Port of Tauranga acquires shares for employee scheme
Port of Tauranga Limited has acquired 16,117 ordinary shares under its Employee Share Purchase Scheme (ESOP), effective September 9, 2025. The shares were acquired at a nominal value of NZ$1.00 each and an acquisition price of NZ$7.56 per security, representing a fully paid cash transaction. This acquisition accounts for 0.002% of the total class of financial products, excluding treasury stock.
Following this transaction, the total number of ordinary shares of the class stands at 680,267,915, with 313,315 shares held as treasury stock. The shares acquired will be held in trust for employees for a three-year period as part of the ESOP, a decision authorized by a board resolution.
The announcement was made by Simon Kebbell, chief financial officer, and is scheduled for release on September 10, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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