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Share Buyback

11th Apr 2012 07:00

RNS Number : 0719B
British Sky Broadcasting Group PLC
11 April 2012
 



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 29 November 2011, on 10 April 2012 it purchased 440,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid by the Company was 653.5107 pence per share.

 

In accordance with the agreement between the Company and News UK Nominees Limited (and others) dated 28 July 2011 (the "Buyback Agreement"), and shareholder authority granted on 29 November 2011, the Company will today purchase 282,944 shares at 653.5107 pence per share from News UK Nominees Limited for cancellation.

 

Further to yesterday's announcement, the Company confirms that it has in accordance with the Buyback Agreement completed the purchase of 263,652 shares at 649.9824 pence per share from News UK Nominees Limited for cancellation.

 

Following the completion of the above transactions the Company will have 1,705,795,450 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:

 

Dominic Murray

Assistant Company Secretary

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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