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Share Buyback

Released 07:00 04-Dec-2012

RNS Number : 6307S
British Sky Broadcasting Group PLC
04 December 2012
 



BRITISH SKY BROADCASTING GROUP PLC - SHARE BUYBACK

 

British Sky Broadcasting Group plc (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 1 November 2012, on 3 December 2012 it purchased 600,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid by the Company was 769.8700 pence per share.

 

In accordance with the agreement between the Company and News UK Nominees Limited (and others) dated 25 July 2012 (the "2012 Buyback Agreement"),  and shareholder authority granted on 1 November 2012, the Company will today purchase 385,832 shares at 769.8700 pence per share from News UK Nominees Limited for cancellation.

 

Further to yesterday's announcement, the Company confirms that it has in accordance with the 2012 Buyback Agreement completed the purchase of 404,480 shares at 763.2700 pence per share from News UK Nominees Limited for cancellation.

 

Following the completion of the above transactions the Company will have 1,632,058,100 votable shares in issue. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Services Authority's Disclosure and Transparency Rules.

 

Enquiries:

 

Mark Chambers

Company Secretarial Assistant

Telephone: +44 (0)870 240 3000

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Share Buyback - RNS