TIDMSKY

RNS Number : 5083X

Sky PLC

28 August 2015

Co-Investment Plan

Sky plc (the "Company")

On 28 August 2015, pursuant to the Company's Co-Investment Plan (the "Plan"), Jeremy Darroch, Chief Executive, and Andrew Griffith, Chief Financial Officer, each elected to invest their maximum entitlement to purchase ordinary shares ('shares') in the Company. As a result Jeremy Darroch has purchased 49,809 shares and Andrew Griffith has purchased 23,519 shares in the Company at a price of 1,042 pence per share.

Under the terms of the Plan, Jeremy Darroch and Andrew Griffith have received an award of up to a maximum of 141,758 and 66,938 matching shares respectively, at nil cost per share, in relation to the above shares that they have purchased under the Plan. These awards will vest on 28 August 2018, dependent upon the achievement of a target level of growth in the Company's earnings per share in the three year period to 30 June 2018.

The Company was also notified that Jeremy Darroch and Andrew Griffith had each exercised a Co-Investment Plan Matching Award granted in 2012 which vested in full on 28 August 2015, as a result of the Plan exceeding its target growth in earnings per share for the period ended 30 June 2015.

Jeremy Darroch exercised and disposed of 184,149 shares and Andrew Griffith exercised and disposed of 84,713 shares at 1,042 pence per share. Andrew Griffith also disposed of 26,919 shares at 1,042 pence per shares, which were acquired in 2012 as a match under the Plan and were released on 28 August 2015 when the Matching Award vested.

Following these transactions, Jeremy Darroch holds a total of 628,078 shares and Andrew Griffith holds a total of 143,267 shares in the Company.

These transactions took place in London.

Contacts:

Investor Relations:

Ed Steel - Head of Investor Relations

020 7032 2093

Ed.Steel@sky.uk

Corporate Communications:

Eleanor Mills - Senior Corporate Communications Manager

020 7032 6615

Eleanor.Mills@sky.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

August 28, 2015 10:16 ET (14:16 GMT)

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