Liberty Latin America Announces Key Dates Regarding Special Dividend of Series A Preference Shares to Common Shareholders
01 Jun 2026 inLiberty Latin America Announces Key Dates Regarding Special Dividend of Series A Preference Shares to Common Shareholders
Denver, Colorado - June 1, 2026: Liberty Latin America Ltd. (“Liberty Latin America”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced the following key dates regarding its special dividend of 9.0% Fixed Rate Cumulative Perpetual Redeemable Series A Preference Shares, US $0.01 par value per share (the “Preference Shares”), to common shareholders:
- Record date — June 1, 2026 at 5:00 p.m., New York City time
Investors who hold common shares of Liberty Latin America (NASDAQ: LILA and LILAK, OTC Link: LILAB) on the record date will be entitled to receive the special dividend of Preference Shares so long as they continue to hold such common shares through the distribution date (defined below) of the Preference Shares. As a result of “due bill” trading procedures, those investors acquiring common shares of Liberty Latin America after the record date who continue to hold such common shares through the distribution date of the Preference Shares will also be entitled to receive the special dividend of Preference Shares.
- “When-issued” market opens for Preference Shares — June 1, 2026
The “when-issued” market for the Preference Shares will begin on the Nasdaq Global Select Market under the symbol LILPV. Investors are able to trade Preference Shares prior to the distribution date in this market, with such trades of Preference Shares settling on June 17, 2026 as further specified below.
- Ex-distribution “when-issued” markets open for LILA and LILAK common shares — June 1, 2026
The ex-distribution “when-issued” markets for LILA and LILAK common shares will begin on the Nasdaq Global Select Market under the symbols LILAV and LILAKV, respectively. Investors are able to trade LILA and LILAK common shares in these markets without the entitlement to receive the special dividend of Preference Shares. Conversely, investors who trade LILA and LILAK common shares in the regular-way markets for LILA and LILAK common shares will be entitled to receive the special dividend of Preference Shares under the “due bill” trading procedures; provided, that they hold such common shares through the distribution date of the Preference Shares.
- Distribution date for Preference Shares and closing of “when-issued” markets — June 16, 2026 at 5:00 p.m., New York City time
The date of distribution of the Preference Shares, and the last day of “when-issued” markets for the Preference Shares and the ex-distribution “when-issued” markets for LILA and LILAK common shares.
- Ex-dividend date and commencement of regular-way trading of Preference Shares — June 17, 2026.
The ex-dividend date for the special dividend of Preference Shares and the commencement of regular-way trading for Preference Shares. This is also the date of settlement for “when-issued” trades of Preference Shares and for ex-dividend “when-issued” trades of LILA and LILAK common shares.
- Log in to post comments