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NZME ( (NZMEF) ) has issued an announcement.
Spheria Asset Management Pty Ltd has lifted its substantial shareholding in NZME Limited, increasing its stake from 14.73% to 15.74% of the company’s ordinary shares. The portfolio manager acquired 1.9 million additional shares on 9 April 2026 for about NZ$2.0 million, consolidating its position as a significant institutional investor and signaling continued confidence in NZME’s prospects for other shareholders and the market.
More about NZME
NZME Limited is a New Zealand-based media company listed on the NZX and ASX, operating primarily in news, radio, and digital media. It provides advertising and content services across print, audio, and online platforms, targeting audiences and advertisers in the New Zealand market.
For detailed information about NZMEF stock, go to TipRanks’ Stock Analysis page.