PLP – Increased Demand for Units on NZX

PLP – Increased Demand for Units on NZX

Booster has recognised the increase in buyer demand for PLP units through the NZX over the last few
days. As the volume of sellers remains low this has resulted in an increasing level of unfulfilled demand
for units, and an increase in the NZX traded price.

To meet this demand, the Manager of the Fund will issue further new units to all pending applicants with
an effective date 17 August 2020. Booster Financial Services Limited (the parent company of the
Manager) has confirmed it will purchase approximately 100,000 units from the Fund and will offer these
units on the NZX Main Board at the Fund’s net asset value. These units will be available on Wednesday
19 August 2020 on completion of the 2-day settlement process.

Since its original listing on 18 September 2019, through to 13 August 2020, PLP has issued 13.8 million
additional units and the total NAV of the fund has risen by $15.1 million while the per unit NAV has
changed from $1.0425 to $1.0591 (after a distribution in March of $1.2 million and $0.03 per unit).




For more information, please contact:
Gary Scott
Company Secretary
Booster Investment Management Limited
04 8944300



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 $3 billion on behalf of more than 120,000 New
Zealanders.
For more information, including a copy of the Product Disclosure Statement, please visit
www.booster.co.nz