BN 07/25 06:01 *BSKYB PLACING 156.1M SHRS TO PART FUND PROPOSED ACQUISITIONS
BN 07/25 06:01 *BSKYB PLACING OF 156.1M SHRS
BN 07/25 06:00 *BSKYB BSY PLACING OF NEW ORDINARY SHRS
BN 07/25 06:01 *BSKYB PLACING OF 156.1M SHRS
BN 07/25 06:00 *BSKYB BSY PLACING OF NEW ORDINARY SHRS
BSkyB Placing 156.1m Shrs to Part Fund SkyD, Sky Italia Deals
2014-07-25 06:11:27.572 GMT
By Gaurav Panchal
July 25 (Bloomberg) -- BSkyB to place 156.1m new ordinary
shares, representing ~9.99% of BSkyB’s existing capital, with
both existing investors and new institutional investors to part
fund the acquistions of Sky Italia, Sky Deutschland.
* 21st Century Fox, the 39.14% shareholder in BSkyB, has
undertaken to subscribe for 61.1m placing shares so as to
maintain existing percentage shareholding in co.
* 21st Century Fox agrees that it will not exceed more
than 37.19% of voting rights at any time exercisable at
a general meeting of BSkyB
* Placing shares, other than the 21st Century Fox Placing
Shares, fully underwritten by Barclays and Morgan Stanley
* Statement:{NSN N997DI3HBS3O <GO>}
* Earlier: BSkyB to Buy 100% of Fox’s Sky Italia Stake, Swap
NatGeo Stake {NSN N997NJ6TTDSN <go>}
* BSkyB Offers EU6.75-Shr for Sky Deutschland {NSN
N997176TTDS1 <go>}
Link to Company News:{BSY LN <Equity> CN <GO>}
Link to Company News:{FOXA US <Equity> CN <GO>}
Link to Company News:{SKYD GR <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-7392-0511 or
gpanchal2@bloomberg.net
2014-07-25 06:11:27.572 GMT
By Gaurav Panchal
July 25 (Bloomberg) -- BSkyB to place 156.1m new ordinary
shares, representing ~9.99% of BSkyB’s existing capital, with
both existing investors and new institutional investors to part
fund the acquistions of Sky Italia, Sky Deutschland.
* 21st Century Fox, the 39.14% shareholder in BSkyB, has
undertaken to subscribe for 61.1m placing shares so as to
maintain existing percentage shareholding in co.
* 21st Century Fox agrees that it will not exceed more
than 37.19% of voting rights at any time exercisable at
a general meeting of BSkyB
* Placing shares, other than the 21st Century Fox Placing
Shares, fully underwritten by Barclays and Morgan Stanley
* Statement:{NSN N997DI3HBS3O <GO>}
* Earlier: BSkyB to Buy 100% of Fox’s Sky Italia Stake, Swap
NatGeo Stake {NSN N997NJ6TTDSN <go>}
* BSkyB Offers EU6.75-Shr for Sky Deutschland {NSN
N997176TTDS1 <go>}
Link to Company News:{BSY LN <Equity> CN <GO>}
Link to Company News:{FOXA US <Equity> CN <GO>}
Link to Company News:{SKYD GR <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the editor responsible for this story:
Gaurav Panchal at +44-20-7392-0511 or
gpanchal2@bloomberg.net