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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13D/A 0001047469-04-020921 0000937797 XXXXXXXX LIVE 12 Class A Common Shares 05/02/2025 false 0001570585 G61188101 Liberty Global Ltd. 1550 Wewatta Street, Suite 1000 Denver CO 80202 Steven Miller 303-324-3828 c/o Liberty Media Corporation 12300 Liberty Boulevard Englewood CO 80112 0000937797 N John C. Malone b OO N X1 4531893.00 0.00 4531893.00 0.00 4531893.00 N 2.6 IN Note to Row 7: John C. Malone ("Mr. Malone") together with Michael T. Fries ("Mr. Fries") may be deemed to constitute a "group" within the meaning of Section 13(d) of the Act on account of the previously filed Letter Agreement, dated as of February 13, 2014, among Mr. Fries, Mr. Malone and the Malone LG 2014 Charitable Remainder Unitrust (the "Malone Voting Agreement"). Mr. Malone expressly disclaims membership in such a group. Note to Rows 7, 9, and 11: Includes 174,821 shares of Liberty Global Ltd. (the "Issuer") Class A common shares, par value $0.01 per share (the "Class A Shares"), held in a revocable trust (the "LM Revocable Trust") with respect to which Mr. Malone and Mr. Malone's wife, Mrs. Leslie Malone ("Mrs. Malone"), are trustees. Mrs. Malone has the right to revoke such trust at any time. Mr. Malone disclaims beneficial ownership of the shares held by the LM Revocable Trust. Note to Rows 7, 9, and 11: Includes 108,657 Liberty Global Class A common shares that are subject to options, which were exercisable as of, or will be exercisable within 60 days of, May 2, 2025. Note to Rows 7, 9, and 11: Does not include shares of Class A Shares issuable upon conversion of shares of the Issuer's Class B common shares, par value $0.01 per share (the "Class B Shares"), beneficially owned by Mr. Malone; however, if such shares of Class A Shares were included, Mr. Malone would have beneficial ownership of 7.64% shares of Class A Shares, subject to the relevant footnotes set forth herein. Note to Row 13: Calculated based upon the 173,796,559 shares of Class A Shares outstanding as of April 24, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 2, 2025. At the option of the holder, each Class B Share is convertible into one Class A Share. Each Class B Share is entitled to 10 votes, whereas each Class A Share is entitled to one vote. Accordingly, Mr. Malone may be deemed to beneficially own voting equity securities of the Issuer representing approximately 30.4% of the voting power with respect to a general election of directors of the Issuer, calculated based on 173,796,559 Class A Shares and 12,968,658 Class B Shares outstanding as of April 24, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 2, 2025. See Item 5. This Amendment No. 12 to the Schedule 13D relates to two series of Issuers common shares, the Class A Shares and the Class B Shares. Due to technical limitations of only being able to enter nine alpha numeric characters on the facing sheet of this Amendment No. 12, we are filing two versions of this Amendment No. 12 that amend the same Schedule 13D. The first relates to the Class A Shares (CUSIP: G61188 101). The second relates to the Class B Shares (CUSIP: G61188 119). Class A Common Shares Liberty Global Ltd. 1550 Wewatta Street, Suite 1000 Denver CO 80202 This Amendment No. 12 (this "Amendment") to Schedule 13D amends the Schedule 13D filed by John C. Malone ("Mr. Malone") with the Securities and Exchange Commission (the "SEC") on June 17, 2004 (the "Original Statement"), as amended by Amendment No. 1 thereto filed with the SEC on July 14, 2004 ("Amendment No. 1"), Amendment No. 2 thereto filed with the SEC on January 18, 2005 ("Amendment No. 2"), Amendment No. 3 thereto filed with the SEC on June 27, 2005 ("Amendment No. 3"), Amendment No. 4 thereto filed with the SEC on September 3, 2009 ("Amendment No. 4"), Amendment No. 5 thereto filed with the SEC on February 22, 2013 ("Amendment No. 5"), Amendment No. 6 thereto filed with the SEC on June 28, 2013 ("Amendment No. 6"), Amendment No. 7 thereto filed with the SEC on February 18, 2014 ("Amendment No. 7"), Amendment No. 8 thereto filed with the SEC on November 16, 2015 ("Amendment No. 8"), Amendment No. 9 thereto filed with the SEC on May 25, 2016 ("Amendment No. 9"), Amendment No. 10 thereto filed with the SEC on July 5, 2017 ("Amendment No. 10") and Amendment No. 11 thereto filed with the SEC on January 8, 2018 ("Amendment No. 11")and relates to (i) the Liberty Global Class A common shares, nominal value $0.01 per share (the "Class A Shares"), of Liberty Global Ltd., a Bermuda exempted company limited by shares (the "Issuer"), and (ii) the Liberty Global Class B common shares, nominal value $0.01 per share, of the Issuer (the "Class B Shares" and, together with Liberty Global Class C common shares, nominal value $0.01 per share, the "Common Shares"). The Original Statement, Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10 and Amendment No. 11 are collectively referred to as the "Statement.". Capitalized terms used but not defined in this Amendment have the meanings given to such terms in the Statement. Except as set forth herein, the Statement is unmodified. John C. Malone c/o Liberty Media International, Inc., 12300 Liberty Boulevard, Englewood, Colorado 80112 Mr. Malone is the Chairman of the board of directors of the Issuer During the last five years, Mr. Malone has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, Mr. Malone has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Mr. Malone is a citizen of the United States of America. Not applicable. Mr. Malone beneficially owns (without giving effect to the conversion of Class B Shares into Class A Shares) (i) 4,531,893 Class A shares, including (A) 174,821 shares held by a revocable trust (the "LM Revocable Trust") with respect to which Mr. Malone and his wife are trustees and as to which shares Mr. Malone disclaims beneficial ownership, which represent approximately 2.6% of the outstanding Class A Shares, and (ii) 8,787,373 Class B Shares, including (A) 110,148 shares held by two trusts (the "Trusts") managed by an independent trustee whose beneficiaries are Mr. Malone's adult children, in which Mr. Malone has no pecuniary interest but retains the right to substitute the assets held by the Trusts and as to which Mr. Malone disclaims beneficial ownership and (B) 8,677,225 shares held by a trust with respect to which Mr. Malone is a co-trustee and, with his wife, retains a unitrust interest in the trust (the "Malone Trust")), which represent approximately 67.8% of the outstanding Class B Shares. The foregoing percentage interests are calculated based on the 173,796,559 shares of Class A Shares outstanding as of April 24, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 2, 2025. Accordingly, Mr. Malone may be deemed to beneficially own voting equity securities of the Issuer representing approximately 30.4% of the voting power with respect to a general election of directors of the Issuer. Except for the Malone Voting Agreement, Mr. Malone and, to his knowledge, the LM Revocable Trust and the Malone Trust, each have the sole power to vote and to dispose of, or to direct the voting or disposition of, their respective shares of Common Stock. The Trusts collectively hold 110,148 Class B Shares, as to which shares Mr. Malone has no pecuniary interest and disclaims beneficial ownership. To Mr. Malone's knowledge, the Trusts have the sole power to vote and to dispose of, or to direct the voting or disposition of, the shares of Common Stock held by the Trusts, except that Mr. Malone is permitted under the terms of the Trusts to substitute assets in the Trusts and thereby may acquire any shares held in the Trusts at any time and except for the right of first refusal in favor or Mr. Fries set forth in the Malone Voting Agreement. In addition, Mr. Malone, together with the Malone Trust and Mr. Fries may be deemed to constitute a "group" within the meaning of Section 13(d) of the Act on account of the Malone Voting Agreement. Mr. Malone expressly disclaims membership in such a group, and beneficial ownership of shares beneficially owned by Mr. Fries. Mr. Malone beneficially owns (without giving effect to the conversion of Class B Shares into Class A Shares) (i) 4,531,893 Class A shares, including (A) 174,821 shares held by the LM Revocable Trust, which represent approximately 2.6% of the outstanding Class A Shares, and (ii) 8,787,373 Class B Shares, including (A) 110,148 shares held by the Trusts and (B) 8,677,225 shares held by the Malone Trust, which represent approximately 67.8% of the outstanding Class B Shares. The foregoing percentage interests are calculated based on the 173,796,559 shares of Class A Shares outstanding as of April 24, 2025, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, filed with the Securities and Exchange Commission on May 2, 2025. Accordingly, Mr. Malone may be deemed to beneficially own voting equity securities of the Issuer representing approximately 30.4% of the voting power with respect to a general election of directors of the Issuer. Except for the Malone Voting Agreement, Mr. Malone and, to his knowledge, the LM Revocable Trust and the Malone Trust, each have the sole power to vote and to dispose of, or to direct the voting or disposition of, their respective shares of Common Stock. The Trusts collectively hold 110,148 Class B Shares, as to which shares Mr. Malone has no pecuniary interest and disclaims beneficial ownership. To Mr. Malone's knowledge, the Trusts have the sole power to vote and to dispose of, or to direct the voting or disposition of, the shares of Common Stock held by the Trusts, except that Mr. Malone is permitted under the terms of the Trusts to substitute assets in the Trusts and thereby may acquire any shares held in the Trusts at any time and except for the right of first refusal in favor or Mr. Fries set forth in the Malone Voting Agreement. In addition, Mr. Malone together with the Malone Trust and Mr. Fries may be deemed to constitute a "group" within the meaning of Section 13(d) of the Act on account of the Malone Voting Agreement. Mr. Malone expressly disclaims membership in such a group, and beneficial ownership of shares beneficially owned by Mr. Fries. No acquisition or disposition by Mr. Malone has occurred in the past 60 days. Mr. Malone is filing this Amendment to report a change in his beneficial ownership percentage resulting from a stock buyback conducted by the Issuer pursuant to its share repurchase program. Not applicable. Not applicable. John C. Malone /s/ John C. Malone John C. Malone 05/13/2025