23rd Oct 2014 18:08
Co-Investment Plan (the 'Plan')
British Sky Broadcasting Group plc (the "Company")
The Company was notified today that Jeremy Darroch, an Executive Director of the Company, had exercised Co-Investment Plan Matching Awards granted in 2009 and 2010. The awards vested in full on 27 August 2012 and 31 August 2013, respectively, following the Plan exceeding its target growth in earnings per share for the periods ended 30 June 2012 and 30 June 2013.
Jeremy Darroch exercised 388,360 shares at 858.77 pence per share. He sold 182,896 shares in order to meet income tax and national insurance liabilities. 100,000 shares were subsequently disposed at 858.77 pence per share and he retained 105,464 shares in his own name.
Following these transactions Jeremy Darroch holds a total of 574,678 shares, representing 0.03% of the issued share capital of the Company.
These transactions took place in London.
Enquiries:
Chris Taylor
Company Secretary
020 7032 4297
Related Shares:
Sky