July 25, 2014 / 2:05 PM / in 3 years

BRIEF-BSkyB raises 1.4 bln stg via placing

July 25 (Reuters) - British Sky Broadcasting Group Plc :

* Results of placing

* Total of 156,132,213 new ordinary shares in BSkyB have been placed by Barclays Bank Plc

* Raising total gross proceeds of 1,358,350,253 stg for company

* At a price of 870 pence per placing share

* Barclays and Morgan Stanley acted as joint bookrunners and joint corporate brokers in respect of placing

* 21st Century Fox, 39.14 pct shareholder in BSkyB, subscribed for 61.1 million placing shares for a total consideration of 531.6 million stg

* Placing shares being issued represent approximately 9.99 percent of co’s issued ordinary share capital prior to placing Source text for Eikon: Further company coverage:

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