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Sale of ordinary shares in ITV plc

17th Jul 2014 07:00

RNS Number : 5757M
British Sky Broadcasting Group PLC
17 July 2014
 



17 July 2014

 

SALE OF ORDINARY SHARES IN ITV PLC

 

British Sky Broadcasting Group plc ("Sky") has sold a shareholding of approximately 6.4% in ITV plc ("ITV") to Liberty Global Incorporated Limited, a wholly owned subsidiary of Liberty Global plc.

 

The sale by Sky consists of 259,820,065 ITV shares at 185p per share for an aggregate consideration of approximately £481 million. Sky intends to use the proceeds for general corporate purposes.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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