tiprankstipranks
Trending News
More News >

NZME Cancels 97,839 Performance Share Rights Due to Unmet Conditions

Story Highlights
NZME Cancels 97,839 Performance Share Rights Due to Unmet Conditions

Confident Investing Starts Here:

The latest update is out from NZME ( (NZMEF) ).

NZME Limited announced the cancellation of 97,839 long-term performance share rights (LTI PSRs) under its Total Incentive Plan 2023 due to certain participants ceasing employment before the vesting date, resulting in unmet vesting conditions. This cancellation represents 12% of the financial products in that class, reflecting a strategic adjustment in their incentive plan management.

More about NZME

NZME Limited operates in the media industry, providing a range of services including radio broadcasting, publishing, and digital media platforms. The company focuses on delivering news, entertainment, and advertising solutions across New Zealand.

See more insights into NZMEF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1