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:

Pictor Limited Announces Start of US Clinical Trials for SARS-CoV-2 Serology Test
Arvida Group Limited (NZX: ARV) Opening of Rights Offer
Move Logistics Group Limited (NZX: MOV) Announces $40m Capital Raise
27th October 2021 Morning Report
The a2 Milk Company Limited (NZX: ATM) Investor Day 2021
Contact Energy Limited (NZX: CEN) Considers Green Capital Bond Offer
Tourism Holdings Limited (NZX: THL) Sells Mighway and SHAREaCAMPER to Camplify
26th October 2021 Morning Report
Harmoney Corp Limited (NZX: HMY) Prices $105m Inaugural ABS Transaction
New Zealand Rural Land Company Limited (NZX: NZL) Agreement to acquire large scale dairy asset portfolio