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Kiwi Property Group ( (KWIPF) ) just unveiled an update.
Kiwi Property Group has disclosed changes to the securities held by its former chief financial officer, Steven Edward Penney, in line with ongoing disclosure requirements under the Financial Markets Conduct Act 2013. The disclosure records the cancellation, at nil consideration, of Penney’s performance share rights and restricted share rights following the cessation of his employment, while confirming his remaining holding of 293,124 ordinary shares in the company.
The notice, lodged with NZX on 30 March 2026, details two transactions in which all of Penney’s outstanding employee share right entitlements were cancelled, reflecting the unwinding of incentive arrangements tied to his executive role. The update clarifies his current equity exposure to Kiwi Property, providing transparency for investors regarding insider holdings and ensuring compliance with the market’s governance and reporting standards.
More about Kiwi Property Group
Kiwi Property Group Limited is a New Zealand listed company focused on owning, developing and managing property assets. It operates within the listed issuer framework of the NZX, with its securities subject to New Zealand financial markets regulations and disclosure requirements for directors and senior managers.
See more data about KWIPF stock on TipRanks’ Stock Analysis page.