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Wednesday 9th September 2026 |
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AUCKLAND, 9 September 2026: Transportation technology services company EROAD Limited (NZX/ASX: ERD) advises that it has today released ongoing disclosure notices in relation to trades undertaken under the Directors’ Fixed Trading Plan, which was announced to the market on 17 November 2025.
Under the Directors’ Fixed Trading Plan, directors are required to apply 50% of their remuneration (after tax) towards the on-market purchase of EROAD ordinary shares, with the remaining 50% paid to directors in cash (after any required tax withholding). The net amount applied to the plan is accumulated and paid periodically to an independent broker, who acquires shares on market on behalf of each director over a defined trading window, with no discretion or influence by directors over the timing or execution of trades. Directors are responsible for all brokerage fees associated with the acquisition of shares and for their personal tax obligations. Shares acquired under the plan must be held for the duration of a director’s tenure and for six months thereafter (subject to limited exceptions). The Company assists directors to meet applicable disclosure requirements.
Further information on director remuneration arrangements will be disclosed in EROAD’s FY27 Remuneration Report.
ENDS
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