On the distribution date, the LiLAC ordinary shares will be redesignated as “deferred shares” (with virtually no economic rights) and transferred for no consideration to a third-party designee. In addition, the LiLAC ordinary shares will stop trading after market close on December 29, 2017 and will be delisted. Immediately following the split-off, former holders of LiLAC ordinary shares will retain only the Liberty Latin America Ltd. common shares distributed in the split-off, and they no longer will own any LiLAC ordinary shares or any other interest in Liberty Global plc following the split-off, unless they held Liberty Global ordinary shares.