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On-market share buyback

Share Buyback31 May 2023SKTCommunication Services

Capital Change Notice

Updated as at 17 October 2019



Acquisition of Ordinary Shares

This notice is given under NZX Listing Rule 3.13.1 and s 65(2) of the Companies Act 1993, and

relates to the acquisition of ordinary shares in Sky Network Television Limited (Sky) under the

on-market share buyback programme announced by Sky to the market on 31 March 2023.


Sky has acquired a total of 1,720,695 shares under this on-market share buyback programme

(including the shares in this notice). Under this buyback, Sky may acquire up to a further

7,013,721 shares on or before 31 March 2024.


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) NZSKTE0001S

Currency NZD

Section 2: Capital change details

Number acquired 52,000

Nominal value (if any) Not applicable

Acquisition price per security

NZ$2.5513 (average) in

respect of 52,000 ordinary

shares acquired on NZX

Nature of the payment (for example, cash or other

consideration)

Cash

Amount paid up (if not in full) Paid in full

Percentage of total class of Financial Products acquired

(calculated on the number of Financial Products of the Class,

excluding any Treasury Stock, in existence)

1


0.0361%

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 acquisition and specific authority for acquisition

(the reason for change must be identified here)

Acquisition under Board

approved buyback programme

announced on 31 March 2023

Total number of Financial Products of the Class after the

acquisition (excluding Treasury Stock) and the total number of

Financial Products of the Class held as Treasury Stock after

the acquisition.

143,852,496 ordinary shares

None held as treasury stock

In the case of an acquisition of shares, whether those shares

are to be held as treasury stock

No


1

The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Specific authority for the acquisition, including a reference to
the rule pursuant to which the acquisition is made

Board resolution dated 30

March 2023

NZX Listing Rule 4.14.1(a)

Terms or details of the acquisition (for example: restrictions,

escrow arrangements)

Shares acquired will be

cancelled

Date of acquisition 31/05/2023

Section 3: Authority for this announcement and contact person

Name of person authorised to make this announcement Paresh Patel

Contact person for this announcement Paresh Patel

Contact phone number +64 21 294 3260

Contact email address paresh.patel@sky.co.nz

Date of release through MAP 01/06/2023

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.