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 414,502 ordinary units in the Fund at $1.4493 per unit effective 3 January 2025 (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
The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.
Economists are widely expecting a 25 bps rate cut next week.
Is New Zealand still fixated on the 1kg block of cheese?
To join your company account for BusinessDesk and enjoy full access, enter your email and we’ll send you details