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Share Buyback

Released 07:00 29-Jul-2013

RNS Number : 3035K
British Sky Broadcasting Group PLC
29 July 2013
 



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 26 July 2013 it purchased 1,050,000 of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid by the Company was 823.5294 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 675,205 shares at 823.5294  pence per share from News UK Nominees Limited for cancellation.

 

Following the completion of the above transactions the Company will have 1,592,179,977 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