RESEND: NZ Shareholders' Association to oppose Stride's directors' fee bump

RESEND: NZ Shareholders' Association to oppose Stride's directors' fee bump
Jenny Ruth
(Resend for customers who missed delivery) By Jenny Ruth Aug. 22 (BusinessDesk) - The New Zealand Shareholders’ Association says it will vote any proxies it holds against Stride Property and Stride Investment Management’s proposal to increase directors’ fees. The Stride companies, which are stapled securities quoted on NZX under a single ticker, SPG, are proposing to increase directors’ fees by $45,000 to $805,000. “The current fees are at or about the 75th percentile of the comparator companies whereas SPG’s metrics are closer to t...

More Finance

PEP seeking payday from UP Education
Finance

PEP seeking payday from UP Education

UP Education is a NZ success story in Australia.

Pattrick Smellie 23 Apr 2025
FNZ extends controversial catch-up offer
Finance

FNZ extends controversial catch-up offer

Fintech FNZ has extended its deadline for “catch-up” equity offers, as employee shareholders say discontent grows.In March, the global fintech offered its class B shareholders a “catch-up” offer after it revealed their holdings could be massively diluted following its August capi...

Victoria Young 16 Apr 2025
The cost of over-regulated banking: $10b to $14.4b a year
Finance

The cost of over-regulated banking: $10b to $14.4b a year

Critics claim a huge annual cost from 30 years of regulatory creep.

Pattrick Smellie 16 Apr 2025
Blackbull backs Eden Bradfield into Elevation funds
Finance

Blackbull backs Eden Bradfield into Elevation funds

The Christopher Swasbrook-established fund gets new investors and portfolio manager.