Sharechat Logo

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

Tuesday 20th April 2021

Text too small?

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



  General Finance Advertising    

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.

Related News:

SML - Synlait Milk Limited - Trading Halt of Securities
AIA - Auckland Airport announces board chair changes
AIA - Auckland Airport announces board chair changes
CEN - Tauhara commissioning progress update
FPH initiates voluntary limited recall
March 28th Morning Report
KFL Celebrates 20 Years of Excellence in Investment Mgmt.
SVR - Savor FY24 Earnings Guidance & Change in Banking Partner
NZK - NZ King Salmon Investments Limited FY24 Results
March 27th Morning Report