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NZME Ltd. ( (NZMEF) ) has issued an announcement.
NZME Limited has released a new letter from JTG 4 Limited, owned by Jim Grenon, regarding proposed changes to the NZME Board. The letter, which is part of a contested board nomination process, suggests adding four new board members after the Annual Shareholders’ Meeting, in addition to Grenon’s nominees. The NZME Board emphasizes its commitment to protecting shareholder value and ensuring shareholders have accurate information for decision-making at the upcoming meeting.
More about NZME Ltd.
NZME Limited operates in the media and entertainment industry, providing news, entertainment, and digital media services across New Zealand. The company focuses on delivering content through various platforms, including print, radio, and online channels, catering to a diverse audience.
YTD Price Performance: 9.55%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $124.8M
For detailed information about NZMEF stock, go to TipRanks’ Stock Analysis page.