Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED) today announced the
repurchase of 2,538,546 shares of common stock on 18 November 2011 as a
part of the US $300 million capped accelerated stock repurchase
programme previously announced on 11 November 2011. The repurchased
shares will be cancelled. As of 18 November 2011, after giving effect to
the cancellation of these shares, the number of shares of common stock
issued and outstanding would be 288,787,479. The purchase price per
share of common stock will be determined with respect to all the shares
delivered by Goldman Sachs & Co. prior to 22 February 2012 as set out in
further detail in our Current Report on Form 8-K as filed with the U.S.
Securities and Exchange Commission (SEC) on 14 November 2011. The
Current Report on Form 8-K, as filed with the U.S. Securities and
Exchange Commission (SEC) on 14 November 2011, may be viewed on the SEC
website at www.sec.gov
and on the Virgin Media website at www.virginmedia.com/investors.
