Completion of share consolidation
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
17 September 2021
SKY COMPLETES SHARE CONSOLIDATION
Further to the announcement on 25 August 2021, Sky Network Television Limited (Sky) (NZX / ASX:
SKT) advises that the consolidation of every 10 Sky shares held at 5:00 p.m. on 16 September 2021
into 1 share has now been completed.
The total issued capital of shares after the consolidation is 174,688,323 shares as set out in the
attached capital change notice, slightly higher than the 174,687,956 estimated prior to the start of the
consolidation process. This was due to the rounding of fractional entitlement to shares.
Sky’s share registry, Computershare, will be sending out notices to shareholders on Monday 20
September regarding their new shareholdings.
Sky’s shares will resume trading on NZX on a post consolidation basis today.
On ASX, the post-consolidation shares are also expected to resume trading on a deferred settlement
basis under the code SKTDA today. Trading in the post-consolidation shares on a normal settlement
basis will commence under the code SKT on Monday, 20 September 2021.
This announcement has been authorised for release by the Sky Board of Directors.
Philip Bowman
Chair of the Board of Directors
Sky Network Television Limited
Queries may be directed to:
James Bishop
Company Secretary
P: +64 21 630 635
E: james.bishop@sky.co.nz
Capital Change Notice
Updated as at 17 October 2019
Section 1: Issuer information
Name of issuer Sky Network Television
Limited
NZX ticker code SKT
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZSKTE0001S6
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 1,572,191,235
Nominal value (if any) N/A
Issue/acquisition/redemption price per security N/A
Nature of the payment (for example, cash or other
consideration)
Rounding of shares during
consolidation process
Amount paid up (if not in full) N/A
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
1
89.999979%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
Not applicable
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Rounding of shares due to
fractional entitlements as a
result of share consolidation
exercise where every 10
shares were consolidated into
1 share (Board resolution)
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the Class
held as Treasury Stock after the issue/acquisition/redemption.
174,688,323
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Board resolution
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
N/A
1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.
Date of issue/acquisition/redemption
2
17/09/2021
Section 3: Authority for this announcement and contact person
Name of person
authorised to make this announcement James Bishop
Contact person for this announcement James Bishop
Contact phone number +64 21 630 635
Contact email address james.bishop@sky.co.nz
Date of release through MAP
17/09/2021
2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).
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.