest social network for language learning 33. Deliveroo (www.deliveroo.com) was founded in 2013 to provide the ultimate food delivery experience 34. FundApps (www.fundapps.co) provides cloud-based regulatory compliance monitoring SaaS to financial institutions 35. GoCardless (www.gocardeless.com) is the easy way to collect Direct Debit payments 37. Just Giving (www.justgiving.com) is the Number 1 platform for online giving in the world 38. LMAX (www.lmax.com) was established to deliver the benefits of exchange quality execution to both buy-side and sell-side trading institutions 39. Lost My Name (www.lostmyname.com) is an award-winning independent technology and publishing business 40. MWR InfoSecurity (www.mwrinfosecurity.com) is an independent cyber security consultancy with research at the heart of what they do 42. Performance Horizon (www.performancehorizon.com) is the leading provider of SaaS solutions for digital partner marketing 43. Qubit (www.qubit.com) empowers businesses to customise and optimise websites in real-time using qualitative and quantitative visitor data 44. RateSetter (www.ratesetter.com) is one of the largest P2P lending platforms in the UK 45. scoota (www.scoota.com) is an online advertising technology company that enables advertisers to create, activate, measure and optimise brand campaigns to scale 47. The Floow (www.thefloow.com) designs the world’s most insightful, feature-rich and cost effective telematic system to make vehicles safer and cheaper for all 49. WorldRemit (www.worldremit.com) lets people send money to friends and family living abroad, using a computer, smartphone or tablet For more information go to www.futurefifty.com


News Article | February 16, 2017
Site: www.marketwired.com

Jamaica Mobile Subscriber Base Over 900,000; Up 56,000 in Quarter MIAMI, FL--(Marketwired - Feb 16, 2017) - Cable & Wireless Communications Limited ("CWC") is the leading telecommunications operator in substantially all of its consumer markets, which are predominantly located in the Caribbean and Latin America, providing entertainment, information and communication services to 3.5 million mobile, 0.4 million television, 0.6 million internet and 0.8 million fixed-line telephony subscribers. In addition, CWC delivers B2B services and provides wholesale services over its sub-sea and terrestrial networks that connect over 30 markets across the region. Liberty Global's Acquisition of CWC On May 16, 2016, a subsidiary of Liberty Global plc ("Liberty Global") acquired CWC (the "Liberty Global Transaction"). Revenue, Adjusted Segment EBITDA1 and subscriber statistics have been presented herein using Liberty Global's definitions for all periods presented unless otherwise noted. Further adjustments to these metrics are possible as the integration process continues. The results for the three and nine months ended December 31, 2016 ("QTD" and "YTD", respectively) have also been aligned to Liberty Global's IASB-IFRS2 accounting policies and estimates. Significant policy adjustments have been considered in our calculation of rebased growth rates for revenue and Adjusted Segment EBITDA. For additional information on Liberty Global's definition of Adjusted Segment EBITDA and rebased growth rates, see footnotes 1 and 3, respectively. A reconciliation of net earnings (loss) to Adjusted Segment EBITDA is included in the Financial Results, Adjusted Segment EBITDA Reconciliation & Property, Equipment and Intangible Asset Additions section below. In addition, effective for the 2016 fiscal year, CWC has changed its fiscal year end from March 31 to December 31 to conform with Liberty Global. * The financial figures contained in this release are prepared in accordance with IASB-IFRS. CWC's financial condition and results of operations will be included in Liberty Global's consolidated financial statements under U.S. GAAP4. There are significant differences between the U.S. GAAP and IASB-IFRS presentations of our consolidated financial statements. 1 - Adjusted Segment EBITDA is the primary measure used by our management to evaluate the company's performance. Adjusted Segment EBITDA is also a key factor that is used by our internal decision makers to evaluate the effectiveness of our management for purposes of annual and other incentive compensation plans. We define EBITDA as earnings before net finance expense, income taxes and depreciation and amortization. As we use the term, Adjusted Segment EBITDA is defined as EBITDA before share-based compensation, provisions and provision releases related to significant litigation, impairment, restructuring and other operating items and related-party fees and allocations. Other operating items include (i) gains and losses on the disposition of long-lived assets, (ii) third-party costs directly associated with successful and unsuccessful acquisitions and dispositions, including legal, advisory and due diligence fees, as applicable, and (iii) other acquisition-related items, such as gains and losses on the settlement of contingent consideration. Our internal decision makers believe Adjusted Segment EBITDA is a meaningful measure because it represents a transparent view of our recurring operating performance that is unaffected by our capital structure and allows management to readily view operating trends and identify strategies to improve operating performance. We believe our Adjusted Segment EBITDA measure is useful to investors because it is one of the bases for comparing our performance with the performance of other companies in the same or similar industries, although our measure may not be directly comparable to similar measures used by other companies. Adjusted Segment EBITDA should be viewed as a measure of operating performance that is a supplement to, and not a substitute for EBIT, net earnings (loss), cash flow from operating activities and other EU-IFRS or IASB-IFRS measures of income or cash flows. A reconciliation of Adjusted Segment EBITDA to net loss is presented in the Unitymedia section of this release. 2 - International Financial Reporting Standards, as promulgated by the International Accounting Standards Board (IASB), are referred to as IASB-IFRS. 3 - For purposes of calculating rebased growth rates on a comparable basis for the CWC borrowing group, we have adjusted the historical revenue and Adjusted Segment EBITDA for the three months ended June 30, 2015, September 30, 2015 and December 31, 2015 and the nine months ended December 31, 2015 to reflect the impacts in the three months ended June 30, 2016, September 30, 2016 and December 31, 2016 and the nine months ended December 31, 2016 of the alignment to Liberty Global's accounting policies and to reflect the translation of our rebased amounts for the three months ended June 30, 2015, September 30, 2015 and December 31, 2015 and the nine months ended December 31, 2015 at the applicable average foreign currency exchange rates that were used to translate CWC's results for the three and nine months ended December 31, 2016. The most significant adjustments to conform to Liberty Global's policies relate to the capitalization of certain installation activities that previously were expensed, the reflection of certain lease arrangements as capital leases that previously were accounted for as operating leases and the reflection of certain time-based licenses as operating expenses that previously were capitalized. We have not adjusted the three and nine months ended December 31, 2015 to eliminate nonrecurring items or to give retroactive effect to any changes in estimates that have been implemented in the three and nine months ended December 31, 2016. The adjustments reflected in our rebased amounts have not been prepared with a view towards complying with Article 11 of Regulation S-X. In addition, the rebased growth rates are not necessarily indicative of the rebased revenue and Adjusted Segment EBITDA that would have occurred if the acquisition of CWC had occurred on the date assumed for purposes of calculating our rebased amounts or the revenue and Adjusted Segment EBITDA that will occur in the future. The rebased growth percentages have been presented as a basis for assessing growth rates on a comparable basis, and are not presented as a measure of our pro forma financial performance. 4 - Accounting principles generally accepted in the United States are referred to as U.S. GAAP. About C&W Communications C&W is a full service communications and entertainment provider and delivers market-leading video, broadband, telephony and mobile services to consumers in 18 countries. Through its business division, C&W provides data center hosting, domestic and international managed network services, and customized IT service solutions, utilizing cloud technology to serve business and government customers. C&W also operates a state-of-the-art submarine fiber network -- the most extensive in the region. Learn more at www.cwc.com, or follow C&W on LinkedIn, Facebook or Twitter. About Liberty Global Liberty Global is the world's largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. Liberty Global invests in the infrastructure that empowers its customers to make the most of the digital revolution. Liberty Global's scale and commitment to innovation enables it to develop market-leading products delivered through next-generation networks that connect its 29 million customers who subscribe to 60 million television, broadband internet and telephony services. Liberty Global also serves over 10 million mobile subscribers and offers WiFi service across seven million access points. Liberty Global's businesses are comprised of two stocks: the Liberty Global Group ( : LBTYA) ( : LBTYB) and ( : LBTYK) for its European operations, and the LiLAC Group ( : LILA) and ( : LILAK) ( : LILAB), which consists of its operations in Latin America and the Caribbean. The Liberty Global Group operates in 12 European countries under the consumer brands Virgin Media, Ziggo, Unitymedia, Telenet and UPC. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Mas Movil and BTC. In addition, the LiLAC Group operates a subsea fiber network throughout the region in over 30 markets. For more information, please visit www.libertyglobal.com.


News Article | February 23, 2017
Site: globenewswire.com

Ole Olsen (s. 1962, Norjan kansalainen) siirtyi Dovre Groupiin toukokuussa 2015 NPC Group AS:n ja Dovre Groupin yhdistyttyä. Hän toimii konsernin Aasian ja Tyynenmeren toimintojen johtajana ja johtoryhmän jäsenenä. Olsenilla on laaja-alaista kokemusta öljy- ja kaasualan projektihenkilöstötoiminnasta sekä Norjassa että kansainvälisesti, erityisesti Kaakkois-Aasiassa. Hän on ollut Norjassa ja Singaporessa toimineen Norwegian Petroleum Consultants AS:n perustajajäsen. Olsen on koulutukseltaan konetekniikan kandidaatti (B. Sc. Mechanical Engineering) ja hänellä on liiketoimintajohtamisen maisteritutkinto (MBA). Yhtiö hankki 28.5.2015 norjalaisen Norwegian Petroleum Consulting Group AS -nimisen yhtiön (”NPC”) koko osakekannan Frank Weenin omistamalta Commuter AS:lta ja Ole Olsenin omistamalta Visual Engineering AS:lta (tuolloin Global Group AS) antamalla vastikkeena 36 453 018 kappaletta Dovre Group Oyj:n uusia osakkeita (tuolloin noin 36,5 prosenttia yhtiön kaikista osakkeista yritysjärjestelyn toteuttamisen jälkeen). Kaupan yhteydessä annettuja vastikeosakkeita koskee luovutusrajoitus, joka on voimassa 28.5.2018 saakka. Oikeus osallistua yhtiökokoukseen on osakkeenomistajalla, joka on 20.3.2017 rekisteröity Euroclear Finland Oy:n pitämään yhtiön osakasluetteloon. Osakkeenomistaja, jonka osakkeet on merkitty hänen henkilökohtaiselle suomalaiselle arvo-osuustililleen, on rekisteröity yhtiön osakasluetteloon. Osakkeenomistaja saa osallistua yhtiökokoukseen ja käyttää siellä oikeuksiaan asiamiehen välityksellä. Osakkeenomistajan asiamiehen on esitettävä päivätty valtakirja tai hänen on muuten luotettavalla tavalla osoitettava olevansa oikeutettu edustamaan osakkeenomistajaa. Mikäli osakkeenomistaja osallistuu yhtiökokoukseen usean asiamiehen välityksellä, jotka edustavat osakkeenomistajaa eri arvopaperitileillä olevilla osakkeilla, on ilmoittautumisen yhteydessä ilmoitettava osakkeet joiden perusteella kukin asiamies edustaa osakkeenomistajaa.


News Article | February 23, 2017
Site: globenewswire.com

NOTICE OF THE ANNUAL GENERAL MEETING OF DOVRE GROUP PLC Notice is given to the shareholders of Dovre Group Plc of the Annual General Meeting (‘AGM’) to be held on Thursday, March 30, 2017, at 3.00 p.m. at Suomalainen Klubi, Kansakoulukuja 3, Helsinki. The reception of the persons who have registered for the meeting and the distribution of voting tickets will commence at 2.30 p.m. A. MATTERS ON THE AGENDA OF THE ANNUAL GENERAL MEETING At the AGM, the following matters will be considered: 3. Election of persons to confirm the minutes and to verify the counting of votes 4. Recording the legal convening of the meeting and quorum 5. Recording the attendance at the meeting and adoption of the voting list 6. Presentation of the annual accounts 2016, the report of the Board of Directors and the auditor's report - Review by the CEO 8. Resolution on the use of the profit shown on the balance sheet and resolution on the payment of dividend The parent Company’s distributable funds are EUR 24,152,536.41, including the result for the period EUR 285,085.12. The Board of Directors proposes to the AGM that a dividend of EUR 0.01 per share to be paid, corresponding to EUR 1,001,687.69. The amount takes into account the 2010C stock option series which were excerised and fully paid in February 2017. The Board of Directors further proposes that the dividend is paid to a shareholder who on the record date April 3, 2017 is registered as a shareholder in the Company's shareholder register maintained by Euroclear Finland Ltd. The dividend is paid on April 12, 2017. 9. Resolution on the discharge of the members of the Board of Directors and the CEO from liability 10. Resolution on the remuneration of the members of the Board of Directors The shareholders representing over 55% of the total shares in the Company propose to the AGM that the remuneration payable to the Board members shall be as follows: The chairman of the Board is paid EUR 35,000, the vice chairman of the Board EUR 25,000, and each other member of the Board EUR 22,000. Out of the annual compensation to be paid to the Board members, 40% of the total gross compensation will be used to purchase Dovre Group Plc’s shares on regulated market in trading through Nasdaq Helsinki Ltd, or alternatively by using the own shares held by the Company. The shares will be purchased and/or granted as soon as possible after the AGM. The remaining 60% of the annual compensation that is to be paid in cash will be paid no later than April 30, 2017. The shareholders also propose that reasonable travel expenses incurred by the Board members are compensated. The proposed remuneration of the members of the Board of Directors and the proposed method of payment remain unchanged from 2016. 11. Resolution on the number of members of the Board of Directors The shareholders representing over 55% of the total shares in the Company propose to the AGM that the number of Board members be set at four (4). 12. Election of the members of the Board of Directors The shareholders representing over 55% of the total shares in the Company propose Rainer Häggblom, Aloysius (Louis) Harrewijn and Ilari Koskelo, all current members of the Board, to be reappointed as members of the Board, and Ole Olsen to be appointed as a new member of the Board. Ole Olsen (born 1962, Norwegian citizen) joined Dovre Group in May 2015 following the Group’s merger with NPC Group AS and acts as President, Business Area Asia Pacific. Olsen has extensive experience of the project personnel business in the oil and gas industry both in Norway and abroad, in particular in South East Asia. He was a founding partner of Norwegian Petroleum Consultants AS in Norway and Singapore. Olsen holds a Bachelors degree in Mechanical Engineering and a Masters degree in Business Administration. Ole Olsen’s CV is available on Dovre Group’s investor pages at www.dovregroup.com -> Investors. 13. Resolution on the remuneration of the auditor The Board of Directors proposes to the AGM that the auditor’s fee shall be paid according to the approved invoice from the auditor. The Board of Directors proposes to the AGM that one auditor be elected for the Company. The Board of Directors proposes the election of Authorized Public Accountant firm Ernst & Young Oy as the Company’s auditor. Ernst & Young Oy has informed that Authorized Public Accountant Toni Halonen will be the auditor in charge. 15. Amendment of the Articles of Association The Board of Directors proposes that Article 9 of the Articles of Association of the Company would be amended so that it corresponds to the changed terminology of the Auditing Act. After the amendment, Article 9 of the Articles of Association reads as follows: The company has one Auditor who shall be an audit firm. The auditor’s term ends at the end of the first Annual General Meeting following the election. 16.  Lifting of lock-up of shares in Dovre Group Plc given as consideration to Commuter AS in connection with the merger with Norwegian Petroleum Consulting Group AS On May 28, 2015 the Company purchased 100% of the shares in Norwegian Petroleum Consulting Group AS (“NPC”) from Commuter AS owned by Frank Ween and Visual Engineering AS (previously Global Group AS) owned by Ole Olsen by issuing 36,453,018 new shares in Dovre Group Plc (at that time approximately 36.5% of all shares in the Company after the transaction) as consideration. The consideration shares issued in connection with the transaction are subject to lock-up until May 28, 2018. On February 15, 2017 the Company notified that Frank Ween, member of the Group Executive Team and President, Business Area Americas & EMEA, has decided to step down from his operative position at Dovre Group. The change will take effect on March 1, 2017. In connection with this, the Company has agreed to take reasonable steps for the purpose of lifting the above described lock-up as soon as possible as regards the consideration shares in Dovre Group Plc given to Commuter AS in connection with the merger with NPC. As there are no sellers’ liabilities related to the transaction, and as Frank Ween has resigned from the Company’s service, the Board of Directors proposes that the AGM accepts the termination of the lock-up agreement as from March 30, 2017 as regards the consideration shares in Dovre Group Plc, 18,226,509 in total, given to Commuter AS in connection with the merger with NPC. 17.  Lifting of lock-up of shares in Dovre Group Plc given as consideration to Visual Engineering AS in connection with the merger with Norwegian Petroleum Consulting Group AS As there are no sellers’ liabilities related to the transaction mentioned under item 16, and as the Company wishes to treat the sellers of NPC equally, the Board of Directors proposes that the AGM also accepts the termination of the lock-up agreement as from March 30, 2017 as regards the consideration shares in Dovre Group Plc, 18,226,509 in total, given to Visual Engineering AS in connection with the merger with NPC. 18. Authorizing the Board of Directors to decide on the repurchase of the Company’s own shares The Board of Directors proposes that the AGM resolves on authorizing the Board of Directors to decide on the repurchase of the Company’s own shares, on the following conditions: a) By virtue of the authorization, the Board is entitled to decide on repurchase of a maximum of 9,900,000 of the Company’s own shares, corresponding to a maximum of 10.0% of the Company’s all shares. b) The Company’s own shares may be repurchased in deviation from the proportion to the holdings of the shareholders using the non-restricted equity and acquired on regulated market through trading on Nasdaq Helsinki Ltd at the share price prevailing at the time of acquisition. Shares will be acquired and paid for in accordance with the rules of Nasdaq Helsinki Ltd and Euroclear Finland Ltd. c) The shares may be repurchased in order to be used as consideration in possible acquisitions or other arrangements related to the Company’s business, to finance investments or as part of the Company’s incentive program or the be held, otherwise conveyed or cancelled by the Company. The Board of Directors shall decide on other matters related to authorization. The repurchase authorization is valid until June 30, 2018. The authorization revokes previous authorizations to acquire the Company’s own shares. 19. Authorizing the Board of Directors to decide on the issuance of shares as well as the issuance of other special rights entitling to shares The Board of Directors proposes that the AGM would resolve on authorizing the Board of Directors to decide on By virtue of the authorization, the Board may also decide on a directed issue of shares and special rights, i.e. waiving the pre-emptive subscription rights of the shareholders, under the requirements of the law. By virtue of the authorization, a maximum of 9,900,000 shares may be issued, corresponding to a maximum of 10.0% of the Company’s existing shares. The Board may use the authorization in one or more instalments. The Board may use the authorization to finance or conclude acquisitions or other arrangements, to strengthen the Company’s capital structure, to incentive programs or other purposes decided by the Board. The new shares may be issued or the Company’s own shares conveyed either against payment or free of charge. The new shares may also be issued as an issue without payment to the Company itself. The Board is authorized to decide on other terms of the issuance of shares and special rights. By virtue of the authorization, the Board of Directors may decide on the realization of the Company’s own shares possibly held by the Company as pledge. The authorization is valid until June 30, 2018. The authorization revokes earlier authorizations to issue shares and grant option rights and other special rights entitling to shares. The above proposals of the Board of Directors relating to the agenda of the AGM as well as this notice are available on the Company’s website at www.dovregroup.com. The Company’s annual report, which includes the Company’s financial statements, the report of the Board of Directors, the auditor’s report and the Corporate Government Statement, is available on the above mentioned website during week 10. The proposals of the Board of Directors and the financial statements are also available at the AGM. Copies of these documents and of this notice will be sent to shareholders upon request. C. INSTRUCTIONS FOR THE PARTICIPANTS IN THE ANNUAL GENERAL MEETING 1. The right to participate and registration Each shareholder, who is registered on March 20, 2017, in the shareholder register of the Company held by Euroclear Finland Ltd, has the right to participate in the AGM. A shareholder, whose shares are registered on his/her personal Finnish book-entry account, is registered in the shareholder register of the Company. A shareholder, who is registered in the shareholder register of the Company and who wants to participate in the AGM, shall register for the meeting no later than March 27, 2017, 10 a.m. by giving a prior notice of participation, which shall be received by the Company no later than on the above mentioned date and time. Such notice can be given: a) on Dovre Group Plc’s website at www.dovregroup.com b) by email to marja.saukkonen@dovregroup.com c) by telephone to Dovre Group Plc/Marja Saukkonen, tel. +358 20 436 2000 d) by regular mail to Dovre Group Plc/Marja Saukkonen, Maapallonkuja 1 B, 02210 Espoo, Finland. In connection with the registration, a shareholder shall notify his/her name, personal identification number, address, telephone number, and the name of a possible assistant or proxy representative and the personal identification number of a proxy representative. The personal data given to Dovre Group Plc is used only in connection with the AGM and with the processing of related necessary registrations. A holder of nominee registered shares has the right to participate in the AGM by virtue of such shares, based on which he/she would be entitled to be registered in the shareholder register of the Company held by Euroclear Finland Ltd on the record date of the AGM on March 20, 2017. The right to participate in the AGM requires, in addition, that the shareholder has, on the basis of such shares, been registered into the temporary shareholder register held by Euroclear Finland Ltd. at the latest by March 20, 2017, by 10 a.m. In regards to nominee registered shares this constitutes due registration for the AGM. A holder of nominee registered shares is advised to request without delay necessary instructions regarding the registration in the temporary shareholder register of the Company, the issuing of proxy documents and registration for the AGM from his/her custodian bank. The account management organization of the custodian bank has to register a holder of nominee registered shares, who wants to participate in the AGM, into the temporary shareholder register of the Company at the latest by the time stated above. A shareholder may participate in the AGM and exercise his/her rights at the meeting by way of proxy representation. A proxy representative shall produce a duly dated proxy document or otherwise in a reliable manner demonstrate his/her right to represent the shareholder at the AGM. When a shareholder participates in the AGM by means of several proxy representatives representing the shareholder with shares at different securities accounts, the shares by which each proxy representative represents the shareholder shall be identified in connection with the registration for the AGM. Any proxy documents should be delivered in original to Dovre Group Plc/Marja Saukkonen, Maapallonkuja 1 B, 02210 Espoo, Finland, by the last date of registration. Pursuant to chapter 5, section 25 of the Companies Act, a shareholder who is present at the AGM has the right to request information with respect to the matters to be considered at the meeting. Shareholders have the opportunity to meet the CEO and the members of the Board of Directors in an informal meeting directly following the AGM. On the date of this notice to the AGM, February 23, 2017, the total number of shares and votes in Dovre Group Plc is 99,868,769. For further information please contact Mr Patrick von Essen, CEO, or Ms Heidi Karlsson, CFO, tel. +358 20 436 2000.

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