There are some aspects of this fund which may require extra consideration before deciding to invest.
Restrictions on transfer
There are rules around transfering in and out of this investment, which may depend on eligibility. For example, overseas investors may not be able to transfer into some New Zealand managed funds. Or there may be restrictions on withdrawals, such as not until age 65 for KiwiSaver funds.
Restrictions on acquisition
In this case, there are limits or exclusions on buying this investment that are important to know and acknowledge before you do.
The offer is made to transacting shareholders (as defined in section 4 of the Co-operative Companies Act 1996).
Issuer's description of this product:
Ordinary shares and redeemable preferences shares
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
Closing date
This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the forseeable future.
Key facts
Provider website
Issuer's industry
Wholesale
Fixed offer price details
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
NZPM Product Disclosure Statement for Transacting Shareholders (26 February 2025).pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
NZPM Ordinary Shareholder Definition.pdf
Supplementary Document - NPZM Ordinary and RP Shares (7 July 2017).pdf
Sale of Aquatherm - 4 April 2018.pdf
Extension of loan agreements - 10 December 2019.pdf
Announcement - Covid19 - 27 March 2020.pdf
Ordinary Shareholder Definition - 24 June 2021.pdf
Announcement - NZPM Earnings and Rebate Dividend update - March 2021.pdf
Trust Deed relating to Redeemable Preference Shares (1 July 2016) - signed.pdf
Ordinary Shareholder Definition.pdf
Additional details
Issuer details
Name
NZPM CO-OPERATIVE LIMITED
Type
NZ Co-operative Company
Industry
Wholesale
Website
Registration number in country of origin
210161
NZBN
9429039986900
FSP Number
Credit rating
Not provided
Offer details
Date registered
04 July 2016
Date opened
04 July 2016
Closing date
None
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: The offer is made to transacting shareholders (as defined in section 4 of the Co-operative Companies Act 1996).
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR10694: OFFER OF ORDINARY SHARES AND REDEEMABLE PREFERENCE SHARES BY NZPM CO-OPERATIVE LIMITED TO TRANSACTING SHAREHOLDERS
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. nzpm.co.nz