UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): SEPTEMBER 23, 2015

 

SCRIPPS NETWORKS INTERACTIVE, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Ohio

1-34004

61-1551890

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

9721 Sherrill Boulevard

Knoxville, Tennessee

 

37932

(Address of Principal Executive Offices)

 

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (865) 694-2700

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

Item 8.01 Other Events.

 

As previously reported by Scripps Networks Interactive, Inc. (the “Company”) on a Current Report on Form 8-K, on September 3, 2015, Southbank Media, Ltd., an indirect wholly-owned subsidiary of the Company (“Southbank”), filed with the Polish Financial Supervision Authority (the “PFSA”) the squeeze-out documentation required under Polish law to effect a mandatory squeeze-out of the remaining shareholders in TVN by acquiring all of their shares in TVN at a price of 20.00 Polish Zloty (“PLN”) per TVN share, or approximately PLN 84.0 million in the aggregate (the “Squeeze-out”). In accordance with Polish law, following PFSA’s review of the squeeze-out documentation, a 5-day squeeze-out subscription period commenced on September 23, 2015, during which period Southbank will acquire all of the TVN shares it currently does not own from the remaining TVN shareholders. Additionally, in accordance with applicable Polish law, on September 23, 2015, the Warsaw Stock Exchange (the “WSE”) suspended trading in TVN shares.

The Squeeze-out is expected to be completed on September 28, 2015, following which Southbank intends to delist TVN’s shares from the WSE. The timing of such delisting has not yet been determined.  

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

SCRIPPS NETWORKS INTERACTIVE, INC.

 

 

 

 

Date: September 28, 2015

 

By:

/s/ Lori A. Hickok

 

 

 

Lori A. Hickok

 

 

 

Executive Vice President and Chief Financial Officer

 

 

 

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