British Sky Broad. BSY Share Buyback

  British Sky Broad. (BSY) - Share Buyback

RNS Number : 0483R
British Sky Broadcasting Group PLC
14 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 13 November 2012 it purchased  500,000 
of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid  by the Company was 758.4200 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 321,527 shares  at 758.4200  pence per  share from  News UK  Nominees 
Limited for cancellation.

 

Following the  completion of  the  above transactions  the Company  will  have 
1,643,820,868 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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POSUOSBRUUAAAAA -0- Nov/14/2012 07:00 GMT