Meridian

Meridian is New Zealand’s largest electricity company and producer of renewable energy in the country. They own and operate five wind farms and seven hydro power stations in NZ and are working on rolling out the largest commercial solar programme in the country. The company also has a presence in the Australian market through ownership of two wind farms and three hydro plants.

Meridian is listed on both the NZX and ASX and is the largest energy company on the NZX in terms of market capitalisation. The company currently employs around 1,000 people, Neal Barclay has been CEO since 2018.

Company Details

Registered Office: 287-293 Durham Street North, Christchurch 8013, New Zealand

Postal Address: PO Box 10840, The Terrace, Wellington 6143

Telephone: +64-4-381-1200

Facsimile: n/a

Website: http://www.meridianenergy.co.nz/

First Listed: 30/04/2015

Balance Date: 30 June

AGM: 18/10/2022

Directors and Executives

Neal Barclay

Chief Executive Officer

Mark Cairns

Independent Director

Graham Cockroft

Independent Director

Chris Ewers

General Manager

Lisa Hannifin

General Manager

Michelle Henderson

Independent Director

Julia Hoare

Independent Director

Tania Palmer

General Manager

Bharat Ratanpal

General Manager

Michael Roan

Chief Financial Officer

Nagaja Sanatkumar

Independent Director

Claire Shaw

General Manager

Tania Simpson

Independent Director

Mark Verbiest

Chairman

Guy Waipara

General Manager

Jason Woolley

Company Secretary

Announcements

Title	Date	Type
D&O Ongoing Disclosure Notice	Tue, Dec 05 2023 02:59 pm	SHINTR
Meridian Interim Results Announcement Date	Tue, Dec 05 2023 02:38 pm	GENERAL
Meridian Completes FY24 LTI Buyback	Fri, Dec 01 2023 12:34 pm	CORPACT
Capital Change Notice	Thu, Nov 30 2023 10:24 am	SECISSUE
Meridian and Contact confirm conditions precedent	Thu, Nov 30 2023 08:30 am	GENERAL
Capital Change Notice	Thu, Nov 23 2023 01:26 pm	SECISSUE
Capital Change Notice	Wed, Nov 22 2023 01:43 pm	SECISSUE
Capital Change Notice	Tue, Nov 21 2023 12:12 pm	SECISSUE
Capital Change Notice	Mon, Nov 20 2023 01:42 pm	SECISSUE
D&O Ongoing Disclosure Notices	Fri, Nov 17 2023 12:10 pm	SHINTR

Major Holdings Announcements

Date	Name	No. Held	%	Current
20/04/21	BlackRock, Inc. and related bodies	85,400,202	7.09	3.33

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
26/05/23	Tania Simpson	4,291	-	-	-
26/05/23	Michael John Roan	428,295	-	-	-
26/05/23	Neal Anthony Barclay	975,599	-	-	-
19/04/23	Michelle Anne Henderson	13,721	-	-	-
19/04/23	Julia Hoare	8,164	-	-	-
19/04/23	Mark Verbiest	48,198	-	-	-
19/04/23	Janice (Jan) Dawson	54,510	-	-	-
30/08/22	Graham John Cockroft	40,000	-	-	-
02/03/22	Nagaja Tharanginee Sana	8,769	-	-	-
02/11/21	Mark Cairns	239,861	-	-	-
13/03/19	Paul Thomas Chambers	445,294	-	-	-
07/09/18	Paul Chambers	444,964	-	-	-
26/01/18	Mark James Binns	692,691	-	-	-
15/11/17	Mark Binns	692,408	-	-	-
09/10/17	Peter Wilson	99,170	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	317.2	18.3	17.8	3,508.1	470.2	771.1
high	317.2	18.3	17.8	3,508.1	470.2	771.1
low	317.2	18.3	17.8	3,508.1	470.2	771.1
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 01/06/2023