Spark NZ director adjusts share, option holdings after LTI scheme activity

Heather Langton, people and culture director at Spark New Zealand, has reported changes to her relevant interests in the company's ordinary shares and options. 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 under the same scheme, alongside the disposal of 763 ordinary shares on the market to cover tax liabilities, yielding NZD 1,808.31.

Before these transactions, Langton held 40,567 ordinary shares and 181,561 options. Following the conversions, lapses, and disposals, her holdings now stand at 42,497 ordinary shares and 152,618 options. The transactions involved no direct cash consideration for the conversion or lapse of options; consideration of NZD 1,808.31 was received for the disposal of ordinary shares.

These adjustments stem from the company's LTI Scheme, affecting both legal ownership of ordinary shares and options. The disclosure, filed on October 10, 2025, indicates these transactions occurred outside of a closed period and with no requirement for prior written clearance.