Thursday, 28 March 2024

Announcement

MKTUPDTE: NZX: NZX Investor Day Presentation 2017

16 Nov 2017 13:30NZX
NZX is today updating shareholders and analysts on its refreshed strategy,
delivery plan, and role within New Zealand''s capital markets. The session
includes presentations from Chief Executive Office Mark Peterson and senior
leadership team members. A copy of the presentation can be found here.

Over the past five months NZX has comprehensively reviewed its business. This
included more than 200 stakeholder interviews to gain an understanding of the
solutions needed to grow the New Zealand market, rigorous internal analysis,
and an analysis of global peers and market disruptors. This process has
resulted in a fundamental reset of NZX, which the Board and senior leadership
of the organisation are committed to delivering.

The focus of today''s presentation is to share with the market the strategies
and initiatives NZX will pursue to deliver growth and increase shareholder
value, while also continuing to champion a vibrant New Zealand capital
market.

The strategy is summarised below, strategic initiatives and delivery plans
are outlined in the presentation:

o Refocus our core - actively support current and prospective issuing
customers, drive secondary market development, grow existing data revenues

o Grow opportunities aligned to New Zealand - continue building a vibrant
debt market, accelerate dairy derivatives market to scale, explore
opportunities to collaborate and grow environmental and energy markets

o Maximise options that will pay off - continue growing Smartshares and
SuperLife, deliver a financial services platform that empowers the wealth
management industry

o Get fit - earn the right to grow through disciplined cost management and
clarity of vision

o Act with greater purpose - promote the New Zealand market internationally,
put customers at the heart of everything we do, generate sustainable returns
for New Zealand and our shareholders

NZX Chief Executive Mark Peterson commented: "As New Zealand''s Exchange we
are passionate about working with our customers and stakeholders to grow the
markets NZX run, which generate wealth integral to New Zealanders''
prosperity, and New Zealand companies getting ahead."

"Today''s strategy presentation demonstrates the NZX team''s increased
confidence and capability to deliver for our customers and our shareholders.
We are refocused on our core markets business, which is NZX''s fundamental
growth platform, and the basis of our social licence to operate. Our success
is linked to New Zealand''s success, and we will grow opportunities aligned to
this advantage, including our debt, dairy derivatives, and environmental and
energy markets."

"We look forward to building on the momentum created during this review as we
continue to put our strategy into action in 2018 and beyond."

NZX will update shareholders and the market on its progress at the release of
its 2017 Full Year Results on Monday 19 February 2018.

This announcement should be read in conjunction with NZX''s Investor Day
presentation which provides further information on the organisation''s
strategic priorities and delivery plans.

For further information please contact:
Hannah Lynch
Head of Communications
T: 09 308 3710
M: 021 252 8990
E: hannah.lynch@nzx.com
End CA:00310461 For:NZX    Type:MKTUPDTE   Time:2017-11-16 13:30:21
Views: 214
New Zealand Exchange Limited
 1.100 Change:
0.00
0.00%
 
Open:1.100 
High:1.100 
Low:1.100 
Volume:21,768 
Last Traded:07/02/18 09:14:37 
Bid:1.100 
Ask:1.100 
52-Wk High:1.240 
52-Wk Low:1.030