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Share Buyback

13th Nov 2013 07:00

RNS Number : 8548S
British Sky Broadcasting Group PLC
13 November 2013
 



BRITISH SKY BROADCASTING GROUP PLC - SHARE BUYBACK

 

British Sky Broadcasting Group plc (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 1 November 2012, on 12 November 2013 it purchased 250,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid by the Company was 841.7531 pence per share.

 

In accordance with the agreement between the Company and 21st Century Fox UK Nominees Limited (formerly known as News Corporation) (and others) dated 25 July 2012 (the "2012 Buyback Agreement"), and shareholder authority granted on 1 November 2012, the Company will today purchase 160,764 shares at 841.7531 pence per share from 21st Century Fox UK Nominees Limited for cancellation.

 

Further to yesterday's announcement, the Company confirms that it has in accordance with the 2012 Buyback Agreement completed the purchase of 533,734 shares at 838.7764 pence per share from 21st Century Fox UK Nominees Limited for cancellation.

 

Following the completion of the above transactions the Company will have 1,589,696,225 votable shares in issue. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

 

Enquiries:

 

Zainab Odutola

Company Secretarial Assistant

Telephone: +44 (0)870 240 3000

 

 

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