FilingReader Intelligence
Mercury NZ executive bonuses lapse on missed targets
August 21, 2025 at 04:59 AM UTC•By FilingReader AI
Mercury NZ Limited cancelled 348,101 performance share rights on August 19 after executives failed to meet targets under the company's 2019 long-term incentive plan.
The lapsed rights reduce Mercury NZ's total performance share rights to 462,934. The company's ordinary shares remain unchanged at 1.4 billion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:MCY•New Zealand Exchange
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