Spark NZ issues shares under long term incentive scheme

Spark New Zealand Limited has issued 48,750 ordinary shares under its Long Term Incentive (LTI) Scheme, as detailed in a capital change notice dated October 6, 2025. These shares were issued following the conversion of options, an action approved by the Spark NZ board on September 29, 2025. The new shares will rank pari passu with existing ordinary shares.

This issuance represents 0.003% of the total ordinary shares in Spark NZ, excluding treasury stock. Following this capital change, the total number of ordinary shares in the class stands at 1,890,109,281, with 4,954,401 options converted.

The company also noted that 4,330,976 options remain outstanding under the SPK LTI Scheme, along with 623,425 options under the SPK TDI Scheme, awaiting conversion. The transaction involved no monetary consideration for the newly issued shares.