Port of Tauranga acquires shares for employee scheme
Port of Tauranga Limited (NZX:POT) has reported the acquisition of 17,318 ordinary shares at NZ$7.65 per security. This cash transaction, representing 0.003% of the total class of financial products (excluding treasury stock), was executed on September 10, 2025. The nominal value of each acquired share was NZ$1.00.
The acquisition was part of the company's Employee Share Purchase Scheme (ESOP), authorized by a board resolution. These shares will be held in trust for employees for a three-year period as outlined by the ESOP terms. Following this acquisition, the total number of ordinary shares of the class (excluding treasury stock) stands at 680,267,915, with 313,315 shares held as treasury stock. The company confirmed these newly acquired shares will not be held as treasury stock.
Simon Kebbell, chief financial officer, is the authorized contact person for this announcement, released through MAP on September 11, 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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