RNS Number : 1421W
Sky PLC
30 July 2018
 

 30 July 2018

SKY PLC

(the "Company")

 

LTIP AWARDS

 

In accordance with the Company's remuneration policy, awards under the Company's Long Term Incentive Plan ('LTIP') have been granted to Jeremy Darroch and Andrew Griffith (together the 'Executive Directors') on 27 July 2018 over the following number of ordinary shares of 50 pence each in the Company ('Ordinary Shares'), at nil-cost per share:

 

Jeremy Darroch   600,000

Andrew Griffith    350,000

 

The awards will vest in the ordinary course on 27 July 2021.

 

SHARESAVE EXERCISE

 

On 30 September 2014 Andrew Griffith was granted options over 1,271 ordinary shares under the Sky Sharesave Scheme at an exercise price of £7.08 per share. The options became exercisable on 1 February 2018 and were due to lapse if unexercised on 31 July 2018. On 27 July 2018 Andrew Griffith exercised his options over 1,271 shares at the exercise price of £7.08 and retained the shares, with his beneficial interest increasing as a result.

 

The beneficial interests of the Executive Directors in the share capital of the Company following these notifications are as follows:

 

Jeremy Darroch:    743,101

Andrew Griffith:    198,851

 

 

 

The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jeremy Darroch

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Sky plc

b)

 

LEI

 

2138003TS48MQKF4BZ29

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Award over Ordinary Shares of 50 pence each in Sky plc

 

 

ISIN: GB0001411924

 

b)

 

Nature of the transaction

 

Grant of awards under the Long Term Incentive Plan at nil cost.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

600,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

n/a

e)

 

Date of the transaction

 

2018-07-27

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andrew Griffith

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Operating Officer & Group Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Sky plc

b)

 

LEI

 

2138003TS48MQKF4BZ29

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Award over Ordinary Shares of 50 pence each in Sky plc

 

 

ISIN: GB0001411924

 

b)

 

Nature of the transaction

 

Grant of awards under the Long Term Incentive Plan at nil cost.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

350,000

d)

 

Aggregated information

- Aggregated volume

- Price

n/a

e)

 

Date of the transaction

 

2018-07-27

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Andrew Griffith

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Chief Operating Officer & Group Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Sky plc

b)

 

LEI

 

2138003TS48MQKF4BZ29

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

Ordinary Shares of 50 pence each in Sky plc 

 

 

ISIN: GB0001411924

 

b)

 

Nature of the transaction

 

Exercise of options under the Sky Sharesave Scheme at £7.08 per share.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£7.08

1,271

d)

 

Aggregated information

- Aggregated volume

- Price

n/a

e)

 

Date of the transaction

 

2018-07-27

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 


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