Enprise fined $60,000 and censured for breaching NZX rules

Enprise fined $60,000 and censured for breaching NZX rules
(Image: Getty)
Staff reporters
Enprise Group has been fined $60,000 plus costs for breaching New Zealand stock exchange rules over the timely disclosure of material information. The NZX-listed company was publicly censured by the NZ Markets Disciplinary Tribunal and ordered to pay the costs of NZX and the tribunal, capped at $15,000 excluding GST, for the breach. The Enprise Group board said it was "disappointed with this finding and the penalty imposed on ENS as a result of the NZ RegCo investigation and subsequent Tribunal decision".It said it takes dis...

More Markets

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 13 Dec 2024