Capital Change Notice

Capital Change Notice





Section 1: Issuer information
Name of issuer Sky Network Television Limited
NZX ticker code SKT
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZSKTE0001S6
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 998,629,091 ordinary shares,
being:
 75,533,621 ordinary shares
issued under the placement
announced to NZX on 21 May
2020.
 923,095,470 ordinary shares
issued under the institutional
component of the fully
underwritten accelerated
entitlement offer announced to
NZX on 21 May 2020.
Nominal value (if any) N/A
Issue/acquisition/redemption price per security NZ$0.12 per share
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury
Stock, in existence)
228.924%
For an issue of Convertible Financial Products or Options,
the principal terms of Conversion (for example the
Conversion price and Conversion date and the ranking of
the Financial Product in relation to other Classes of
Financial Product) or the Option (for example, the exercise
price and exercise date)
Not applicable
Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason for
change must be identified here)
Issue of ordinary shares under the
placement and institutional
component of the fully underwritten
accelerated entitlement offer
announced on NZX on 21 May
2020, authorised by Board
resolution dated 20 May 2020.
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding
Treasury Stock) and the total number of Financial
1,434,855,609

Products of the Class held as Treasury Stock after the
issue/acquisition/redemption.
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
Not applicable
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the
issue, acquisition, or redemption is made
Board resolution dated Wednesday
20 May 2020. The placement is
made pursuant to NZX Listing Rule
4.5.1 (as modified by NZX
Regulation on 19 March 2020).
The accelerated entitlement offer is
being conducted in accordance
with the waiver granted by NZX on
21 May 2020.
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
Issue of ordinary shares which
rank equally with all other fully paid
ordinary shares in Sky Network
Television Limited.
Date of issue/acquisition/redemption 2/06/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement
Sophie Moloney – Chief Legal,
People and Partnerships Officer
Contact person for this announcement
Sophie Moloney – Chief Legal,
People and Partnerships Officer
Contact phone number +64 9 579 9999
Contact email address sophie.moloney@skytv.co.nz
Date of release through MAP

2/06/2020