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Auckland Airport boosts employee ownership with share scheme

November 16, 2025 at 07:49 PM UTCBy FilingReader AI

Auckland International Airport Limited (AIA) announced the quotation of 156,100 ordinary fully paid foreign exempt NZX shares, issued on November 12, 2025, under its Employee Share Purchase Plan. These shares were issued at a weighted average price of NZD 7.9850 per share, totaling NZD 997,166.80 in financial assistance provided as interest-free loans to eligible employees. Following this issuance, the total number of quoted ordinary shares on issue for AIA is 1,695,129,603.

The ESS Plan, established via a trust deed in November 1999 and amended in October 2018, facilitates employee share acquisition through interest-free loans. Shares are held in trust by the ESS Plan Trustees for a restricted three-year period, ranking equally with existing fully paid ordinary shares from their issue date. This initiative aligns with section 80 of the Companies Act 1993, enhancing employee ownership.

In other company news, Auckland Airport reported a 2% increase in total international passenger movements to 875,870 in October 2025 compared to the prior year. Domestic passenger movements also saw a 1% rise to 732,521 for the month. Queenstown Airport, also part of the Auckland Airport group, experienced an 8% increase in international passenger numbers and a 6% increase in domestic passengers for the same period, signaling continued recovery and growth in air travel.

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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