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SPH Notice – Jupiter Asset Management Limited

Substantial Holder Notice29 February 2024SKTCommunication Services

100080615/3821103.1
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

Note: This form must be completed in accordance with the instructions at the end of the

form.

To NZX Limited

and

To Sky Network Television Limited

Relevant event being disclosed: Disposal of shares resulting in the position decreasing by

1%

Date of the relevant event: 29

th

February 2024

Date this disclosure made: 1

st

March 2024

Date last disclosure made: 15

th

September 2020

Substantial product holder(s) giving disclosure

Full name(s): Jupiter Asset Management Limited and its related bodies corporate listed in

Annex A


Summary of substantial holding

Class of quoted voting products: Ordinary shares

Summary for Jupiter Asset Management Limited

For this disclosure,—

(a) total number held in class: 11,503,738

(b) total in class: 142,990,520

(c) total percentage held in class: 8.04%

For last disclosure,—

(a) total number held in class: 158,022,414

(b) total in class: 1,746,279,558

(c) total percentage held in class: 9.04%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: See Annex B



100080615/3821103.1

Details after relevant event

Details for Jupiter Fund Management Plc

Nature of relevant interest(s): Jupiter Asset Management Limited ordinary business

consists of , or includes, the investment of some or all of the funds of another person

under investment management contracts or as the responsible entity of managed

investment schemes and under those documents has the power to exercise, or to control

the exercise of, a right to vote attached to the quoted product or has the power to acquire

or dispose of, or to control the acquisition or disposal of, the quoted product. The relevant

interests, arising under the investment management contracts or constitutions, as the case

may be, arise only from the powers of those documents. The relevant agreement

documents or constitutions need not be attached under regulation 139.


For that relevant interest,—

(a) number held in class: 11,503,738

(b) percentage held in class: 8.04%

(c) current registered holder(s): See Annex C

(d) registered holder(s) once transfers are registered: The registered holder is included

in the attached table.

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

Address(es) of substantial product holder(s): c/o Jupiter Asset Management Limited, The

zig Zag Building, 70 Victoria Street, London SW1E 6SQ

Contact details: Katie Wild +44 20 3817 1620 Katie.Wild@jupiteram.com

Nature of connection between substantial product holders: The substantial product holders

are all related companies of Jupiter Asset Management Limited

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



100080615/3821103.1

Certification

I, Katie Wild certify that, to the best of my knowledge and belief, the information contained

in this disclosure is correct and that I am duly authorised to make this disclosure by all

persons for whom it is made.



100080615/3821103.1

Annex ‘A’

To Disclosure of movement of 1% or more

Dated 29

th

February 2024

By Jupiter Asset Management Limited

Details of related bodies corporate. These related bodies corporate are deemed to

have the same interests as Jupiter Fund Management plc


Name of entity Address

Jupiter Fund Management plc

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Fund Management Group Ltd

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Asset Management Group Ltd

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Knightsbridge Asset Management Limited

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Investment Management Group

Ltd.

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Asset Management Limited

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ


Jupiter Fund Management Plc

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Fund Management Group Ltd

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Asset Management Group Ltd

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Knightsbridge Asset Management Limited

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ

Jupiter Investment Management Group

Ltd.

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ



100080615/3821103.1

Jupiter Investment Management Limited

( formally Merian Global Investors (UK)

Limited)

The Zig Zag Building, 70 Victoria Street,

London SW1E 6SQ



100080615/3821103.1

Annex ‘B’

To Disclosure of movement of 1% or more

Dated 29

th

February 2024

By Jupiter Asset Management Limited

Details of transactions and events giving rise to substantial holding

Pre-Consolidation Trades

Nature of

Transaction

Name of Substantial Security

Holder Consideration Currency

Number of

Securities

BUY

Jupiter Fund Management plc and

its Associates Listed in Annex A -7,554,418.38 NZD 45,176,550

SELL

Jupiter Fund Management plc and

its Associates Listed in Annex A 5,862,876.30 NZD 34,969,245


Post-Consolidation Trades

Nature of

Transaction

Name of Substantial Security

Holder Consideration Currency

Number of

Securities

BUY

Jupiter Fund Management plc and

its Associates Listed in Annex A 1,951,130.08 NZD 850,000

SELL

Jupiter Fund Management plc and

its Associates Listed in Annex A 4,556,687.15 NZD 1,838,957

SELL

Jupiter Fund Management plc and

its Associates Listed in Annex A 2,844,862.14 USD 1,691,271

CAPITAL

RETURN

Jupiter Fund Management plc and

its Associates Listed in Annex A 6,333,604.80 NZD 2,639,003


*Please note - This is the total consideration and number of securities from all

trades from the 15-Sep-2020 to 29-Feb-2024*



100080615/3821103.1

Annex ‘C’

To Disclosure of movement of 1% or more

Dated 29 February 2024

By Jupiter Asset Management Limited



Registered holder of

securities

Class and number of

securities

Percentage Held

State Street Ordinary 2,117,723 1.4810

Citibank Ordinary 4,750,000 3.3219

Nortrust Nominees Ltd Ordinary 4,636,015 3.2422

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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