30th Jul 2018 10:02
30 July 2018
SKY PLC
(the "Company")
LTIP AWARDS
In accordance with the Company's remuneration policy, awards under the Company's Long Term Incentive Plan ('LTIP') have been granted to Jeremy Darroch and Andrew Griffith (together the 'Executive Directors') on 27 July 2018 over the following number of ordinary shares of 50 pence each in the Company ('Ordinary Shares'), at nil-cost per share:
Jeremy Darroch 600,000
Andrew Griffith 350,000
The awards will vest in the ordinary course on 27 July 2021.
SHARESAVE EXERCISE
On 30 September 2014 Andrew Griffith was granted options over 1,271 ordinary shares under the Sky Sharesave Scheme at an exercise price of £7.08 per share. The options became exercisable on 1 February 2018 and were due to lapse if unexercised on 31 July 2018. On 27 July 2018 Andrew Griffith exercised his options over 1,271 shares at the exercise price of £7.08 and retained the shares, with his beneficial interest increasing as a result.
The beneficial interests of the Executive Directors in the share capital of the Company following these notifications are as follows:
Jeremy Darroch: 743,101
Andrew Griffith: 198,851
The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jeremy Darroch | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sky plc | ||||
b)
| LEI
| 2138003TS48MQKF4BZ29 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Award over Ordinary Shares of 50 pence each in Sky plc
ISIN: GB0001411924
| ||||
b)
| Nature of the transaction
| Grant of awards under the Long Term Incentive Plan at nil cost. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | n/a | ||||
e)
| Date of the transaction
| 2018-07-27 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Griffith | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Chief Operating Officer & Group Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sky plc | ||||
b)
| LEI
| 2138003TS48MQKF4BZ29 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Award over Ordinary Shares of 50 pence each in Sky plc
ISIN: GB0001411924
| ||||
b)
| Nature of the transaction
| Grant of awards under the Long Term Incentive Plan at nil cost. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | n/a | ||||
e)
| Date of the transaction
| 2018-07-27 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Griffith | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Chief Operating Officer & Group Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Sky plc | ||||
b)
| LEI
| 2138003TS48MQKF4BZ29 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| Ordinary Shares of 50 pence each in Sky plc
ISIN: GB0001411924
| ||||
b)
| Nature of the transaction
| Exercise of options under the Sky Sharesave Scheme at £7.08 per share. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price | n/a | ||||
e)
| Date of the transaction
| 2018-07-27 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Related Shares:
Sky