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.
Only Transacting Shareholders (as that term is defined in the Rules) are eligible to become shareholders of Farmlands. A person must subscribe for a minimum of 500 shares ($500) in order to become a shareholder (except certain Farmlands employees who may subscribe for 200 shares ($200)).
Issuer's description of this product:
Ordinary shares in Farmlands Co-operative Society Limited
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
This is the price per share of this offer. Additional details may be available.
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
Agriculture/forestry/fishing
Fixed offer price details
Fixed offer price description
Nominal value under Farmlands Co-operative Society Limited's Rules
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.
Product-Disclosure-Statement_PDS_November 2024.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.
Supplementary_Document_November_2018__Selected_financial_information_table.pdf
Supplementary Document November 2019 Selected financial information table.pdf
Supplementary Document November 2020 Selected financial information table.pdf
2021_11_18 Farmlands Group Selected Financial Information.pdf
Supplementary_Document_December_2022_Selected_financial_information_table.docx.pdf
Supplementary Document November 2023 Selected financial information table.pdf
Supplementary Dcoument November 2024 information table.pdf
Additional details
Issuer details
Name
FARMLANDS COOPERATIVE SOCIETY LIMITED
Type
Industrial and Provident Society
Industry
Agriculture/forestry/fishing
Website
Registration number in country of origin
225946
NZBN
9429042618577
FSP Number
Credit rating
Not provided
Offer details
Date registered
25 November 2016
Date opened
03 December 2016
Closing date
None
Continuous issue
Yes
Further payments may be required
Yes
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: Only Transacting Shareholders (as that term is defined in the Rules) are eligible to become shareholders of Farmlands. A person must subscribe for a minimum of 500 shares ($500) in order to become a shareholder (except certain Farmlands employees who may subscribe for 200 shares ($200)).
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR11132: OFFER OF ORDINARY SHARES IN FARMLANDS CO-OPERATIVE SOCIETY LIMITED
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. farmlands.co.nz