Meridian Energy Ownership

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

Recent Insider Transactions

DB:15M1 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
30 Jul 26	Buy€392	Mike Roan	Individual	134.25	€2.92
30 Jul 26	Buy€318	Guy Te Puka Waipara	Individual	109.08	€2.92
30 Jul 26	Buy€318	Tania Palmer	Individual	109.08	€2.92
30 Jul 26	Buy€127	Lisa Hannifin	Individual	43.63	€2.92
14 May 26	Sell€29,983	Guy Te Puka Waipara	Individual	10,000	€3.02
07 May 26	Sell€148,035	Guy Te Puka Waipara	Individual	50,000	€3.02
16 Mar 26	Buy€5,458	Tania Joy Te Simpson	Individual	1,843.8	€2.96
18 Nov 25	Sell€51,461	Neal Barclay	Individual	17,670.38	€2.91
10 Nov 25	Sell€69,537	Tania Palmer	Individual	24,800	€2.80
04 Nov 25	Sell€59,100	Guy Te Puka Waipara	Individual	20,000	€2.96
03 Nov 25	Sell€73,466	Mike Roan	Individual	25,000	€2.94
30 Oct 25	Sell€31,721	Helen Peters	Individual	10,860	€2.92
20 Oct 25	Sell€213,236	Neal Barclay	Individual	72,700	€2.93
20 Oct 25	Sell€43,996	Christopher Ewers	Individual	15,000	€2.93
09 Oct 25	Buy€3,973	Tania Joy Te Simpson	Individual	1,374.57	€2.89
09 Oct 25	Sell€98,340	Neal Barclay	Individual	33,000	€2.98
06 Oct 25	Buy€49,821	Mandy Binnie	Individual	17,119.01	€2.91

Insider Trading Volume

Insider Buying: 15M1 insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of 15M1?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	1,127,536	0.0426%
Individual Insiders	2,717,808	0.103%
Institutions	301,284,375	11.4%
General Public	1,007,890,846	38.1%
State or Government	1,335,576,835	50.4%

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

Top Shareholders

Top 25 shareholders own 60.46% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
50.4%	New Zealand	1,335,576,835	€3.7b	0%	no data
1.87%	Vanguard Capital Management, LLC	49,475,436	€138.3m	3.03%	no data
1.76%	Accident Compensation Corporation	46,722,927	€130.6m	0%	6.03%
1.72%	BlackRock, Inc.	45,580,890	€127.4m	2.98%	no data
0.62%	Norges Bank Investment Management	16,460,580	€46.0m	0%	no data
0.56%	Alphinity Investment Management Pty Ltd.	14,935,699	€41.8m	0%	0.7%
0.46%	Milford Asset Management, LTD	12,162,335	€34.0m	0%	0.36%
0.43%	Geode Capital Management, LLC	11,440,399	€32.0m	3.08%	no data
0.34%	Nordea Investment Management, AB	8,963,170	€25.1m	0%	0.01%
0.33%	Smartshares Ltd.	8,862,285	€24.8m	0%	0.78%
0.28%	UBS Asset Management AG	7,290,137	€20.4m	20.9%	no data
0.19%	Northern Trust Fund Managers (Ireland) Limited	5,151,548	€14.4m	0%	0.02%
0.18%	Amundi Asset Management SAS	4,678,146	€13.1m	-25.8%	no data
0.16%	JP Morgan Asset Management	4,305,555	€12.0m	2.29%	no data
0.16%	Charles Schwab Investment Management, Inc.	4,286,571	€12.0m	-2.39%	no data
0.15%	Trust Investments Management Limited	3,993,063	€11.2m	0%	5.78%
0.13%	State Street Investment Management	3,448,068	€9.6m	0.98%	no data
0.12%	Dimensional Fund Advisors LP	3,053,669	€8.5m	0.06%	no data
0.11%	QuayStreet Asset Management Limited	2,923,639	€8.2m	0%	0.72%
0.093%	Russell Investment Management, LLC	2,476,041	€6.9m	0%	0.01%
0.081%	FMR LLC	2,140,029	€6.0m	21.6%	no data
0.075%	Deutsche Asset & Wealth Management	1,996,132	€5.6m	0%	no data
0.071%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	1,880,909	€5.3m	0.35%	no data
0.068%	Devon Funds Management Limited	1,803,928	€5.0m	0%	3.02%
0.066%	KBC Asset Management NV	1,736,243	€4.9m	0%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/12 03:15
End of Day Share Price	2026/08/12 00:00
Earnings	2025/12/31
Annual Earnings	2025/06/30

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

Meridian Energy Limited is covered by 11 analysts. 5 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
Grant Swanepoel	Deutsche Bank
Bruce McKay	Edison Investment Research
Andrew Harvey-Green	Forsyth Barr Group Ltd.