Capital Return to Shareholders Implemented
CORPACT
Tue, Nov 22 2022 11:26 am
22 November 2022
Capital Return to Shareholders Implemented
Sky Network Television Limited (Sky) confirms it has implemented its capital return of approximately NZ$70 million to its shareholders.
As part of the capital return, 1 ordinary share for every 6 ordinary shares held by shareholders on 21 November 2022 has been cancelled, with fractions rounded up or down to the nearest whole share (with 0.5 rounded up). The total number of shares on issue following the capital return is 145,573,191.
Payments to shareholders will be processed on 29 November 2022 in accordance with the terms of the capital return.
ENDS
Authorised by: James Bishop, Company Secretary
For further information, please contact:
James Bishop
Company Secretary
Sky Network Television Limited
[email protected]
Investors can also submit queries to: [email protected]
Announcement PDF
Markets News
Finance
ANZ heads to court as select committee splits active litigation
ANZ NZ consumer-finance case rumbles on as $300m settlement still on offer.
Markets
Market Close
NZ sharemarket up 0.4% despite inflation report
The S&P/NZX 50 Index closed at 13,344.96, up 55.75 points or 0.42%.
Infrastructure
What Infratil likes about Contact Energy
Infratil is keeping its options open, while TECT diversifies.
