NZME Ltd. Completes Share Issuance Under Incentive Plan

NZME Ltd. (NZMEF) has released an update.

NZME Ltd. has announced the issuance of 1,219,343 ordinary shares under its 2021 total incentive plan, marking the complete exercise of performance rights for that tranche. This move, authorized by the company’s directors, represents 0.65% of the total class of financial products, contributing to a growing interest in the company’s stock. These shares are fully paid and rank equally with existing shares, providing a unique opportunity for investors interested in NZME’s market strategy.

For further insights into NZMEF stock, check out TipRanks’ Stock Analysis page.