NZME director Steven Joyce doubles shareholding with on-market purchase

NZME ( (NZMEF) ) just unveiled an announcement.

NZME director Steven Leonard Joyce has increased his holding in the media company, with an on-market purchase of 50,000 ordinary shares for $55,500 on 26 March 2026. The transaction, disclosed to the NZX under ongoing disclosure rules, lifts Joyce’s interest from 50,965 to 100,965 shares, all to be registered under Rangitopuni Investments Limited, and signals a higher personal stake in the publisher’s future performance.

The notice confirms the trade did not occur during a closed trading period and involves no derivatives or complex instruments. While modest in scale relative to NZME’s overall capital base, additional director share buying can be read by investors as a vote of confidence in the company’s prospects and governance, potentially supporting sentiment toward the stock.

More about NZME

NZME Limited is a New Zealand-based media company listed on the NZX under ticker NZM. It operates across print, radio and digital platforms, focusing on news, entertainment and commercial advertising services for audiences and advertisers throughout the New Zealand market.

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