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

$1.075

+0.0%
Market Cap

$202.3M

P/E Ratio

15.4x

EPS

$0.070

Div. Yield

11.68%

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

1 Jul 2026 Neutral

Issue of Performance Rights

NZME Limited issued 736,743 long-term performance share rights (LTI PSRs) on 30 June 2026 under its Total Incentive Plan 2026 Grant, with no consideration payable. Upon vesting after 31 December 2028 (subject to performance conditions over a three-year period), each LTI PSR will convert to one ordinary NZME share at an exercise price of $0.

1 Jul 2026 Insider Neutral

Ongoing Disclosure Notice

Johanna Leath Hempstead, Chief Financial Officer of NZME Limited, was granted 45,908 performance share rights on 30-Jun-26 under the NZME 2026 Total Incentive Plan, which may convert to ordinary shares on a one-for-one basis upon vesting after the deferral period.

1 Jul 2026 Insider Neutral

Ongoing Disclosure Notice

Michael Raymond Boggs, CEO of NZME Limited, was granted 257,444 performance share rights on 30 June 2026 under the NZME 2026 Total Incentive Plan - LTI, which may convert on a one-for-one basis to ordinary shares if they vest.

15 Jun 2026 Sph Neutral

SPH Notice - Osmium Partners, LLC

Osmium Partners, LLC changed substantial holding from 4.943% to 5.553%.

29 May 2026 Neutral

Resignation of Director

Carol Campbell has resigned as a Director of NZME Limited effective 31 May 2026, after 10 years of service. Kate Parsons will assume the role of Chair of the Audit and Risk Committee immediately.

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%.

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