13 January 2023
Issue of unlisted share rights under Tower Limited's Long Term Incentive Plan
Please see attached Capital Change Notice pursuant to NZX listing rule 3.13.1. This notice relates to the issue of share rights in respect of 1, 946,557 ordinary shares to key employees. The share rights are being issued pursuant to the Tower Limited Long Term Incentive Plan.
This announcement is authorised by Michael Stiassny, Chair.
ENDS
For media enquiries, please contact in the first instance:
Emily Davies
Head of Corporate Affairs and Sustainability
+64 21 815 149
[email protected]
The next CEO, Mark Stirton, joined the group in April last year.
The company expects further improvement this year, despite tariffs
Shares were up 4% on the ASX after the result.
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