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Mercury NZ Ltd. ( (MGHTF) ) has shared an announcement.
Mercury NZ Limited has issued an Ongoing Disclosure Notice concerning its Chief Executive, Stewart Hamilton. The notice details the acquisition of additional ordinary shares by Hamilton, increasing his holdings from 4,264 to 7,823 shares. This disclosure is part of the company’s compliance with the Financial Markets Conduct Act 2013, ensuring transparency in the trading activities of its senior management. The increase in shareholding by the Chief Executive may reflect confidence in the company’s future performance and could have implications for investor perceptions.
More about Mercury NZ Ltd.
Mercury NZ Limited is a company that generates electricity from 100% renewable sources, including hydro, geothermal, and wind. It also provides retail services for electricity, gas, broadband, and mobile services. The company is listed on both the New Zealand Stock Exchange and the Australian Stock Exchange under the ticker symbol ‘MCY’, and the New Zealand Government holds a minimum 51% shareholding in the company.
Technical Sentiment Signal: Hold
Current Market Cap: $4.57B
See more data about MGHTF stock on TipRanks’ Stock Analysis page.