FilingReader Intelligence

Spark director adjusts holdings through incentive schemes

October 10, 2025 at 02:59 AM UTCBy FilingReader AI

Heather Langton, Spark NZ’s people and culture director, disclosed a series of transactions impacting her relevant interests in the company. On October 6, 2025, Langton converted 1,930 options into ordinary shares under the Spark NZ Long Term Incentive (LTI) Scheme. Concurrently, 28,943 options lapsed from her holdings under the same scheme. Following these changes, she disposed of 763 ordinary shares on the market to cover tax liabilities, receiving NZD 1,808.31.

Before these transactions, Langton held 40,567 ordinary shares and 181,561 options. After the conversion, lapse, and disposal, her holdings shifted to 41,734 ordinary shares and 152,618 options. The transactions involved no direct cash consideration for the conversion or lapse of options, as these were part of the LTI Scheme.

In addition to the recent activity, Langton’s total relevant interest in Spark NZ after the acquisition and disposal now includes 187,247 options and 41,734 ordinary shares. These holdings encompass options to acquire ordinary shares under both the Spark NZ LTI Scheme and Spark NZ Transformation Delivery Incentive Schemes.

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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