Mark Heine appointed as EROAD’s new Chief Executive Officer

AUCKLAND, NZ: Transportation technology services company EROAD (NZX/ASX: ERD), confirmed the appointment of Mark Heine as EROAD’s new Chief Executive Officer. The Board began a global search process in late 2021 for a new Chief Executive Officer to allow Steven Newman to step back from the day-to-day responsibility of leading the company. With Steven’s resignation…

EROAD’s share purchase plan closes oversubscribed

AUCKLAND, NEW ZEALAND: EROAD Limited announced that its NZ$16.1 million Share Purchase Plan (SPP) closed oversubscribed, receiving strong shareholder support with applications totalling almost NZ$43 million, approximately 267% of the amount sought. Given the significant demand and under the terms of the Share Purchase Plan (SPP), EROAD has opted to accept oversubscriptions of NZ$3.9 million,…