NZME Limited Ordinary Shares

NZM.NZX

Communication Services

NZME is a leading integrated media company in New Zealand, with a portfolio of publishing, radio, digital and e-commerce brands including the New Zealand Herald, NewstalkZB and GrabOne. NZME was demergered from its parent, APN News & Media in June 2016. It is listed on NZX under the code of NZM from 27 June 2016.

Market Data

Price

$1.110

+0.0%
Market Cap

$208.9M

P/E Ratio

15.9x

EPS

$0.070

Div. Yield

11.42%

52-Week Change

-0.1%

Latest Earnings

Annual Shareholders' Meeting Results

22 April 2026

NZME Limited held its 2026 Annual Shareholders' Meeting on 22 April 2026, passing three of four resolutions. Board-appointed directors Bowen Pan and Kate Parsons were elected with near-unanimous support (~99.97% and ~99.96% respectively), while shareholder-nominated candidate Benedict Ong was overwhelmingly rejected (98.15% against). No financial results or guidance were presented at this meeting. Key points: Bowen Pan elected as director with 99.97% shareholder support; Kate Parsons elected as director with 99.96% shareholder support; Auditor fee authorisation passed with 99.91% support

Recent Announcements

22 Apr 2026 Actual Results Neutral

Annual Shareholders' Meeting Results

NZME Limited held its 2026 Annual Shareholders' Meeting on 22 April 2026, passing three of four resolutions. Board-appointed directors Bowen Pan and Kate Parsons were elected with near-unanimous support (~99.97% and ~99.96% respectively), while shareholder-nominated candidate Benedict Ong was overwhelmingly rejected (98.15% against). No financial results or guidance were presented at this meeting. Key points: Bowen Pan elected as director with 99.97% shareholder support; Kate Parsons elected as director with 99.96% shareholder support; Auditor fee authorisation passed with 99.91% support

22 Apr 2026 Supplementary Neutral

Annual Shareholders' Meeting Presentation and Addresses

NZME Limited held its 2026 Annual Shareholders' Meeting on April 22, 2026, where Chair Steven Joyce and CEO Michael Boggs presented the company's 2025 financial results and strategic updates. NZME reported a return to statutory profit of $13.1 million (versus a $16 million loss in 2024), operating revenue of $345.1 million, and declared total dividends of 9 cents per share, while highlighting strong audience reach across its audio, publishing, and OneRoof property divisions despite challenging market conditions.

13 Apr 2026 Sph Neutral

SPH Notice - Spheria Asset Management Pty Ltd

Spheria Asset Management Pty Ltd changed substantial holding from 14.7320% to 15.7416%.

7 Apr 2026 Sph Neutral

SPH Notice - Spheria Asset Management Pty Ltd

Spheria Asset Management Pty Ltd changed substantial holding from 19.1248% to 14.7320%.

31 Mar 2026 Sph Neutral

SPH Notice - Pinnacle Investment Management Group Limited

Pinnacle Investment Management Group Limited changed substantial holding from 9.0886% to 8.0003%.

27 Mar 2026 Insider Neutral

Ongoing Disclosure Notice

James Terrence Omer Grenon, a director of NZME Limited, acquired 1,780,123 ordinary shares on 26 March 2026 for $1,984,837.15 through an on-market purchase, increasing his holding from 35,694,802 to 37,474,925 shares, with the shares to be registered to JTG 4 Limited.

27 Mar 2026 Insider Neutral

Ongoing Disclosure Notice

Director Steven Leonard Joyce acquired 50,000 ordinary shares in NZME Limited on 26 March 2026 for $55,500 through an on-market purchase, increasing his holding from 50,965 to 100,965 shares, with the shares to be registered under Rangitopuni Investments Limited.

26 Mar 2026 Insider Neutral

Ongoing Disclosure Notice

Catherine Louise Parsons, a director of NZME Limited, acquired 20,000 ordinary shares (NZX:NZM) on 25 March 2026 for $22,352.00 through an on-market purchase, increasing her holding from zero to 20,000 shares.

26 Mar 2026 Insider Neutral

Ongoing Disclosure Notice

David Wylie Mackrell, former Chief Financial Officer of NZME Limited, had 148,747 performance share rights cancelled on 26-Mar-26 under the NZME 2023 Total Incentive Plan. Following this cancellation, Mackrell holds 713,285 ordinary shares in NZME Limited and zero performance share rights.

26 Mar 2026 Insider Neutral

Ongoing Disclosure Notice

Michael Raymond Boggs, CEO of NZME Limited, had 395,364 performance share rights cancelled on 26 March 2026 under the NZME 2023 Total Incentive Plan, which would have converted to ordinary shares on a one-for-one basis upon vesting. He retains other performance share rights and ordinary share holdings across multiple incentive plans.

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