SkyCity Communications Team
+64 9 363 6000 skycitycommunications@skycity.co.nz
Michael Ahearne has decided to step down as Chief Executive Officer of SkyCity at the end of March 2024 to return home to Europe to be with family.
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Issue of Restricted Share Rights under the SkyCity Performance Incentive Plan This notice is given under NZX Listing Rule 3.13.1 and relates to the issue of restricted share rights (“RSRs”) in SkyCity Entertainment Group Limited (the “company”) to participating employees under the SkyCity Performance Incentive Plan in respect of the financial year ended 30 June 2019. Each RSR granted under the SkyCity Performance Incentive Plan confers a right to receive one ordinary share in the company, which will only vest if the relevant employee remains continuously employed by the company (or a company within the SkyCity Group) from the date of issue until 6 September 2020 (in respect of ‘Tranche One’ RSRs) and/or 6 September 2021 (in respect of ‘Tranche Two’ RSRs) (as applicable).
This week, from September 2-8, is Gambling Harm Awareness Week at SkyCity and public health providers have been welcomed onto the SkyCity Auckland and SkyCity Hamilton casino floors to provide information and support to our customers.
Acquisition of Ordinary Shares This notice is given under NZX Listing Rule 3.13.1 and relates to the acquisition of ordinary shares in SkyCity Entertainment Group Limited (the company) under the on-market share buy back programme announced by the company to the market on 13 February 2019.
Yesterday, SkyCity and Emirates Team New Zealand were thrilled to announce that SkyCity will be the ‘Official Hotels and Entertainment Partner’ for the Emirates Team New Zealand defence of the 36th America’s Cup in March 2021.
SkyCity Entertainment Group Limited has updated Appendix 3A.1 Notification of Dividend/Distribution lodged with the Australian Securities Exchange (ASX) on 14 August 2019 in relation to the year-end dividend payable to shareholders of the company on 13 September 2019 to record the applicable New Zealand dollar/Australian dollar exchange rate, being NZD/AUD of 0.9370.
DISCLOSURE OF DIRECTOR’S AND SENIOR MANAGERS’ RELEVANT INTERESTS