NZME

NZME is a leading integrated media company in New Zealand, with a portfolio of publishing, radio, digital and e-commerce brands including BusinessDesk, the New Zealand Herald and NewstalkZB.

NZME was demergered from its parent, APN News & Media in June 2016.

On November 30, 2021, NZME announced it had entered into an agreement to buy BusinessDesk, subject to satisfactory engagement with the Commerce Commission and other standard conditions. See details here.

Company Details

Registered Office: Private Bag 92198, Victoria Street West, Auckland

Postal Address: Private Bag 92198, Victoria Street West, Auckland

Telephone: +64 21 311 911

Facsimile: n/a

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

First Listed: 27/06/2016

Balance Date: 31 December

AGM: 26/04/2023

Directors and Executives

Michael Boggs

Chief Executive Officer

Carol Campbell

Independent Director

Barbara Chapman

Chair

David Gibson

Independent Director

Guy Horrocks

Independent Director

David Mackrell

Chief Financial Officer

Sussan Turner

Independent Director

Announcements

Title	Date	Type
Resignation of Director	Tue, Apr 15 2025 08:30 am	MKTUPDTE
Takeovers Panel meeting about acquisition of shares	Fri, Apr 04 2025 04:13 pm	MKTUPDTE
Date change of Annual Shareholders’ Meeting & Board update	Mon, Mar 31 2025 01:30 pm	MKTUPDTE
Updated ASX Appendix 3A.1 - Notification of Dividend	Mon, Mar 31 2025 09:36 am	MKTUPDTE
Foreign Exchange Rate for Dividend Payment	Mon, Mar 31 2025 08:30 am	MKTUPDTE
Release of a new letter from JTG 4 Limited	Wed, Mar 26 2025 12:16 pm	MKTUPDTE
Release of letter from JTG 4 Limited	Fri, Mar 21 2025 04:34 pm	MKTUPDTE
Response to speculation regarding Stuff	Fri, Mar 21 2025 12:49 pm	MKTUPDTE
Update to Shareholders	Fri, Mar 14 2025 09:31 am	ADMIN
Update on director nominations and shareholder proposal	Wed, Mar 12 2025 08:30 am	ADMIN

Major Holdings Announcements

Date	Name	No. Held	%	Current
29/01/24	Osmium Partners, LLC	14,132,512	9.29	7.57
03/01/24	Pinnacle Investment Management Grou	11,588,284	5.18	6.30
21/09/23	Spheria Asset Management	24,609,085	12.22	13.38
09/06/23	JPMorgan Chase & Co. and it’s affil	1,307,010	9.80	0.71
19/04/23	REPERTOIRE PARTNERS LP	36,689,784	11.49	19.95
18/04/23	UBS Group AG and its related bodies	7,950,951	7.58	4.32
05/07/22	Auscap Asset Management Limited	9,670,000	7.32	5.00
28/04/22	UBS AG and its related bodies corpo	30,787,710	12.31	15.64
17/03/21	Forager Funds Management Pty Ltd	9,530,249	5.36	4.82
25/02/21	Telstra Super Pty Ltd as Trustee of	9,843,977	5.21	4.98
12/02/21	Morgan Stanley and its Subsidiaries	9,506,624	5.07	4.81
17/09/20	Renaissance Smaller Companies Pty L	7,600,217	5.75	3.87
03/12/18	Nomura Holdings Inc.	4,573	5.04	0.00
06/09/18	Allan Gray Australia Pty Ltd and it	-	5.87	-
31/08/17	Perpetual Limited	9,512,580	9.70	4.85
23/05/17	Ausbil Investment Management Limite	8,950,076	6.79	4.57
03/03/17	Westpac Banking Corporation	8,302,459	5.62	4.24
07/10/16	Citigroup Global Markets Australia	29,381,521	-	14.99

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
03/01/24	David Wylie Mackrell	559,178	-	-	-
03/01/24	Michael Raymond Boggs	2,517,965	-	-	-
11/12/20	Barbara Joan Chapman	73,000	-	-	-
08/06/20	Carol Anne Campbell	150,000	-	-	-
08/06/20	Peter Cullinane	268,286	-	-	-
14/06/18	David Edward James Gibs	50,000	-	-	-
10/04/17	Michael John Moran	20,500	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	17.3	19.6	9.4	9.0	343.8	30.5	57.2
high	17.3	19.6	9.4	9.0	343.8	30.5	57.2
low	17.3	19.6	9.4	9.0	343.8	30.5	57.2
sample	1	1	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: 27/09/2023