Company: LBTYK
Filing Date: 2025-05-13
Form Type: SCHEDULE 13D/A
Source: 0001104659-25-047823
Chunk: 2

Company: Liberty Global Ltd.
Filing Date: 2025-05-13
Form: SCHEDULE 13D/A
Chunk 2
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 held by a revocable trust (the "LM Revocable Trust") with respect to which Mr. Malone and his wife are trustees and as to which shares Mr. Malone disclaims beneficial ownership, which represent approximately 2.6% of the outstanding Class A Shares, and (ii) 8,787,373 Class B Shares, including (A) 110,148 shares held by two trusts (the "Trusts") managed by an independent trustee whose beneficiaries are Mr. Malone's adult children, in which Mr. Malone has no pecuniary interest but retains the right to substitute the assets held by the Trusts and as to which Mr. Malone disclaims beneficial ownership and (B) 8,677,225 shares held by a trust with respect to which Mr. Malone is a co-trustee and, with his wife, retains a unitrust interest in the trust (the "Malone Trust")), which represent approximately 67.8% of the outstanding Class B Shares. 
 The foregoing percentage interests are calculated based on the 173,796,559 shares of Class A Shares outstanding as of April 24, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 2, 2025. Accordingly, Mr. Malone may be deemed to beneficially own voting equity securities of the Issuer representing approximately 30.4% of the voting power with respect to a general election of directors of the Issuer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
 Except for the Malone Voting Agreement, Mr. Malone and, to his knowledge, the LM Revocable Trust and the Malone Trust, each have the sole power to vote and to dispose of, or to direct the voting or disposition of, their respective shares of Common Stock. The Trusts collectively hold 110,148 Class B Shares, as to which shares Mr. Malone has no pecuniary interest and disclaims beneficial ownership. To Mr. Malone's knowledge, the Trusts have the sole power to vote and to dispose of, or to direct the voting or disposition of, the shares of Common Stock held by the Trusts, except that Mr. Malone is permitted under the terms of the Trusts to substitute assets in the Trusts and thereby may acquire any shares held in the Trusts at any time and except for the right of first refusal in favor or Mr. Fries set forth in the Malone Voting Agreement