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NZME CEO Michael Boggs Lifts Shareholding Through Incentive Plan Issue

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NZME CEO Michael Boggs Lifts Shareholding Through Incentive Plan Issue

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NZME ( (NZMEF) ) just unveiled an update.

NZME chief executive Michael Boggs has increased his direct shareholding in the media group through the automatic exercise of 157,833 share rights under the company’s 2024 Total Incentive Plan short-term incentive scheme, issued for no cash consideration. Following the issuance, Boggs holds 3,146,607 ordinary shares as registered holder and beneficial owner, alongside substantial long-term incentive performance share rights across NZME’s 2023, 2024 and 2025 Total Incentive Plan tranches, underscoring a remuneration structure that further aligns executive interests with shareholder value.

More about NZME

NZME Limited is a New Zealand-based media company listed on the NZX, operating across print, radio and digital platforms. It provides news, entertainment and advertising solutions to consumers and businesses, with a strong focus on the domestic media and communications market.

For an in-depth examination of NZMEF stock, go to TipRanks’ Overview page.

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