NZ Markets Disciplinary Tribunal Censures
MARKET ANNOUNCEMENT
20 April 2021
NZ Markets Disciplinary Tribunal Censures
AUCKLAND, 20 April 2021: In relation to both censures released by the NZ Markets
Disciplinary Tribunal today NZME Limited (“NZME”) has, in a settlement agreed with NZX
Limited and endorsed by the NZ Markets Disciplinary Tribunal, accepted the breaches set out
and the penalties imposed.
As we said at the Annual Shareholders’ Meeting on Friday, NZME takes its obligations and
responsibilities around continuous disclosure extremely seriously. At all times we strive to
ensure the market is appropriately informed in a timely fashion.
In both instances addressed in the censures, NZME followed its compliance processes and
sought and acted on specialist external legal advice at the time the disclosures were made. This
is noted by the Tribunal in the censures as one of the relevant mitigating factors it took into
consideration.
ENDS
Authorised by the Board of NZME.
For further information:
Cliff Joiner
GM Communications
NZME
M: +64 21 270 9995
Email: cliff.joiner@nzme.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
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- NZX — NZX Limited: FMA Market Operator Obligations Report update2021-05-07
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