Key Points & Dates for Investors
- Record Date: June 1, 2026 at 5:00 p.m. New York City time
Investors holding common shares (LILA, LILAK, or LILAB) at this time will be eligible for the special dividend, provided they retain their shares through the distribution date. - Due Bill Trading Procedures:
Even investors who acquire common shares after the record date and hold them through the distribution date will receive the Preference Shares. This mechanism ensures the entitlement to the dividend is preserved for buyers post-record date. - “When-Issued” Market for Preference Shares Opens: June 1, 2026
The Preference Shares will begin trading on the Nasdaq Global Select Market under the symbol LILPV. Investors can buy or sell these shares before official distribution, with settlement occurring on June 17, 2026. - Ex-Distribution “When-Issued” Markets for Common Shares Open: June 1, 2026
LILA and LILAK common shares will be traded in these markets under the symbols LILAV and LILAKV, respectively. Shares traded here will not carry the entitlement to the Preference Shares dividend. - Distribution Date & Closing of “When-Issued” Markets: June 16, 2026 at 5:00 p.m. New York City time
This is the official date when Preference Shares are distributed to eligible shareholders and when the “when-issued” markets for both Preference Shares and ex-distribution common shares will close. - Ex-Dividend Date & Regular Trading Commences: June 17, 2026
This date marks the start of regular trading for Preference Shares and the settlement of “when-issued” trades. It also marks the ex-dividend date for the special dividend.
Important Information for Shareholders
- Special Dividend Entitlement: The issuance of Preference Shares as a special dividend is a significant event that could impact Liberty Latin America’s share price and valuation. Shareholders must be aware of the record, distribution, and ex-dividend dates to ensure they receive the dividend.
- Trading Implications: The availability of “when-issued” trading for both Preference Shares and common shares (with or without dividend entitlement) provides flexibility for investors to adjust their positions ahead of the official distribution and could lead to increased trading volume and volatility.
- Potential Price Sensitivity: The creation and distribution of a new series of Preference Shares with a 9.0% fixed rate may affect the valuation of both the Preference Shares and the existing common shares. Investors should monitor market reaction as these events approach.
- Regulatory and Market Risks: Forward-looking statements in the announcement reference risks such as regulatory changes, satisfaction of distribution conditions, access to capital, and general market conditions. These factors may influence whether the distribution proceeds as planned and could affect share prices.
About Liberty Latin America
Liberty Latin America operates in over 20 countries across Latin America and the Caribbean under prominent brands such as BTC, Flow, Liberty, and Más Móvil. The company offers a wide range of communications and entertainment services, including digital video, broadband internet, telephony, and mobile services, as well as enterprise-grade connectivity, data center, hosting, managed solutions, and IT services. Liberty Latin America also owns and operates a subsea and terrestrial fiber optic cable network connecting more than 30 markets in the region.
The company’s three classes of common shares trade as follows:
- Class A: LILA (NASDAQ Global Select Market)
- Class C: LILAK (NASDAQ Global Select Market)
- Class B: LILAB (OTC Link)
For further information, investors are encouraged to visit www.lla.com.
Disclaimer
The information provided in this article is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. No sale of securities referred to herein will occur in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. Investors should review the company’s filings with the SEC and consult their financial advisors regarding any investment decisions.
