Recently, we reflected on what NZSA had achieved during 2021. We’re always out there trying to make a difference, and we thought it was worth pulling out some of the key highlights from a very busy year…
To support our advocacy on behalf of retail investors, NZSA met with 380 key stakeholders amongst the NZ corporate and investment community during 2021 – including listed companies, professional service firms, regulators and other stakeholders.
567m Shares voted
NZSA’s proxy voting service voted 567m shares (a 60% increase from 2020’s 370m), as more shareholders trusted us with their vote. That puts NZSA in the top 20 shareholders at around half of all NZX companies.
Activism at NTL
Shareholder activism still matters. During 2021, NZSA supported a shareholder group disenchanted with the governance and operations of New Talisman Gold Mines. The result was resounding, with the entire board being replaced shortly after the annual shareholder meeting.
The ‘Beacon’ Award
We are always proud to represent and reward best practice. That’s why we gave our Beacon Award to Fiona Oliver, Anne Urlwin, Phillip Strachan and Geoff Swiers, for their courageous role in supporting retail shareholders as Tilt Renewables Independent Directors back in 2018. Read more about why at this link.
Supporting Business Journalism
NZSA, together with Simplicity and other supporters, offer practical financial support to reward excellence in business journalism. Congratulations to Maria Slade (from NBR) who picked up 2021’s gong – and to the other individual category winners as well! Read more about these annual awards here.
Covid-19 cramped our style, but we still operated many local and virtual events around New Zealand, giving that extra bit of up-front and personal insight for retail investors!
New engagement tools
With a new website and new communication tools, like The Briefing, we’re continuing to reach out to all retail investors. We won’t stop in 2022, with new services already in the pipeline.