SPH Notice – UBS Group AG and its related bodies corporate

Disclosure of movement of 1% or more in substantial holding or change in nature
of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013

To: NZX Limited
and
To: Sky Network Television Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 16 June 2020
Date this disclosure made: 18 June 2020
Date last disclosure made: 28 May 2020

Substantial product holder(s) giving disclosure
Full name(s): UBS Group AG and its related bodies corporate


Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for: UBS Group AG and its related bodies corporate
For this disclosure,—
(a) total number held in class: 93,369,859 shares
(b) total in class: 1,746,279,558 shares
(c) total percentage held in class: 5.35%
For last disclosure,—
(a) total number held in class: 31,054,995 shares
(b) total in class: 436,226,518 shares
(c) total percentage held in class: 7.12%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Please see Appendix A.

Details for: UBS Securities Australia Ltd
Nature of relevant interest(s): Power to control disposal over shares pursuant to stock borrowing and lending
activities
For that relevant interest,—
(a) number held in class: 1,001,597
(b) percentage held in class: 0.06%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are registered: UBS Securities Australia Ltd

For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the relevant
interest in the derivative: Not applicable

Details for: UBS AG, Australia Branch
Nature of relevant interest(s): Prime Broker that has the right to exercise its borrowing right in respect of
shares pursuant to a Prime Broking Agreement
For that relevant interest,—
(a) number held in class: 448,148
(b) percentage held in class: 0.03%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are registered: UBS AG, Australia Branch

For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the relevant
interest in the derivative: Not applicable

Details for: UBS AG London Branch
Nature of relevant interest(s): Power to control disposal over shares pursuant to stock borrowing and lending
activities
For that relevant interest,—
(a) number held in class: 836,486
(b) percentage held in class: 0.05%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are registered: UBS AG London Branch

Nature of relevant interest(s): Prime Broker that has the right to exercise its borrowing right in respect of
shares pursuant to a Prime Broking Agreement
For that relevant interest,—
(a) number held in class: 90,329,967
(b) percentage held in class: 5.17%
(c) current registered holder(s): Not applicable

(d) registered holder(s) once transfers are registered: UBS AG London Branch

For a derivative relevant interest, also—
(a) type of derivative: swap
(b) details of derivative: 53,661 cash-settled swap (0.003% held in class)
(c) parties to the derivative: various clients entering into equity swap transactions through UBS AG
London Branch
(d) if the substantial product holder is not a party to the derivative, the nature of the relevant
interest in the derivative: Not applicable

Details for: UBS AG Hong Kong Branch
Nature of relevant interest(s): Broker with power to exercise discretion over account
For that relevant interest,—
(a) number held in class: 500,000
(b) percentage held in class: 0.03%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are registered: UBS AG Hong Kong Branch

For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the relevant
interest in the derivative: Not applicable

Details for: UBS AG Singapore Branch
Nature of relevant interest(s): Broker with power to exercise discretion over account
For that relevant interest,—
(a) number held in class: 200,000
(b) percentage held in class: 0.01%
(c) current registered holder(s): Not applicable
(d) registered holder(s) once transfers are registered: UBS AG Singapore Branch

For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the relevant

interest in the derivative: Not applicable

Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Please see Appendix A .

Additional information
Address(es) of substantial product holder(s):

Name Addresses
UBS Securities Australia Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG, Australia Branch Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG London Branch 5 Broadgate, London, United Kingdom
UBS AG Hong Kong Branch 52 Floor Two International Finance Centre,8 Finance Street, Central
UBS AG Singapore Branch One Raffles Quay,#50-01 North Tower, Singapore 048583

Contact details: Andrew Costley
Tel: +852 3712 3707
Email: andrew.costley@ubs.com


Nature of connection between substantial product holders:
UBS Securities Australia Ltd: Related body corporate
UBS AG, Australia Branch: Related body corporate
UBS AG London Branch: Related body corporate
UBS AG Hong Kong Branch : Related body corporate
UBS AG Singapore Branch : Related body corporate

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: Not
applicable

Certification
We, certify that, to the best of our knowledge and belief, the information contained in this disclosure is correct
and that we are duly authorised to make this disclosure by all persons for whom it is made.

SIGNATURE

Print Name:


Andrew Costley

Capacity:

Authorised signatory

Sign Here:


Date:

18 June 2020

Print Name:


Joanne Chan

Capacity:

Authorised signatory

Sign Here:


Date:

18 June 2020

SKT - Appendix A
Date of
change
Person whose relevant interest
changed
Nature of Change
Consideration given in
relation to change
Number of securities
Class
27-May-20
UBS Securities Australia Ltd
Buy
5,491
31,100

Ordinary
27-May-20
UBS Securities Australia Ltd
Sell
4,624
(25,708)

Ordinary
27-May-20
UBS Securities Australia Ltd
Sell
0.18
(1)

Ordinary
27-May-20
UBS Securities Australia Ltd
Stock borrowed
N/A
515,000

Ordinary
27-May-20
UBS Securities Australia Ltd
Stock borrowed
N/A
515,000

Ordinary
27-May-20
UBS Securities Australia Ltd
Stock returned
N/A
(515,000)

Ordinary
27-May-20
UBS Securities Australia Ltd
Stock returned
N/A
(515,000)

Ordinary
27-May-20
UBS AG London Branch
Stock borrowed
N/A
515,000

Ordinary
27-May-20
UBS AG London Branch
Stock returned
N/A
(515,000)

Ordinary
27-May-20
UBS AG London Branch
Stock returned
N/A
(101,425)

Ordinary
27-May-20
UBS AG London Branch
Stock returned
N/A
(381,804)

Ordinary
27-May-20
UBS AG London Branch
Stock returned
N/A
(400,000)

Ordinary
27-May-20
UBS AG London Branch
Stock returned
N/A
(99,452)

Ordinary
27-May-20
UBS AG London Branch
Stock returned
N/A
(1,000)

Ordinary
27-May-20
UBS AG London Branch
Sell
108,000
(600,000)

Ordinary
27-May-20
UBS AG London Branch
Sell
108,000
(600,000)

Ordinary
27-May-20
UBS AG London Branch
Buy
108,000
600,000

Ordinary
28-May-20
UBS Securities Australia Ltd
Buy
4,306
27,510

Ordinary
28-May-20
UBS Securities Australia Ltd
Sell
4,117
(26,036)

Ordinary
28-May-20
UBS Securities Australia Ltd
Sell
0.16
(1)

Ordinary
28-May-20
UBS Securities Australia Ltd
Sell
0.15
(1)

Ordinary
28-May-20
UBS AG London Branch
Stock borrowed
N/A
1,442,682

Ordinary
28-May-20
UBS AG London Branch
Stock returned
N/A
(1,442,682)

Ordinary
28-May-20
UBS AG London Branch
Stock returned
N/A
(2)

Ordinary
28-May-20
UBS AG London Branch
Stock returned
N/A
(112,236)

Ordinary
28-May-20
UBS AG London Branch
Stock returned
N/A
(1,330,430)

Ordinary
28-May-20
UBS AG London Branch
Stock returned
N/A
(1,000,000)

Ordinary
28-May-20
UBS AG London Branch
Stock returned
N/A
(330,430)

Ordinary
28-May-20
UBS AG London Branch
Stock borrowed
N/A
1,330,430

Ordinary
28-May-20
UBS AG Singapore Branch
Transfer-In
N/A
200,000

Ordinary
29-May-20
UBS Asset Management
Sell
183,667
(1,224,569)

Ordinary
29-May-20
UBS Securities Australia Ltd
Buy
5,181
32,565

Ordinary
29-May-20
UBS Securities Australia Ltd
Sell
5,053
(31,210)

Ordinary
29-May-20
UBS AG London Branch
Stock returned
N/A
(1)

Ordinary
29-May-20
UBS AG London Branch
Stock returned
N/A
(112,245)

Ordinary
29-May-20
UBS AG London Branch
Stock borrowed
N/A
112,236

Ordinary
29-May-20
UBS AG London Branch
Sell
8,276
(55,024)

Ordinary
29-May-20
UBS AG London Branch
Sell
8,276
(55,024)

Ordinary
29-May-20
UBS AG London Branch
Buy
8,276
55,024

Ordinary
29-May-20
UBS AG London Branch
Buy
176,372
1,175,814

Ordinary
29-May-20
UBS AG London Branch
Buy
176,372
1,175,814

Ordinary
29-May-20
UBS AG London Branch
Sell
176,372
(1,175,814)

Ordinary
29-May-20
UBS AG London Branch
Buy
36,000
240,000

Ordinary
29-May-20
UBS AG London Branch
Buy
36,000
240,000

Ordinary
29-May-20
UBS AG London Branch
Sell
36,000
(240,000)

Ordinary
01-Jun-20
UBS AG, Australia Branch
Buy
8,056,825
67,140,207

Ordinary
01-Jun-20
UBS Securities Australia Ltd
Sell
4,823
(27,963)

Ordinary
01-Jun-20
UBS Securities Australia Ltd
Buy
3,560
20,818

Ordinary
01-Jun-20
UBS Securities Australia Ltd
Sell
900
(5,111)

Ordinary
01-Jun-20
UBS AG London Branch
Stock returned
N/A
(4)

Ordinary
01-Jun-20
UBS AG London Branch
Sell
17,950
(100,000)

Ordinary
01-Jun-20
UBS AG London Branch
Sell
17,950
(100,000)

Ordinary
01-Jun-20
UBS AG London Branch
Buy
17,950
100,000

Ordinary
02-Jun-20
UBS Securities Australia Ltd
Buy
7,523
47,762

Ordinary
02-Jun-20
UBS Securities Australia Ltd
Sell
8,421
(53,572)

Ordinary
02-Jun-20
UBS AG London Branch
Stock borrowed
N/A
270,734

Ordinary
02-Jun-20
UBS AG London Branch
Stock borrowed
N/A
170,734

Ordinary
02-Jun-20
UBS AG London Branch
Stock returned
N/A
(170,734)

Ordinary
02-Jun-20
UBS AG London Branch
Stock returned
N/A
(184,570)

Ordinary
02-Jun-20
UBS AG London Branch
Stock returned
N/A
(500,000)

Ordinary
02-Jun-20
UBS AG London Branch
Stock borrowed
N/A
1
Ordinary
02-Jun-20
UBS AG London Branch
Stock borrowed
N/A
217

Ordinary
02-Jun-20
UBS AG London Branch
Stock borrowed
N/A
4
Ordinary
02-Jun-20
UBS AG London Branch
Buy
296,400
1,950,000

Ordinary
02-Jun-20
UBS AG London Branch
Buy
296,400
1,950,000

Ordinary
02-Jun-20
UBS AG London Branch
Sell
296,400
(1,950,000)

Ordinary
02-Jun-20
UBS AG London Branch
Sell
8,153
(53,029)

Ordinary
02-Jun-20
UBS AG London Branch
Sell
8,153
(53,029)

Ordinary
02-Jun-20
UBS AG London Branch
Buy
8,153
53,029

Ordinary
02-Jun-20
UBS AG London Branch
Sell
9,324
(60,000)

Ordinary
02-Jun-20
UBS AG London Branch
Sell
9,324
(60,000)

Ordinary
02-Jun-20
UBS AG London Branch
Buy
9,324
60,000

Ordinary
02-Jun-20
UBS AG London Branch
Transfer-Out
N/A
(270,734)

Ordinary
03-Jun-20
UBS AG, Australia Branch
Sell
13,025
(83,494)

Ordinary
03-Jun-20
UBS Securities Australia Ltd
Buy
1
9
Ordinary
03-Jun-20
UBS Securities Australia Ltd
Sell
1,391
(8,830)

Ordinary
03-Jun-20
UBS Securities Australia Ltd
Buy
3,212
20,700

Ordinary
03-Jun-20
UBS Securities Australia Ltd
Stock returned
N/A
(515,000)

Ordinary
03-Jun-20
UBS Securities Australia Ltd
Stock returned
N/A
(515,000)

Ordinary
03-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
515,000

Ordinary
03-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
515,000

Ordinary
03-Jun-20
UBS AG London Branch
Stock returned
N/A
(112,252)

Ordinary
03-Jun-20
UBS AG London Branch
Stock returned
N/A
(100,000)

Ordinary
03-Jun-20
UBS AG London Branch
Stock returned
N/A
(3,290,379)

Ordinary
03-Jun-20
UBS AG London Branch
Stock borrowed
N/A
112,252

Ordinary
03-Jun-20
UBS AG London Branch
Stock borrowed
N/A
2
Ordinary
03-Jun-20
UBS AG London Branch
Stock borrowed
N/A
112,028

Ordinary
03-Jun-20
UBS AG London Branch
Stock borrowed
N/A
515,000

Ordinary
03-Jun-20
UBS AG London Branch
Sell
800
(5,000)

Ordinary
03-Jun-20
UBS AG London Branch
Sell
800
(5,000)

Ordinary
03-Jun-20
UBS AG London Branch
Buy
800
5,000

Ordinary
03-Jun-20
UBS AG London Branch
Buy
81,006
525,300

Ordinary
03-Jun-20
UBS AG London Branch
Buy
81,006
525,300

Ordinary
03-Jun-20
UBS AG London Branch
Sell
81,006
(525,300)

Ordinary
04-Jun-20
UBS Securities Australia Ltd
Buy
1,316
8,358

Ordinary
04-Jun-20
UBS Securities Australia Ltd
Sell
5,345
(32,630)

Ordinary
04-Jun-20
UBS AG London Branch
Stock returned
N/A
(209,621)

Ordinary
05-Jun-20
UBS Securities Australia Ltd
Sell
1
(8)

Ordinary
05-Jun-20
UBS Securities Australia Ltd
Buy
9,516
59,649

Ordinary
05-Jun-20
UBS Securities Australia Ltd
Sell
9,517
(59,297)

Ordinary
05-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
100,000

Ordinary
05-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
100,000

Ordinary
05-Jun-20
UBS Securities Australia Ltd
Stock returned
N/A
(100,000)

Ordinary
05-Jun-20
UBS AG London Branch
Stock borrowed
N/A
100,000

Ordinary
05-Jun-20
UBS AG London Branch
Stock returned
N/A
(100,000)

Ordinary
05-Jun-20
UBS AG London Branch
Sell
5,600
(35,000)

Ordinary
05-Jun-20
UBS AG London Branch
Sell
5,600
(35,000)

Ordinary
05-Jun-20
UBS AG London Branch
Buy
5,600
35,000

Ordinary
08-Jun-20
UBS AG London Branch
Buy
22,172
130,734

Ordinary
08-Jun-20
UBS AG London Branch
Buy
22,172
130,734

Ordinary
08-Jun-20
UBS AG London Branch
Sell
22,172
(130,734)

Ordinary
09-Jun-20
UBS Securities Australia Ltd
Sell
0.19
(1)

Ordinary
09-Jun-20
UBS Securities Australia Ltd
Buy
27,776
147,491

Ordinary
09-Jun-20
UBS Securities Australia Ltd
Sell
23,587
(124,470)

Ordinary
09-Jun-20
UBS AG London Branch
Transfer-In
N/A
30,426

Ordinary
09-Jun-20
UBS AG London Branch
Sell
5,738
(30,426)

Ordinary
10-Jun-20
UBS Securities Australia Ltd
Buy
12,420
63,362

Ordinary
10-Jun-20
UBS Securities Australia Ltd
Sell
15,291
(78,434)

Ordinary
10-Jun-20
UBS AG London Branch
Stock returned
N/A
(474,342)

Ordinary
10-Jun-20
UBS AG London Branch
Sell
11,072
(58,941)

Ordinary
10-Jun-20
UBS AG London Branch
Sell
11,072
(58,941)

Ordinary
10-Jun-20
UBS AG London Branch
Buy
11,072
58,941

Ordinary
11-Jun-20
UBS Securities Australia Ltd
Buy
11,254
62,160

Ordinary
11-Jun-20
UBS Securities Australia Ltd
Sell
8,902
(48,937)

Ordinary
11-Jun-20
UBS AG London Branch
Stock returned
N/A
(105,141)

Ordinary
12-Jun-20
UBS Securities Australia Ltd
Buy
6,975
43,664

Ordinary
12-Jun-20
UBS Securities Australia Ltd
Sell
5,993
(37,169)

Ordinary
12-Jun-20
UBS AG London Branch
Stock borrowed
N/A
845,021

Ordinary
12-Jun-20
UBS AG London Branch
Stock borrowed
N/A
75,000

Ordinary
12-Jun-20
UBS AG London Branch
Stock returned
N/A
(170,734)

Ordinary
12-Jun-20
UBS AG London Branch
Stock returned
N/A
(75,000)

Ordinary
12-Jun-20
UBS AG London Branch
Sell
9,431
(58,941)

Ordinary
12-Jun-20
UBS AG London Branch
Sell
9,431
(58,941)

Ordinary
12-Jun-20
UBS AG London Branch
Buy
9,431
58,941

Ordinary
15-Jun-20
UBS Securities Australia Ltd
Sell
3,998
(24,060)

Ordinary
15-Jun-20
UBS Securities Australia Ltd
Buy
634
3,944

Ordinary
15-Jun-20
UBS AG London Branch
Sell
54,208
(335,228)

Ordinary
15-Jun-20
UBS AG London Branch
Sell
54,208
(335,228)

Ordinary
15-Jun-20
UBS AG London Branch
Buy
54,208
335,228

Ordinary
16-Jun-20
UBS AG London Branch
Transfer-In
NA
33,370

Ordinary
16-Jun-20
UBS Securities Australia Ltd
Sell
63,375
(538,441)

Ordinary

16-Jun-20
UBS Securities Australia Ltd
Sell
647
(3,900)

Ordinary
16-Jun-20
UBS Securities Australia Ltd
Buy
1,011
6,300

Ordinary
16-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
522,107

Ordinary
16-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
180,000

Ordinary
16-Jun-20
UBS Securities Australia Ltd
Stock borrowed
N/A
15,000

Ordinary
16-Jun-20
UBS AG London Branch
Stock borrowed
N/A
40,000

Ordinary
16-Jun-20
UBS AG London Branch
Stock borrowed
N/A
140,000

Ordinary
16-Jun-20
UBS AG London Branch
Stock returned
N/A
(180,000)

Ordinary
16-Jun-20
UBS AG London Branch
Transfer-In
N/A
33,370

Ordinary
16-Jun-20
UBS AG London Branch
Transfer-Out
N/A
(32,770)

Ordinary
16-Jun-20
UBS AG London Branch
Sell
53,700
(335,228)

Ordinary
16-Jun-20
UBS AG London Branch
Sell
53,700
(335,228)

Ordinary
16-Jun-20
UBS AG London Branch
Buy
53,700
335,228

Ordinary