Investor centre
Listed on both the NZX and ASX, the Meridian Group is one of New Zealand’s largest listed companies.
Listed on both the NZX and ASX, the Meridian Group is one of New Zealand’s largest listed companies.
As Aotearoa’s largest renewable electricity generator Meridian has the scale and the resources to help secure a clean energy future, where all New Zealanders thrive.
Generating affordable, clean, renewable power is key to a more equitable and sustainable future and our goal is to make the renewable energy we generate as accessible as possible to households, businesses and industries.
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Meridian Energy Limited confirms that its annual results for the year ended 30 June 2024 will be
released on Wednesday, 28 August 2024.
Meridian Energy confirms that all conditions precedent in the recently-announced contracts with New Zealand Aluminium Smelter (NZAS) have now been satisfied or waived.
The presentation will commence at 9.30am NZT and close at 2.30pm.
Meridian Energy is hosting an investor day on Tuesday, 25 June 2024. Investors, analysts and media not attending in person are able to register for a video link to all presentations.
Electricity Authority clear NZAS contracts under the materially large contracts regime of the Electricity Industry Participation Code 2010.
Meridian Energy has issued NZAS with a demand response notice under the NZAS Demand Response Agreement 2023-2024.
Meridian Energy and New Zealand’s Aluminium Smelter (NZAS)* have signed a package of conditional 20-year contracts for part of the NZAS Tiwai Point aluminium smelter’s electricity needs.
Meridian’s Chief Information Officer (CIO) Bharat Ratanpal has been seconded as Interim CEO to lead Meridian subsidiary Flux Federation.
New Zealand’s electricity supply is set for a welcome boost in the second half of winter, with Meridian’s newest wind farm on track for early completion.
Meridian Energy Limited advises that the price at which shares will be issued for the 2024 Interim Ordinary Dividend under the Company’s Dividend Reinvestment Plan (DRP) is NZ$5.7624 per share.
Meridian and New Zealand’s Aluminium Smelter (NZAS) have signed an additional new peak demand response agreement covering a period of 12 weeks over winter 2024.
Meridian and NZ Windfarms have agreed to form a 50-50 joint venture to repower and
extend the Te Rere Hau wind farm.
For example changing personal details or my payment instructions.
Please contact our share and bond registrar:
You can also access your portfolio online at Computershare’s Investor Centre: www-au.computershare.com/Investor
Please contact:
Owen Hackston
Investor Relations Manager
Phone: +64 4 382 7496
Email: investors@meridianenergy.co.nz
To buy or sell shares or bonds in New Zealand, you will need to speak to a financial adviser or a broker who is an NZX Participant firm. You can find a list of NZX Participant firms at https://www.nzx.com/services/market-participants/find-a-participant
To buy or sell shares on the Australian market, contact a broker at an ASX Participant firm. You can find a list of them on the ASX website: www.asx.com.au/prices/find-broker.htm
Ordinary shares are quoted on the NZX under the ticker code ‘MEL’ and on the ASX under the ticker code ‘MEZ’.
You can find our retail bonds on the NZX under the ticker codes ‘MEL050' (maturing in June 2025), 'MEL060' (maturing in September 2028) and 'MEL070' (maturing in March 2030).
You can also get up-to-date share prices online: www.meridianenergy.co.nz/investors
No.
Interest is paid twice each year for each bond - in March and September (for MEL060 and MEL070) and in June and December (for MEL050).
Dividend payments are expected to be split into an interim dividend paid each March and a final dividend paid in September each year. When Meridian declares a dividend, the actual payment date is then confirmed.
Imputation is a mechanism that a company can use to pass on credits for tax it has paid on its profits, to its shareholders when it pays them dividends. These imputation credits offset the amount of tax that the resident shareholders would otherwise be liable to pay on those dividends, so they don't have to pay "double tax".
We pay dividends in New Zealand dollars to New Zealand resident holders and holders in other countries, except Australian resident holders who are paid in Australian dollars.
A supplementary dividend is a credit passed on by the payer of an imputed dividend to non-resident investors to offset the effects of double taxation (where the non-resident is subject to both company income tax and non-resident withholding tax).
A record date is the date on which an Issuer closes its register for the determination of eligible Investors for a dividend or interest payment or any other Corporate Action. Shares purchased after the record date do not participate in the dividend.
An ex-dividend date is the "cut-off" date for a registered shareholder and being eligible to receive the next dividend. From this date, new shareholders will not participate in the next dividend.
The NZX operates on a two day settlement cycle, so a dividend with a record date of 30 September 2016 has an ex-dividend date of 29 September 2016.
Our financial year ends on 30 June, with the annual results, an Integrated Report and a shareholder letter released each August.
Each February, we also release interim results and a shareholder letter for the six months to December.
Each month we also release a monthly operating report.
As a shareholder you can elect to receive a copy of Meridian Interim Results and the Integrated Report and shareholder letters. Please contact Computershare to select or update your communication preferences:
You can also select or update your communication preferences online at Computershare’s Investor Centre: www-au.computershare.com/Investor
Monthly operating reports and results and other investor presentations
Meridian generally holds its Annual Shareholder Meeting in October each year. Details of each Annual Shareholder Meeting is provided in a Notice of Meeting, which is published around a month ahead of the Meeting.
Please see our Investor calendar for other upcoming dates.
Head over to our Media Centre, or you can see all our releases on the NZX and ASX websites.
Yes, please send your enquiry via:
Owen Hackston
Investor Relations Manager
Phone: +64 4 382 7496
Email: investors@meridianenergy.co.nz