 Liberty Global Nasdaq: LBTYA, LBTYB and LBTYK announced today that, pursuant to the terms of a transaction agreement between Liberty Global and Sunrise Communications Group AG SIX Swiss Exchange: SRCG, Liberty Global has agreed to make an all cash public tender offer for all publicly held shares of Sunrise at a price of CHF110 per share. The offer represents a 32 premium to the 60-day volume weighted average price VWAP per share of CHF83.17 during the period up to and including August 11, 2020 and values 100 of Sunrises equity at CHF5.0 billion1, representing a total enterprise value of CHF6.8 billion2. 