VIVENDI'S LICOYS NAMED TO BSKYB'S BOARD.LONDON--(BUSINESS WIRE)--Oct. 13, 1999-- British Sky Broadcasting British Sky Broadcasting (BSkyB — formerly two companies, Sky Television and BSB) is a company that operates Sky Digital, a subscription television service in the UK and the Republic of Ireland. It produces TV content, and owns several TV channels. Group plc (NYSE NYSE See: New York Stock Exchange :BSY), the UK-based pay-television broadcasting group, yesterday received notification from BSB Holdings Limited that, as a beneficial owner of not less than 7.5% of the issued share capital of BSkyB, they have exercised their right under the Articles of Association of the Company to appoint Eric Georges Licoys as a non-executive Director of BSkyB, with immediate effect. Eric Licoys is Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Vivendi and Chairman and CEO of HAVAS. He is also a director of a number of other major Vivendi Group Companies or companies in which Vivendi has a substantial interest including: Canal +, USFilter, Compagnie Generale d'Immobilier et de services (the group's real estate holding company) and CGEA (the group's waste and transport business). He is also a director of Intermediate Capital Group PLC. BSkyB ADRs (each equal to six ordinary shares) trade on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol BSY. BSkyB ordinary shares are listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. , and can be accessed on Reuters under the symbol BSY.L, and on Quotron and Bloomberg under the symbol BSY. Additional information is available on BSkyB's home page: http://www.skynow.co.uk. |
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