EMPLOYEE BENEFITS SECURITY ADMINISTRATION ISSUES NOTICE: EXEMPTION FOR CERTAIN PROHIBITED TRANSACTIONS INVOLVING LIBERTY PUERTO RICO 401(K) SAVINGS PLAN (THE PLAN OR THE APPLICANT) LOCATED IN SAN JUAN, PUERTO RICO

WASHINGTON, Aug. 21 -- Employee Benefits Security Administration has issued a notice called: Exemption for Certain Prohibited Transactions Involving Liberty Puerto Rico 401(k) Savings Plan (the Plan or the Applicant) Located in San Juan, Puerto Rico.

The notice was published in the Federal Register on Aug. 21 by Christopher Motta, Acting Director, Office of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor.

Summary: This exemption permits the Plan's prior acquisition, holding, and sale of certain stock rights (the Rights) to purchase shares of stock in Liberty Latin America Ltd. (LLA). Absent an exemption, these transactions would be prohibited by the Employee Retirement Income Security Act of 1...