PLP - Distribution notice

Wed, Dec 08 2021 03:27 pm

PLP Distribution Notice – for payment 22nd December 2021

Distribution Announcement

Booster Investment Management Limited, in its capacity as manager of the Private Land and Property Fund, is pleased to announce a distribution for the quarter ended 31 December 2021.

You must be a registered security holder of the Fund on the Record Date of 15 December 2021 to be eligible for this distribution.

The distribution of 0.380 cents per unit is fully imputed, which is equivalent to a pre-tax payment of 0.52%. The distribution is based on the cash earnings of the Fund over the period 1 October 2021 to 31 December 2021.

The Fund is currently generating annual cash based pre-tax earnings of 3.42% from its lease income and grape supply contracts, plus also continues to benefit from valuation gains on its land under development, which is reflected in the net asset value of the units.

The Distribution Reinvestment Plan is available for this distribution. All elections to participate must be received by 5:00pm on the Record Date.

For further information regarding the Private Land and Property Fund visit

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 $4.5 billion on behalf of more than 130,000 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

Announcement PDF

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