29th Aug 2013 16:13
Co-Investment Plan
British Sky Broadcasting Group plc (the "Company")
On 28 August 2013, pursuant to the Company's Co-Investment Plan (the "Plan"), Jeremy Darroch, Chief Executive, and Andrew Griffith, Chief Financial Officer, each elected to invest their maximum entitlement to purchase ordinary shares ('shares') in the Company. As a result Jeremy Darroch has purchased 57,120 shares and Andrew Griffith has purchased 26,052 shares in the Company at a price of 839.98 pence per share.
Under the terms of the Plan, Jeremy Darroch and Andrew Griffith have received an award of up to a maximum of 162,794 and 74,249 matching shares respectively, at a nil cost per share, in relation to the above shares that they have purchased under the Plan. These awards will vest on 28 August 2016, dependent upon the achievement of a target level of growth in the Company's earnings per share in the three year period to 30 June 2016.
Following these transactions, Jeremy Darroch holds a total of 411,695 shares and Andrew Griffith holds a total of 140,504 shares in the Company.
Chris Taylor
Company Secretary
Contacts:
Investor Relations
Ed Steel
Head of Investor Relations
020 7032 2093
Corporate Communications
Alice Macandrew
Director of Corporate Communications
020 7032 4256
Related Shares:
Sky