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 Board has sole discretion to accept or decline share applications under its Constitution.

Issuer's description of this product:

A continuous offer to transacting shareholders for nominal $1 Ordinary Rebate Shares in Primary Wool Co-operative Limited to give farmers a stake in the ownership of the co-operative.

Minimum investment

$1,000

This is the minimum amount you would need to put into this in order to invest.

Fixed offer price

None

There is no fixed offer available for this investment.

Fixed offer price details

Closing date

09 Dec 2021

This is when this offer closes to investors.

Key facts

Provider website

Issuer's industry

Agriculture/forestry/fishing

Fixed offer price details

None

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.

pdf, 204 KB

Additional details

Issuer details

Name

PRIMARY WOOL CO-OPERATIVE LIMITED

Type

NZ Co-operative Company

Industry

Agriculture/forestry/fishing

NZBN

Credit rating

Not provided

Offer details

Date registered

23 November 2016

Date opened

21 December 2017

Closing date

09 December 2021

Continuous issue

Yes

Further payments may be required

Yes

Restrictions on transfer

Yes

Restrictions on acquisition

Yes: The Board has sole discretion to accept or decline share applications under its Constitution.

Convertible product

No

Intending to list

No

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR11187: OFFER OF ORDINARY REBATE SHARES IN PRIMARY WOOL CO-OPERATIVE 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. primarywool.co.nz