Grenon boosts stake in NZME, becoming more influential investor

James T. Grenon, a director of NZME Limited, has increased his substantial holding in the company, a disclosure made on September 15, 2025, revealed. On September 12, 2025, Grenon acquired an additional 3,700,000 ordinary shares for a cash consideration of $4,070,000.

Following this transaction, Grenon's total number of ordinary shares held in NZME has risen to 33,694,802, representing a 17.932% stake in the company. This is an increase from the 15.963% reported in his last disclosure on August 29, 2025. The total number of shares in the class remains 187,899,804.

This disclosure also serves as notice for directors' and senior managers' disclosure obligations, highlighting Grenon’s dual role as a significant investor and a company director. His address is listed as 700, 999 – 8 Street SW, Calgary, Alberta T2R 1J5, Canada, with Cam Deller as the contact person.