British Sky Broad. BSY Share Buyback

  British Sky Broad. (BSY) - Share Buyback

RNS Number : 8213Q
British Sky Broadcasting Group PLC
12 November 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 9 November 2012 it purchased 507,912 of
its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid  by the Company was 752.0600 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 326,614 shares  at 752.0600  pence per  share from  News UK  Nominees 
Limited for cancellation.

 

Further to  Friday's  announcement,  the  Company  confirms  that  it  has  in 
accordance with the 2012 Buyback  Agreement completed the purchase of  350,464 
shares at  750.9400  pence  per  share  from  News  UK  Nominees  Limited  for 
cancellation.

 

Following the  completion of  the  above transactions  the Company  will  have 
1,644,642,395 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:

 

Zainab Odutola

Company Secretarial Assistant

Telephone: +44 (0)870 240 3000

 

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
POSUKRBRUNAARAA -0- Nov/12/2012 07:00 GMT