FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a - 16 or 15d - 16 of
the Securities Exchange Act of 1934
For the month of August, 2003
13 August, 2003
BRITISH SKY BROADCASTING GROUP PLC
(Name of Registrant)
Grant Way, Isleworth, Middlesex, TW7 5OD England
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): Not Applicable
EXHIBIT INDEX
Exhibit
EXHIBIT NO.1 Press release of British Sky Broadcasting Group plc
announcing Director Shareholding released on 13 August, 2003
STOCK EXCHANGE ANNOUNCEMENT BY BRITISH SKY BROADCASTING PLC
On 3 November 2002 50% of awards made in November 2000 under the Company's Long
Term Incentive Plan vested, following the full satisfaction of the related
performance conditions. 400,000 shares in respect of Tony Ball and 200,000
shares in respect of Martin Stewart became exercisable.
On 30 June 2003 the final 50% of the awards made in November 2000 under the
Company's Long Term Incentive Plan vested, following the full satisfaction of
the related performance conditions. A further 400,000 shares in respect of Tony
Ball and 200,000 shares in respect of Martin Stewart became exercisable.
On 30 June 2003 50% of the awards made in 2001 under the Company's Long Term
Incentive Plan vested, following the full satisfaction of the related
performance conditions. 400,000 shares in respect of Tony Ball and 200,000
shares in respect of Martin Stewart became exercisable.
The Company has today received notification that on 12 August 2003 Tony Ball and
Martin Stewart exercised those vested awards and subsequently disposed of the
ordinary shares received being 1,200,000 and 600,000 ordinary shares
respectively, at a share price of 710.5 pence per ordinary share.
The Company has also received notification that on 12 August 2003 Tony Ball
exercised an option under the Company's Executive Share Option Scheme as to
5,145 ordinary shares under the Approved Executive Share Option Scheme at an
exercise price of 583 pence per share and 594,855 ordinary shares under the
Unapproved Executive Share Option Scheme at an exercise price of 583 pence per
share, these shares were subsequently sold on 12 August 2003 at a price of 710.5
pence per ordinary share.
The Company has also received notification that share awards were made under the
Company's Long Term Incentive Plan and the British Sky Broadcasting Group Equity
Bonus Plan on 13 August 2003 at a nil cost per ordinary share. The maximum
number of shares that may be acquired by the Directors are as follows:
Tony Ball 500,000 shares
Martin Stewart 275,000 shares
These awards will vest in full in July 2006 provided that certain performance
criteria are satisfied.
Tony Ball and Martin Stewart have the following options, including today's
awards, outstanding with the Company:
Tony Ball Martin Stewart
Executive Share Option Scheme 600,000
Long Term Incentive Plan & Equity Bonus Plan 1,535,152 792,576
END
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.
BRITISH SKY BROADCASTING GROUP PLC
Date: 13 August, 2003 By: /s/ Dave Gormley
Dave Gormley
Company Secretary