SPH Notice – Sky Network Television Limited

1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Sky Network Television Limited (Sky)
Date this disclosure made: 1 November 2019
Date on which substantial holding began: 1 November 2019
Substantial product holder(s) giving disclosure
Full name(s): Sky Network Television Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Sky
Summary for Sky Network Television Limited
For this disclosure,—
(a) total number held in class: 21,801,325
(b) total in class: 436,026,518
(c) total percentage held in class: 5.000% (see further details below)
Details of relevant interests
Details for Sky Network Television Limited
Nature of relevant interest(s): Under a restriction deed between Sky and New Zealand
Rugby Union Incorporated (NZRU) dated 14 October 2019 (Restriction Deed), Sky has
the ability to control how the following shares will be disposed:
For that relevant interest,—
(a) number held in class: 21,801,325
(b) percentage held in class: 5.000% (see further details below)
(c) current registered holder(s): Not applicable (issue of new shares to New Zealand
Rugby Union Incorporated)
(d) registered holder(s) once transfers are registered: N/A
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: The issuance to NZRU of
21,801,325 fully paid ordinary shares in Sky (which is less than 5% on an absolute basis
but, which when rounded to 3 decimal places, is 5.000%), subject to certain restrictions
under the Restriction Deed, pursuant to certain partnership arrangements between Sky
and NZRU to which the Restriction Deed relates.
A copy of the Restriction Deed is attached (7 pages).

2
Additional information
Address(es) of substantial product holder(s): Sky Network Television Limited,
10 Panorama Road, Mt Wellington, Auckland, 1060, New Zealand
Contact details:
Sophie Moloney
+64 9 979 5816
sophie.moloney@sky.co.nz

Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates:
New Zealand Rugby Union Incorporated

Certification
I, Sophie Moloney, Chief Legal, People and Partnerships Officer, certify that, to the best of
my knowledge and belief, the information contained in this disclosure is correct and that I
am duly authorised to make this disclosure by all persons for whom it is made.