What did Meridian Energy Limited announce?
Meridian Energy Limited (NZX: MEL) filed “Share Rights Vested” with NZX on 8 October 2026, as an NZX announcement.
From the announcement:“In accordance with Listing Rule 3.15.1, the Meridian Board advises that Share Rights held by certain employees (Participants) under its Long Term Incentive Scheme, implemented by Meridian on 23 August 2019, vested on 2 October 2026 and are now convertible into ordinary shares of Meridian (Shares).”
- Which company?
- Meridian Energy Limited (NZX: MEL)
- When was it filed?
- 8 October 2026
- Where is the original?
- NZX announcement
Share Rights Vested
Release
Meridian Energy Limited (ARBN 151 800 396) A company incorporated in New Zealand
Level 2, 98 Customhouse Quay, Wellington 6011
meridianenergy.co.nz
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Share Rights Vested
8 October 2026
In accordance with Listing Rule 3.15.1, the Meridian Board advises that Share Rights held by certain
employees (Participants) under its Long Term Incentive Scheme, implemented by Meridian on 23
August 2019, vested on 2 October 2026 and are now convertible into ordinary shares of Meridian
(Shares). Participants will have until 16 October 2026 to exercise their respective rights to have
transferred to them their entitled Shares which are held by Meridian as treasury shares.
For each Share Right exercised a Participant is entitled to one Share in the Company, plus an
additional number of Shares equal to the value of gross cash dividends per Share which would have
been paid to a New Zealand tax resident who held a Share for the period between (but excluding) the
Issue Date to (and including) the Allocation Date, calculated using the volume weighted average price
over the 10 business days up to and including 2 October 2026.
Meridian expects to transfer Shares to Participants the business day following the end of the Exercise
Period on 19 October 2026.
ENDS
Authorised for release by:
Jason Woolley
General Counsel and Company Secretary
Meridian Energy Limited
For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Lachlan Forsyth
Media & Content Manager
021 243 5342
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.
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