5th Nov 2012 07:00
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 2 November 2012 it purchased 425,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.
The volume weighted average price paid by the Company was 755.1100 pence per share.
In accordance with the agreement between the Company and News UK Nominees Limited (and others) dated 25 July 2012 (the "2012 Buyback Agreement"), and shareholder authority granted on 1 November 2012, the Company will today purchase 273,298 shares at 755.1100 pence per share from News UK Nominees Limited for cancellation.
Further to last Friday's announcement, the Company confirms that i) it has in accordance with the agreement between the Company and News UK Nominees Limited (and others) dated 28 July 2011, and shareholder authority granted on 29 November 2011, completed the purchase of 96,458 shares at 733.7691 pence per share from News UK Nominees Limited for cancellation and ii) it has in accordance with the 2012 Buyback Agreement completed the purchase of 30,803 shares at 749.1949 pence per share from News UK Nominees Limited for cancellation.
Following the completion of the above transactions the Company will have 1,648,672,660 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:
Mark Chambers
Company Secretarial Assistant
Telephone: +44 (0)870 240 3000
Related Shares:
Sky