1. Activist Says NZX Directors Should Consider Repaying Cost of Trip to New York

    Activist Says NZX Directors Should Consider Repaying Cost of Trip to New York

    As part of a criticism of the financial performance of NZX and the company's strategy, activist investor Christopher Swasbrook highlighted a recent trip to New York by 11 staff and directors. NZX has so far refused to discuss the trip...

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    1. People are outraged. We have had widespread support for what we are saying today.
    2. Deepening the relationship with Nasdaq is a significant opportunity for NZX, and we have invested in that relationship.
    3. Any company which sends 11 board members and staff to New York to sign a memorandum of understanding has lost touch with reality.
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