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Spark NZ Director Updates Shareholding Under LTI Scheme

Story Highlights
  • Spark New Zealand operates in telecommunications, offering mobile and broadband services.
  • Director Leela Ashford converted options and disposed shares under Spark NZ’s LTI Scheme.
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Spark NZ Director Updates Shareholding Under LTI Scheme

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Spark New Zealand Limited ( (AU:SPK) ) has issued an update.

Spark New Zealand Limited disclosed changes in the relevant interests of its Corporate Relations & Sustainability Director, Leela Ashford, involving the conversion of options into ordinary shares, the lapse of some options, and the disposal of shares to cover tax liabilities under the company’s Long Term Incentive Scheme. These transactions reflect internal adjustments related to executive compensation and do not indicate any immediate operational or strategic shifts for the company.

More about Spark New Zealand Limited

Spark New Zealand Limited operates in the telecommunications industry, offering a range of services including mobile, broadband, and digital solutions, primarily focusing on the New Zealand market.

Average Trading Volume: 1,765,725

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$3.97B

For detailed information about SPK stock, go to TipRanks’ Stock Analysis page.

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