Spark

Spark is New Zealand’s largest telecommunications and digital services company employing over 5,000 people. They operate a large fibre network, fifteen data centres and over 60 retail stores across NZ, servicing 2.5 million mobile and 0.7 million broadband connections.

The company also generates revenue from IT infrastructure, cloud services, big-data analytics and sports streaming services. Spark is currently working on rolling out their new 5G infrastructure in NZ which began in 2019.

Shares are dual listed on the NZX and ASX, Jolie Hodson took over leadership of the company as CEO in 2019.

Company Details

Registered Office: Level 2, Spark City, 167 Victoria Street West, Auckland 1010

Postal Address: Private Bag 92028, Auckland 1142

Telephone: +64 9 359 6413

Facsimile: +64 9 303 3430

Website: www.sparknz.co.nz

First Listed: 18/07/1991

Balance Date: 30 June

AGM: 03/11/2023

Directors and Executives

Alison Barrass

Independent Non-Executive Director

Warwick Bray

Independent Non-Executive Director

Sheridan Broadbent

Independent Non-Executive Director

David Havercroft

Non-Executive Director

Jolie Hodson

Chief Executive Officer

Paige Howard-Smith

Company Secretary

Stefan Knight

Chief Financial Officer

Gordon MacLeod

Independent Non-Executive Director

Justine Smyth

Independent Non-Executive Director

Announcements

Title	Date	Type
Ongoing Disclosure Notice	Mon, Jul 01 2024 10:43 am	SHINTR
Spark Finance establishes new committed bank facility	Thu, May 30 2024 04:14 pm	GENERAL
Spark reduces FY24 EBITDAI guidance	Mon, May 06 2024 08:30 am	MKTUPDTE
Spark New Zealand appoints new director to the Spark Board	Fri, May 03 2024 08:30 am	ADMIN
Spark Finance extends standby facility	Mon, Apr 29 2024 08:30 am	GENERAL
Spark announces departure of Product Director	Thu, Apr 18 2024 08:30 am	ADMIN
Spark NZ announces on-market share buyback to continue	Thu, Mar 28 2024 08:30 am	ADMIN
Updated ASX Appendix 3A.1 Form	Tue, Mar 26 2024 02:38 pm	GENERAL
Final Term Sheet for retail bond offer	Thu, Mar 07 2024 02:19 pm	OFFER
Spark Finance sets interest rates for offer	Thu, Mar 07 2024 01:08 pm	OFFER

Major Holdings Announcements

Date	Name	No. Held	%	Current
07/06/22	BlackRock Inc. and related bodies c	161,169,532	-	8.61
03/08/21	The Vanguard Group, Inc.	66,009,791	5.21	3.54
12/02/19	The Capital Group Companies, Inc.	90,885,210	5.95	4.95
20/03/18	BlackRock Inc	137,946,771	6.32	7.52
14/07/17	The Bank of New York Mellon Corpora	90,977,258	6.14	4.96

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
05/12/23	Sheridan Adelene Broadb	30,000	-	-	-
29/09/23	Mellissa Anastaslou	66,565	-	-	-
22/08/23	Gordon MacLeod	10,000	-	-	-
04/10/22	Jolie Hodson	704,655	-	-	-
04/10/22	Stefan Knight	75,941	-	-	-
16/09/22	Justine Bronwyn Gay Smy	500,201	-	-	-
05/09/22	Harry Mark Beder	199,439	-	-	-
11/11/21	Philippa Greenwood	-	-	-	-
29/10/21	Charles Sitch	39,350	-	-	-
01/10/21	David Thomas Havercroft	100,086	-	-	-
31/03/21	Warwick Bray	31,230	-	-	-
21/09/20	Paul Berriman	43,000	-	-	-
06/03/20	Ido Leffler	32,000	-	-	-
24/02/20	Alison Barrass	37,716	-	-	-
27/09/19	David Chalmers	-	-	-	-
26/09/18	Simon Moutter	1,831,564	-	-	-
01/09/17	Alison Gerry	25,000	-	-	-
31/08/17	Mark Verbiest	15,000	-	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	450.2	24.6	27.5	4,017.8	707.3	1,240.1
high	450.2	24.6	27.5	4,017.8	707.3	1,240.1
low	450.2	24.6	27.5	4,017.8	707.3	1,240.1
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: 06/10/2023