PLP - Additional Disclosure Document

Booster Investment Scheme 2
Additional Other Material Information Document
1 April 2025

What is this?
This is an additional Other Material Information Document for the Booster Investment Scheme 2 Offer, the
Private Land and Property Fund (PLPF). This document is to update Section 3 and Section 8 of the Other
Material Information Document (OMI) dated 29 October 2024.
This document is to be read together with the OMI.
Supplementary Information
Section 3 Update
From 1 April 2025 a statement recorded under the ‘Investing in the Fund section’ is being updated to
include that the custodian for most investors is Asset Custodian Nominees Limited (ACNL), while for
some investors the custodian may be different:
• Section 3.1: Investing in the Fund (current statement up to 31 March 2025)
The Agreement enables the investor to invest in the Fund through an account in the System
and sets out the terms and conditions upon which access is provided through the System.
Under the Agreement all of the investor’s investments are held by, and in the name of, a
custodian to the System to ensure that beneficial ownership of the investments remain with
the investor, not the financial adviser or us. The custodian is Asset Custodian Nominees
Limited (ACNL), a related party of the Manager which acts as a bare trust established solely
for this purpose. The custodian of the System can change from time to time without prior
notification. By accessing the Fund via the System, the investor is not subscribing for units in
the Fund directly.
• Section 3.1: Investing in the Fund (revised statement effective from 1 April 2025)
The Agreement enables the investor to invest in the Fund through an account in the System
and sets out the terms and conditions upon which access is provided through the System.
Under the Agreement all of the investor’s investments are held by, and in the name of, a
custodian to the System to ensure that beneficial ownership of the investments remain with
the investor, not the financial adviser or us. The custodian for most investors is Asset
Custodian Nominees Limited (ACNL), a related party of the Manager which acts as a bare
trust established solely for this purpose. For some investors the custodian may be different.
The custodian of the System can change from time to time without prior notification. By
accessing the Fund via the System, the investor is not subscribing for units in the Fund
directly.
Section 8 Update
From 1 April 2025 a statement recorded under the ‘Who is involved with the Scheme’ section is being
updated to include an additional person on the Manager’s Board of Directors:
• Section 8: Who is involved with the Scheme:
Diana Papadopoulos, Wellington (Alternate Director)
BCA (Hons)

Diana is an alternate director on our board of directors and Chief
Executive Office of Booster Financial Services Limited. Diana was
previously the Chief Customer Officer. Diana has 20 years of
commercial experience across multiple functional areas.
Remuneration is made up of salary.