RESEND: Air NZ senior manager Mike Tod exercises options, sells shares

Tue, 04 Oct 2016

(Fixes headline) By Edwin Mitson Oct. 4 (BusinessDesk) - Air New Zealand chief marketing & customer officer Mike Tod has exercised options to buy 405,743 shares in the national airline, selling almost all of them straight away. Notices filed to NZX show Tod exercised 1,101,947 rights at zero cost to buy the shares on Sept. 26, selling 403,051 for $726,983.09, a price of $1.80 a share. Tod currently holds 217,919 ordinary shares and 389,376 performance rights. He's been in his current role at Air New Zealand since the beginning of...

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