Sky Network Television Limited Ordinary Shares

SKT.NZX

Communication Services

The company was formed in 2005 to facilitate the merger of listed companies Sky Network Television Ltd and Independent Newspapers Ltd (which held 78.4% of Sky). Under the merger scheme, MergeCo was to acquire all of the shares in INL and all of the Sky minority shares. INL and Sky would then be amalgamated into MergeCo to create a single listed entity for the Sky business. MergeCo then would be renamed "Sky Network Television Ltd" and conduct Sky's existing and ongoing business. For each Sky share, holders received one ordinary share in MergeCo and $1.28 cash. For each INL share, holders received 0.8360 of an ordinary share in MergeCo and $1.78 cash. SKT dervies the majority of its revenue through residential satellite subscriptions with other revenue coming from UHF subscriptions, other types of SKY subscription, installation and advertising.

Market Data

Price

$3.270

+0.0%
Market Cap

$450.2M

P/E Ratio

6.1x

EPS

$0.540

Div. Yield

12.14%

52-Week Change

+0.1%

Recent Announcements

22 Jul 2026 Date Announcement Neutral

FY26 Annual Results - announcement date

Sky Network Television Limited announced it will release its full year financial results for the year ending 30 June 2026 on Friday 28 August 2026, followed by an audio webcast briefing for investors and analysts at 11:30am NZDT.

9 Jul 2026 Sph Neutral

SPH Notice - FirstCape Group Limited

FirstCape Group Limited disclosed a change in substantial holding (5.086%).

8 Jul 2026 Sph Neutral

SPH Notice - FirstCape Group Limited

FirstCape Group Limited changed substantial holding from 4.996% to 5.772%.

7 Jul 2026 Neutral

Sky secures NRL rights in exclusive seven-year partnership

Sky New Zealand has secured an exclusive seven-year broadcast partnership with the Australian Rugby League Commission for NRL rights from January 2028 to December 2034, ensuring comprehensive coverage of NRL, NRLW, Warriors matches, and State of Origin games across its platforms. The agreement is conditional on Sky shareholder approval by special resolution at the Annual Shareholder Meeting.

19 Jun 2026 Sph Neutral

SPH Notice - Investment Services Group Limited

Investment Services Group Limited changed substantial holding from 3.35% to 5.363%.

29 May 2026 Neutral

Capital Change Notice

Sky Network Television Limited issued 927,091 Performance Share Rights (PSRs) under its Long Term Incentive Plan across three grant years (FY24-FY26), with each PSR convertible to one ordinary share at no cash consideration upon vesting and satisfaction of service and performance conditions; if all PSRs vest and are exercised, the resulting share issuance would represent 0.673% of Sky's ordinary shares currently on issue.

26 May 2026 Insider Neutral

Ongoing Disclosure Notice - Keith Smith

Keith Raymond Smith, a director of Sky Network Television Limited, acquired 116,000 ordinary shares on-market on 20-22 May 2026 for total consideration of $360,794.30, increasing his directly held shareholding from zero to 100,000 shares and his indirect relevant interest via Lily Wong from 8,333 to 24,333 shares.

19 May 2026 Sph Neutral

SPH Notice - New Zealand Superannuation Fund Nominees Ltd

New Zealand Superannuation Fund Nominees Ltd changed substantial holding from 9.825% to 8.778%.

14 May 2026 Insider Neutral

Ongoing Disclosure Notice - Philip Bowman

Philip Bowman, a Director of Sky Network Television Limited, acquired 43,330 ordinary shares on 12 May 2026 for $137,789.40, increasing his holding from 806,670 to 850,000 shares.

1 Apr 2026 Insider Neutral

Ongoing Disclosure Notice - Sophie Moloney

Sophie Moloney, Chief Executive Officer of Sky Network Television Limited, acquired 31,500 ordinary shares in three on-market transactions between 24-26 March 2026, increasing her holding from 300,361 to 331,861 shares, for total consideration of $98,909.00.

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