NZME Ltd Annual Shareholders Meeting Transcript

Apr 16, 2021 / 03:00AM GMT
Barbara J. Chapman - NZME Limited - Independent Chairman

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question by clicking on the, Ask a Question Box, on the online portal. I encourage shareholders joining online who do have questions relating to the business of the meeting to send their questions through as soon as possible. Please note that only shareholders, proxyholders or shareholder company representatives may vote or ask questions. So welcome, and thank you again for attending today.

Shareholder value creation remains a steadfast focus of the Board. When we last addressed you at our Annual Shareholders Meeting in June 2020, the NZME share price was $0.31. As we gather today, I would note the share price at market close yesterday was $0.80. While this is pleasing progress, there's plenty more work to be done. And there are several areas that I would like to discuss with you that we, as a Board, have determined will create the ongoing delivery of continued shareholder value creation.

In summary, these are: the implementation of a set of guiding principles applied to all NZME's strategic

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