FilingReader Intelligence

Takeovers panel investigates acquisition of NZME shares by Grenon

April 4, 2025 at 10:00 AM UTCBy FilingReader AI

The Takeovers Panel has convened a meeting to investigate the acquisition of shares in NZME Limited (NZX:NZM) by Mr James Grenon. The panel initiated preliminary inquiries into whether Grenon was associated with Caniwi Capital Partners Limited and Spheria Asset Management Pty Limited at the time the securities were acquired. Based on available information, the Panel considers there is a reasonable possibility that certain share acquisitions by Mr Grenon may not have been in compliance with rule 6(1)(a) of the Takeovers Code. The Panel met on April 4, 2025, and agreed to convene a meeting under section 32(1) of the Takeovers Act 1993 to determine compliance with the code.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:NZMNew Zealand Exchange

News Alerts

Get instant email alerts when NZME publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →