Sky Network Television Limited (“SKT”) Share Consolidation
NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599
www.nzx.com
Memorandum
To:
Market Participants
From:
NZX Product Operations
Date:
Wednesday, 25 August 2021
Subject
: Sky Network Television Limited
(“SKT”) – Share Consolidation
Message
:
On Wednesday, 25 August 2021 Sky Network Television Limited
(“SKT”) announced that they will
undergo a capital decrease of shares (“share consolidation”).
Shareholders will receive one SKT ordinary share for every ten SKT ordinary shares held at 5pm on the
Record Date of Thursday, 16 September 2021.
In order for the Share Consolidation to be processed SKT will be halted from pre-market open on Ex
Date, Friday, 15 September 2021.
On Friday, 17 September 2021, trading will resume in SKT ordinary shares.
A timetable of events is detailed below:
Event Date
Trading in SKT ceases
5.00pm, Tuesday, 14 September 2021
Ex Date
Friday, 15 September 2021
Record Date
5:00pm Thursday, 16 September 2021
Implementation Date
Post Consolidation trading in SKT resumes
Friday, 17 September 2021
Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any
queries.
ENDS
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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