Capital Change Notice

Capital Change Notice

Section 1: Issuer information
Name of issuer Sky Network Television Limited
NZX ticker code SKT
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSKTE0001S6
Currency NZD
Section 2: Capital change details
Number issued 21,801,325
Nominal value (if any) Not applicable
Issue price per security NZ$0.92 per share (being the
VWAP for Sky Network Television
Limited Ordinary Shares
calculated over the 5 days prior to
the agreement to issue shares)
Nature of the payment Other consideration
Amount paid up (if not in full) Paid in full
Percentage of total class of Financial Products issued (calculated on
the number of Financial Products of the Class, excluding any
Treasury Stock, in existence)
5.2632% (as percentage of Sky
Network Television Limited
Ordinary Shares in existence
immediately prior to this issue, to
four decimal places)
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion or the Option
Not applicable
Reason for issue Issued pursuant to certain
partnership arrangements
between Sky Network Television
Limited and New Zealand Rugby
Union Incorporated of 13 October
2019 in connection with the
acquisition of certain rugby
broadcast rights from the South
Africa, New Zealand, Australia
and Argentina Rugby Unions.

Further information can be found
in Sky Network Television
Limited's announcement dated 14
October 2019.
Total number of Financial Products of the Class after the issue
(excluding Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the issue.
436,026,518 Sky Network
Television Limited Ordinary
Shares. No Ordinary Shares
currently held as Treasury Stock.
In the case of an acquisition of shares, whether those shares are to
be held as treasury stock
Not applicable

Specific authority for the issue, acquisition, or redemption, including
a reference to the rule pursuant to which the issue, acquisition, or
redemption is made
Directors' resolution dated 1
November 2019 for an issue
under NZX Listing Rule 4.5.1.
Terms or details of the issue New Ordinary Shares subject to
certain restrictions on disposal (as
agreed between Sky Network
Television Limited and New
Zealand Rugby Union
Incorporated) but which otherwise
rank equally with all other fully
paid Ordinary Shares.
Date of issue 01/11/2019
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Sophie Moloney
Contact person for this announcement Sophie Moloney
Contact phone number +64 9 979 5816
Contact email address sophie.moloney@sky.co.nz
Date of release through MAP

01/11/2019