Spark NZ director Matthew Bain increases share options

Matthew Bain, Spark NZ’s data and marketing director, has acquired 144,957 options for ordinary shares across two transactions dated September 22, 2025. These acquisitions comprise 96,638 options issued under the Spark New Zealand Long Term Incentive (LTI) scheme and an additional 48,319 options from the Transformation Delivery Incentive (TDI) scheme. These transactions relate to his services as an employee of Spark New Zealand.

Prior to these transactions, Bain held 159,613 LTI options and no TDI options. Following the acquisition, his total holdings now stand at 256,251 LTI options and 48,319 TDI options. The disclosure indicates that no financial products were acquired or disposed of during a closed period.

In addition to the options, Matthew Bain also holds other relevant interests including 1,620 ordinary shares subject to restrictions under the Spark NZ Employee Share Purchase Scheme and 18,415 ordinary shares held by Sharesies Nominee Limited. The current registered holder for the newly acquired options is Matthew Bain himself, once transfers are registered.