NZME Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:A2U Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
26 Mar 26	Buy€27,763	Steven Joyce	Individual	50,000	€0.56
26 Mar 26	Buy€992,876	James Grenon	Individual	1,780,123	€0.56
25 Mar 26	Buy€11,240	Catherie Parsons	Individual	20,000	€0.56
16 Mar 26	Sell€153,259	Pinnacle Investment Management Group Limited	Company	267,734	€0.57
16 Mar 26	Sell€2,454,293	Spheria Asset Management Pty Ltd	Company	4,159,973	€0.59
06 Mar 26	Buy€3,454,808	Spheria Asset Management Pty Ltd	Company	6,175,218	€0.59
06 Mar 26	Sell€2,273,963	Pinnacle Investment Management Group Limited	Company	3,892,239	€0.58
26 Feb 26	Buy€582,802	James Grenon	Individual	1,000,000	€0.58
24 Sep 25	Buy€545,007	James Grenon	Individual	1,000,000	€0.55
24 Sep 25	Sell€557,087	Osmium Partners, LLC	Company	1,146,221	€0.49
22 Sep 25	Buy€27,404	Sussan Turner	Individual	50,000	€0.55
12 Sep 25	Buy€2,065,374	James Grenon	Individual	3,700,000	€0.56
29 Aug 25	Buy€18,185	Steven Joyce	Individual	32,000	€0.57
28 Aug 25	Buy€3,085,251	James Grenon	Individual	5,564,739	€0.55
28 Aug 25	Buy€49,956	Bowen Pan	Individual	86,185.34	€0.58
19 Aug 25	Sell€991,256	Osmium Partners, LLC	Company	1,831,881	€0.57

Insider Trading Volume

Insider Buying: A2U insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of A2U?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	3,406,136	1.81%
Private Companies	4,560,539	2.42%
Hedge Funds	10,339,013	5.49%
Individual Insiders	41,836,467	22.2%
General Public	59,654,347	31.7%
Institutions	68,385,116	36.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 24 shareholders own 68.3% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
19.9%	James Grenon	37,474,925	€20.9m	8.01%	no data
15.7%	Spheria Asset Management Pty Ltd	29,622,823	€16.6m	6.85%	3.7%
8%	Pinnacle Investment Management Group Limited	15,055,160	€8.4m	-26.6%	0.23%
5.49%	Osmium Partners, LLC	10,339,013	€5.8m	0%	66.01%
3.88%	Wilson Asset Management (International) Pty Ltd.	7,299,873	€4.1m	0%	0.14%
2.65%	Repertoire Partners LP	4,978,683	€2.8m	0%	100.0%
2.18%	Salt Investment Funds Limited	4,093,660	€2.3m	0%	5.26%
1.92%	Accident Compensation Corporation	3,617,403	€2.0m	-55.9%	0.09%
1.81%	Spheria Emerging Companies Limited	3,406,136	€1.9m	0%	no data
1.67%	Michael Boggs	3,146,607	€1.8m	5.28%	no data
1.62%	Dimensional Fund Advisors LP	3,057,708	€1.7m	0%	no data
1.43%	Wairahi Investments Limited	2,700,000	€1.5m	0%	no data
0.99%	Odyls Pty Ltd	1,860,539	€1.0m	0%	no data
0.38%	David Mackrell	713,285	€398.7k	9.08%	no data
0.33%	Gesalcalá, SA, SGIIC	626,061	€349.9k	0%	0.07%
0.08%	Carol Campbell	150,000	€83.8k	0%	no data
0.054%	Steven Joyce	100,965	€56.4k	98.1%	no data
0.05%	John Lewis	94,500	€52.8k	0%	no data
0.046%	Bowen Pan	86,185	€48.2k	0%	no data
0.027%	Sussan Turner	50,000	€27.9k	0%	no data
0.016%	Carlton Investments Ltd.	29,630	€16.6k	0%	no data
0.011%	Catherie Parsons	20,000	€11.2k	0%	no data
0.0019%	Australian Super Pty Ltd	3,527	€2.0k	0%	no data
0.00031%	Acadian Asset Management LLC	588	€326.1	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/17 01:48
End of Day Share Price	2026/06/17 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NZME Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Lindsay	Forsyth Barr Group Ltd.
Arie Dekker	Jarden Limited
James Lindsay	MST Financial Services Pty Limited