Genesis Energy Limited provides the attached capital change notice pursuant to NZX listing rule 3.13.1. This notice relates to the issue of performance share rights in respect of 944,197 ordinary shares to senior executives. The performance share rights are being issued pursuant to the Genesis Performance Share Rights Plan.
Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
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