FilingReader Intelligence

Former director reduces stake in Mercury NZ

November 11, 2025 at 04:14 AM UTCBy FilingReader AI

Michael John Taitoko, a former non-executive director of Mercury NZ Limited, has reduced his direct and beneficial interest in the company. On November 4, 2025, 2,200 ordinary shares were transferred from Mr. Taitoko to Sharsies Nominee Limited, acting as custodian. This transfer did not involve any monetary consideration.

Following this initial transfer, 2,000 ordinary shares were subsequently sold by Sharsies Nominee Limited on behalf of Mr. Taitoko for NZD 13,020. This sale occurred after Mr. Taitoko ceased his role as a non-executive director. Before these transactions, Mr. Taitoko held 2,200 shares.

After the transfer and partial sale, Mr. Taitoko's remaining beneficial interest in Mercury NZ Limited stands at 200 ordinary shares, held under Sharsies Nominee Limited.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:MCYNew Zealand Exchange

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