PLP - Issuance of New Units

SECISSUE
Tue, May 11 2021 10:28 am

PLP - Issuance of Units

11 May 2021


Pursuant to Rule 3.13.2 of the Main Board Listing Rule, Booster Investment Management Limited, in its capacity as manager of the Private Land and Property Fund (‘Fund’ or NZX:PLP), confirms it has issued an additional 162,388 ordinary units in the Fund at $1.1285 per unit effective 7 May 2021 (the number of units allotted is confirmed 2 business days later on completion of the unit pricing process).

This movement relates to the issuance of units directly to investors who apply direct to the Fund as a continuous issuer.



For further information regarding the Private Land and Property Fund visit https://www.booster.co.nz/booster-investments/private-land-and-property-fund



About Booster
Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $4.0 billion on behalf of more than 120,000 New Zealanders.
PLP is a managed investment fund that invests in land and property-based investments by investing in units in Booster’s Private Land and Property Portfolio. PLP only holds these units.
For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz


Announcement PDF


Markets News

NZ sharemarket up nearly 1% amid ongoing takeover drama
Markets Market close

NZ sharemarket up nearly 1% amid ongoing takeover drama

The S&P/NZX 50 Index closed at 12,425.58, up 115.67 points or 0.94%.

Markets

ForBarr downgrades Genesis on gas uncertainty

The company faced the greatest challenges in the sector. 

ForBarr downgrades Genesis on gas uncertainty
Markets Analysis

The Warehouse takeover could be the first of many

Investors may not be showing NZ firms love, but private equity will.

The Warehouse takeover could be the first of many