28th Apr 2016 07:00
Disposal of minority holding
Sky plc ("Sky") announces that is has disposed of its minority holding in Net Power & Light, the video-based collaboration technology company to Wickr, a secure communications company (the "Transaction"), as part of the acquisition of Net Power & Light by Wickr. Sky will receive shares in Wickr as consideration, which it intends to hold.
Notes to editors:
1) References to Net Power & Light and Wickr are to Net Power & Light Inc. and Wickr Inc. respectively
2) Gross assets subject to this transaction were $1.4m
3) Profits attributable to the assets subject to this transaction were $nil
For more information:
Sky Corporate Communications
Tel: 0333 100 2333
Related Shares:
Sky