SPH Notice – Sky Network Television Limited

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Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Sky Network Television Limited (Sky)
Date this disclosure made: 3 June 2020
Date last disclosure made: 17 February 2020
Date on which substantial holding ceased: 2 June 2020
Substantial product holder(s) giving disclosure
Full name(s): Sky Network Television Limited (Sky)
Summary of previous substantial holding
Class of quoted voting products: ordinary shares in Sky (SKT.NZ)
Summary for Sky Network Television Limited
For last disclosure,—
(a) total number held in class: 46,886,733
(b) total in class: 436,026,518
(c) total percentage held in class: 10.753%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 46,886,733
(b) total in class: 1,434,855,609
(c) total percentage held in class: 3.268%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: the issuance of
998,629,091 fully paid ordinary shares in Sky on 2 June 2020 at an issue price of NZ$0.12
per share, issued under the placement and institutional component of the fully
underwritten accelerated entitlement offer announced to NZX on 21 May 2020, resulting in
the dilution of Sky’s relevant interest in shares held by New Zealand Rugby Union
Incorporated and RugbyPass Investors, LLC, as disclosed in the substantial product holder
notice dated 17 February 2020.
Additional information
Address(es) of substantial product holder(s): Sky Network Television Limited, 10 Panorama
Road, Mt Wellington, Auckland, 1060, New Zealand

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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
RugbyPass Investors, LLC
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.