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SKY NETWORK TELEVISION LIMITED. — Share Issue/Capital Change 2021
Aug 26, 2021
65806_rns_2021-08-26_ce0c44d0-bdf1-451f-93a0-1f7655893c80.pdf
Share Issue/Capital Change
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NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599
Memorandum
To: Market Participants
From: NZX Product Operations
Date: Thursday, 26 August 2021 Subject : Sky Network Television Limited (“SKT”) – Share Consolidation
Message :
On Wednesday, 25 August 2021 Sky Network Television Limited (“SKT”) announced that they will undergo a capital decrease of shares (“share consolidation”).
Shareholders will receive one SKT ordinary share for every ten SKT ordinary shares held at 5pm on the Record Date of Thursday, 16 September 2021.
In order for the Share Consolidation to be processed SKT will be halted from pre-market open on Ex Date, Wednesday, 15 September 2021.
On Friday, 17 September 2021, trading will resume in SKT ordinary shares.
A timetable of events is detailed below:
| Event | Date |
|---|---|
| Trading in SKT ceases | 5.00pm, Tuesday, 14 September 2021 |
| Ex Date | Wednesday, 15 September 2021 |
| Record Date | 5:00pm Thursday, 16 September 2021 |
| Implementation DatePost Consolidation trading in SKT resumes | Friday, 17 September 2021 |
Please contact NZX Product Operations on +64 4 496 2853 or [email protected] with any queries.
ENDS