NZME Limited (NZX: NZM) NZ Markets Disciplinary Tribunal Censures

In relation to both censures released by the NZ Markets Disciplinary Tribunal today NZME Limited has, in a settlement agreed with NZX Limited and endorsed by the NZ Markets Disciplinary Tribunal, accepted the breaches set out and the penalties imposed.

As we said at the Annual Shareholders’ Meeting on Friday, NZME takes its obligations and responsibilities around continuous disclosure extremely seriously. At all times we strive to ensure the market is appropriately informed in a timely fashion.

In both instances addressed in the censures, NZME followed its compliance processes and sought and acted on specialist external legal advice at the time the disclosures were made. This is noted by the Tribunal in the censures as one of the relevant mitigating factors it took into consideration.

Please see the link below for details:

NZ Markets Disciplinary Tribunal Censures

Source: NZME Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

MNW - Senior management changes
June 19th Morning Report
GEN - Dividend Reinvestment Plan Strike Price
Scott Secures $27M in Global Contracts
June 18th Morning Report
June 17th Morning Report
PEB - Chair to Seek Re-Election; Director Nominations
Devon Funds Morning Note - 16 June 2025
TRU - Key Markets Update
THL receives unsolicited non-binding offer