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British Sky Broad. BSY Share Buyback



  British Sky Broad. (BSY) - Share Buyback

RNS Number : 1615R
British Sky Broadcasting Group PLC
15 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 14 November 2012 it purchased  530,000 
of its ordinary shares of £0.50 pence each ("shares") for cancellation.

 

The volume weighted average price paid  by the Company was 755.9300 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 340,818 shares  at 755.9300  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  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 1,642,950,050 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
 
END
 
 
POSUSUBRUAAAAAA -0- Nov/15/2012 07:00 GMT
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