BIF- Issuance of Units (and NAV update)

SECISSUE
Wed, Dec 04 2024 04:28 pm

Pursuant to Rule 3.13.2 of the Main Board Listing Rule, Booster Investment Management Limited, in its capacity as manager of the Booster Innovation Fund (‘Fund’ or NZX:BIF), confirms it has issued an additional 290,731 ordinary units in the Fund at $1.4647 per unit effective 2 December 2024 (the number of units allotted is confirmed 2 business days later on completion of the unit pricing process).

This movement relates to the issuance and redemption of units by the Fund as a continuous issuer.

For further information regarding the Booster Innovation Fund visit https://www.booster.co.nz/booster-investments/booster-innovation-fund.aspx



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 $7 billion on behalf of more than 200,000 New Zealanders.
BIF is a managed investment fund that invests in early-stage companies founded on intellectual property originated or developed in New Zealand.
For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz


Announcement PDF


Markets News

M&A outlook: get set for big ticket IPOs
Finance

M&A outlook: get set for big ticket IPOs

Experts are picking a surge in mergers and acquisitions activity for 2025.

Markets

Market gets off to a slow start for 2025

Some stocks gave back some of their recent rises today. 

Staff reporters 03 Jan 2025
Market gets off to a slow start for 2025
Finance

Joint Aus-NZ shares index proposed

The Government is ‘unaware of a strong business case’. 

Murray Jones 03 Jan 2025
Joint Aus-NZ shares index proposed