BIF – Ongoing demand for units on NZX
BIF – Ongoing Demand for Units on NZX
30 November 2022
Demand for BIF units from buyers through the NZX continues to be steady and in excess of supply from
existing investors.
To continue to meet this steady demand, the Manager of the Fund will issue further new units
(approximately 100,000) to Booster Financial Services Limited (the parent company of the Manager), who
will offer these units on the NZX Main Board at the Fund’s net asset value. These units will be available
on Monday 5 December 2022 on completion of the 2-day settlement process.
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 $5 billion on behalf of more than 170,000 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 and the net asset value per
unit, please visit www.booster.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- PLP — Private Land and Property Fund: PLP – Updated Disclosure Documents2022-09-13
“Private Land and Property Fund5 When you invest your money in the Fund, you receive ‘units’. ‘Units’ represent your share of the investments in the Fund. The ‘unit price’ shows what your share is worth at any time. If the Fund’s investment value goes up, your units will be wo…”
- PLP — Private Land and Property Fund: PLP – Appointment of New Director2022-09-30
“Page 1 of 1 PLP/ BIF – Change of Director Announcement Booster Investment Management Limited is pleased to announce that Richard Kirkland has been appointed as a new independent, non-executive Director of Booster Investment Management Limited, the manager of the Private…”
- PLP — Private Land and Property Fund: PLP – On-market repurchase of units on NZX2022-09-30
“PLP – On-Market Repurchase of Units on NZX 30 September 2022 Given the ongoing volatility in global markets, there has been a degree of net seller activity of PLP units on the NZX. This is in contrast with the regular issue of units by PLP to investors purchasing units di…”