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Contact Energy Limited ( (COENF) ) has provided an update.
Contact Energy has disclosed that its chief financial officer, Matthew James Forbes, has modestly increased his personal stake in the company through participation in a recent placement offer. Forbes acquired 214.69 ordinary shares for NZ$1,878.56 on 20 February 2026, lifting his direct holding to 9,492.69 shares in addition to an unchanged entitlement under the employee share ownership plan.
The transaction, which did not occur during a closed trading period, underscores ongoing alignment between senior management and shareholders through equity participation. The disclosure continues the company’s compliance with New Zealand’s financial markets rules on timely reporting of insider share dealings, offering transparency for investors monitoring governance and insider confidence in Contact Energy’s prospects.
More about Contact Energy Limited
Contact Energy Limited is a New Zealand-based electricity generator and retailer, supplying power and related energy services to residential, commercial and industrial customers. The company operates within the country’s regulated energy and financial markets, where director and senior manager trading in company shares is subject to specific disclosure requirements.
See more data about COENF stock on TipRanks’ Stock Analysis page.