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NZME ( (NZMEF) ) has issued an announcement.
NZME Limited has cancelled 63,523 unquoted short-term performance share rights (STI PSRs) from its 2024 Total Incentive Plan after certain participants either left, or were due to leave, the company before the vesting date, meaning vesting conditions would not be met. The cancellation, authorised by a directors’ resolution dated 3 January 2026, represents 12.1% of that class of performance share rights and reduces the number of STI PSRs on issue in this tranche to 461,998, signalling an adjustment to the company’s short-term incentive exposure while leaving other performance share rights issued under separate grants unaffected.
More about NZME
NZME Limited is a New Zealand-based media company listed on the NZX, operating across print, radio, and digital platforms. The company focuses on news, entertainment, and advertising services, leveraging multi-channel media assets to reach consumers and commercial clients throughout the New Zealand market.
Find detailed analytics on NZMEF stock on TipRanks’ Stock Analysis page.