FY20 results guidance met, Results date, Banking Facility

Sky New Zealand
PO Box 9059
Newmarket
Auckland 1149
New Zealand

10 Panorama Road
Mt Wellington
Auckland 1060
New Zealand

T. +64 9 579 9999

sky.co.nz





12 August 2020
Sky advises FY20 Results are within Guidance and will be released on 10 September
and confirms successful completion of amended Banking Facility
FY20 Results
Sky Network Television Ltd (SKT) has delivered results in line with the FY20 guidance given on 21
May 2020, with unaudited Revenue, EBITDA, NPAT and CAPEX results all being achieved within the
defined range (subject to the completion of year end audit processes and assessment of the carrying
value of goodwill).
Sky will release its results for the year ended 30 June 2020 on Thursday 10 September 2020.
In doing so, Sky is relying on the class waiver from NZX Listing Rule 3.5.1 granted by NZX on 3 April
2020 and the class waiver from certain rules in Chapter 4 of the ASX Listing Rules granted by ASX on
7 May 2020. Sky also expects to release its 2020 annual report on Thursday 10 September 2020 and
therefore shall not be relying upon the NZX and ASX class waivers in relation to the same.
Webcast and teleconference details will be made available shortly.
Successful completion of amended Banking Facility
Sky has successfully completed the negotiation and signing of the amended and restated $200
million Banking Facility, with increased flexibility, an extended term to July 2023 and no step-down
in the Facility limit.
Sky has used the funds from the recent Capital Raise to pay down all bank debt and holds cash of
$118 million as at 12 August 2020.
Covid-19 update
Sky notes the Government’s announcement last evening of a brief return to Alert Level 3 in Auckland
(and Alert Level 2 for the rest for the country) from 12-14 August. As an essential service, Sky
confirms that it has robust plans in place to continue to deliver services to customers, with the
majority of staff able to immediately work from home and ‘essential crew’ operating safely from Sky
sites.
ENDS

Authorised by: Sophie Moloney, Company Secretary

For further information, please contact:
Sophie Moloney
Chief Commercial Officer and Company Secretary
(09) 579 9999
sophie.moloney@sky.co.nz

Chris Major
Director of External Affairs
029 917 6127
chris.major@sky.co.nz

Investors can also submit queries to: investorrelations@sky.co.nz