SKT Sky Network Television Limited.

[kiora]

Freeview TV guide

https://freeviewnz.tv/tvguide/whats-...%3a00%3a00&st=

If there is no dish can stream Freeview using

https://freeviewnz.tv/stream-freeview/buy-smartvu-x/

[Sideshow Bob]

Here is the reason for no buyback recommencement........

https://www.nzx.com/announcements/419908

Sky pauses Share Buyback – Non Binding Indicative Offer received

On 31 March 2023 Sky Network Television Limited (Sky) announced an on-market share buyback programme. As contemplated by that announcement, Sky paused purchases under the programme prior to release of its full-year results on 24 August 2023.

Prior to expiry of the black out period during which the buyback programme was paused, Sky received a highly conditional, non-binding preliminary expression of interest from a third party to acquire all of the shares in Sky (NBIO).

Sky has commenced engagement with the potential acquirer, although discussions are at a very early stage. As such, there can be no certainty that any transaction will eventuate. Given it is a highly preliminary, incomplete and confidential proposal, Sky is only disclosing receipt of the NBIO at this time in response to enquiries as to the current status of the buyback programme, and, subject to its continuous disclosure obligations, does not propose to make any further comment at this stage.

In these circumstances, the board has continued the pause in Sky’s share buyback programme since release of the full-year results on 24 August 2023. Sky will confirm any recommencement of the buyback programme in due course.
ENDS

[Gerald]

Not price sensitive... Either a mistake or they are saying the offer is pretty spurious.

[Sideshow Bob]

https://www.stuff.co.nz/business/133...t-trading-halt

[Balance]

[QUOTE=Gerald;1025668]Not price sensitive... Either a mistake or they are saying the offer is pretty spurious.[/QUOT

I understand Sky is responding to queries from several shareholders as to the status of the share buyback - so need to disclose why.

Offer is highly conditional and confidential & at a preliminary stage - nothing to get too excited about (yet).

[mistaTea]

Not price sensitive... Either a mistake or they are saying the offer is pretty spurious.

Very interesting making an announcement when discussions are so early that a trading halt is not needed.

Maybe Sky trying to inflate the SP to either make this mystery buyer cough up more money (great outcome for shareholders) or they want to torpedo the deal.

They were not required to tell the market anything yet. How would you feel if you were the buyer?

[Balance]

Very interesting making an announcement when discussions are so early that a trading halt is not needed.

Maybe Sky trying to inflate the SP to either make this mystery buyer cough up more money (great outcome for shareholders) or they want to torpedo the deal.

They were not required to tell the market anything yet. How would you feel if you were the buyer?

This is you this morning?

[Jasemc]

Price sensitive now!

[mistaTea]

Price sensitive now!

So now they are in a trading halt?

What a fiasco.

[Balance]

So now they are in a trading halt?

What a fiasco.

Sort of fiasco we LOVE!