NZME Ltd. ( (NZMEF) ) has issued an announcement.
NZME Ltd. has announced the issuance of 579,604 unquoted performance share rights (PSRs) as part of its Total Incentive Plan 2024 Short Term Incentive component. These PSRs, which are convertible to ordinary shares, were issued without consideration and are subject to performance conditions. The issuance aims to align employee incentives with company performance, potentially impacting stakeholder interests by motivating improved operational outcomes.
More about NZME Ltd.
NZME Ltd. operates in the media industry, offering a range of products and services including news, entertainment, and digital media platforms. The company focuses on delivering content across various channels to engage audiences and advertisers in New Zealand.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $111.9M
Learn more about NZMEF stock on TipRanks’ Stock Analysis page.