On-market Share Buyback

Capital Change Notice

Updated as at June 2023
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 22 February 2024.

Sky has acquired a total of 1,601,705 shares under this on-market share buyback programme
(including the shares in this notice). Under this buyback, Sky may acquire up to a further
5,431,415 shares on or before 31 March 2025.


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 issued/acquired/redeemed 203,500
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security
NZ$2.8607 (average) in
respect of 203,500 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
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
1

0.1465%

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)
Acquisition under Board
approved buyback programme
announced on 22 February
2024
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.
138,695,741 ordinary shares
None held as treasury stock

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
No
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 dated 21
February 2024
NZX Listing Rule 4.14.1(a)
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Shares acquired will be
cancelled
Date of issue/acquisition/redemption
2
06/05/2024
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 07/05/2024




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).