Company: LBTYK
Filing Date: 2025-01-29
Form Type: SCHEDULE 13D/A
Source: 0000947871-25-000083
Chunk: 1

Company: Liberty Global Ltd.
Filing Date: 2025-01-29
Form: SCHEDULE 13D/A
Chunk 1
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 collectively, on its slate of director nominees for election to the Starz Board at each future annual meeting of Starz's shareholders, selected by (a) Liberty Global, if Liberty Global and its controlled affiliates exceed such 5,000,000 share threshold, but Discovery and its controlled affiliates did not, (b) Discovery, if Discovery and its controlled affiliates exceed such 5,000,000 share threshold, but Liberty Global and its controlled affiliates did not, and (c) Liberty Global and Discovery, jointly, if neither Liberty Global nor Discovery (together with their respective controlled affiliates) exceeds such 5,000,000 share threshold. Mr. Fries will be the initial designee of Liberty Global.                                                                                                                                                      
 The Starz Investor Rights Agreement further provides that (1) for so long as funds affiliated with MHR beneficially own at least 10,000,000 Starz Common Shares in the aggregate, Starz will include three designees of MHR (at least one of whom will be an independent director and will be subject to approval of the Starz Board) on its slate of director nominees for election to the Starz Board at each future annual meeting of Starz's shareholders, (2) for so long as funds affiliated with MHR beneficially own at least 7,500,000 Starz Common Shares, but less than 10,000,000 Starz Common Shares, in the aggregate, Starz will include two designees of MHR on its slate of director nominees for election to the Starz Board at each future annual meeting of Starz's shareholders, and (3) for so long as funds affiliated with MHR beneficially own at least 5,000,000 Starz Common Shares, but less than 7,500,000 Starz Common Shares, in the aggregate, Starz will include one designee of MHR on its slate of director nominees for election to the Starz Board at each future annual meeting of Starz's shareholders.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 Liberty Global and Discovery will agree that if they or any of their respective controlled affiliates sell or transfer any of their Starz Common Shares to a shareholder or group of shareholders that beneficially own 5% or more of the Starz Common Shares, or that would result in a person or group of persons beneficially owning 5% or more of the Starz Common Shares, any such transferee will be required to agree to the transfer and voting provisions set forth in the Starz Investor Rights Agreement, subject