Disclosure of Directors Relevant Interests

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(1) and 298(1), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Sky Network Television Limited
Date this disclosure made:
21-Feb-20
Date of last disclosure:
29-Apr-19
Director or senior manager giving disclosure
Full name(s):
Martin David Stewart
Name of listed issuer:
Sky Network Television Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director and CEO
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in Sky Network
Television Limited
Nature of the affected relevant interest(s):
(1) Registered holder and beneficial
owner
(2) Power to control the
acquisition/disposal of ordinary
shares (as a contractual entitlement
to receive a total of 800,000 ordinary
shares in instalments of 200,000 on
each of the first four anniversaries of
commencement of employment, with
the shares vesting if Sky exercises
its no fault termination right or if there
is a change of control and Mr Stewart
is no longer CEO).
For that relevant interest-
Number held in class before acquisition or disposal:
(1) 0
(2) 800,000
Number held in class after acquisition or disposal:
(1) 200,000
(2) 600,000
Current registered holder(s):
(1) N/A (issue of new shares)
(2) N/A
Registered holder(s) once transfers are registered:
(1) N/A
(2) N/A
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A

Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:21-Feb-20
Nature of transaction:
Issue of 200,000 ordinary shares to
Mr Stewart in connection with the
exercise of 200,000 share rights, as
part of the remuneration
arrangements in Mr Stewart's
employment agreement.
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
No cash consideration (but rather for
consideration of Mr Stewart's
ongoing employment)
Number of financial products to which the transaction related:
200,000
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the followin
g details—
Whether relevant interests were acquired or disposed of during a closed period:
No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
N/A
Nature of relevant interest:
N/A
For that relevant interest,-
Number held in class:
N/A
Current registered holder(s):
N/A
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:N/A
Maturity date of the derivative (if any):N/A
Expiry date of the derivative (if any):N/A
The price's specified terms (if any):N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative relevant interest,-
Parties to the derivative:
N/A

If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Certification
I, 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.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:
21 February 2020

---

Appendix 3Y 
Change of Director’s Interest Notice 
 

 
+ See chapter 19 for defined terms. 
 
01/01/2011 Appendix 3Y  Page 1 
 
Rule 3.19A.2
 
Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information
and documents given to ASX become ASX’s property and may be made public.
Introduced 30/09/01 Amended 01/01/11

Name of entity Sky Network Television Limited ("Company")
ABN 70 653 143 224

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
the director for the purposes of section 205G of the Corporations Act.
 
Name of Director Martin David Stewart
Date of last notice 30 October 2019

Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should
be disclosed in this part.

Direct or indirect interest Direct
Nature of indirect interest
(including registered holder)

Note: Provide details of the circumstances giving rise to the
relevant interest.

N/A
Date of change 21 February 2020
No. of securities held prior to change 800,000 share rights under CEO Share Scheme
Class SKT: Fully paid ordinary shares
Number acquired 200,000
Number disposed Nil
Value/Consideration
Note: If consideration is non-cash, provide details and
estimated valuation

Nil
No. of securities held after change 200,000 fully paid ordinary shares

600,000 unlisted share rights issued under the
Company's CEO Share Scheme. Each share
right confers an entitlement to be issued one
fully paid ordinary share in the Company on
exercise for no cash consideration.

Appendix 3Y 
Change of Director’s Interest Notice 
 

 
+ See chapter 19 for defined terms. 
 
Appendix 3Y Page 2 01/01/2011 
 
Nature of change
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan,
participation in buy-back
Deemed exercise of 200,000 share rights
previously issued.




Part 2 – Change of director’s interests in contracts
 
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should 
be disclosed in this part.

Detail of contract N/A
Nature of interest N/A
Name of registered holder
(if issued securities)
N/A
Date of change N/A
No. and class of securities to which interest related
prior to change
Note: Details are only required for a contract in relation to which the interest has
changed

N/A
Interest acquired N/A
Interest disposed N/A
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation

N/A
Interest after change N/A

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above traded
during a
+
closed period where prior written clearance was required?
No
If so, was prior written clearance provided to allow the trade to proceed
during this period?
N/A
If prior written clearance was provided, on what date was this provided? N/A