There are some aspects of this fund which may require extra consideration before deciding to invest.
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.
New A shares issued by DMS Progrowers Limited may only by acquired by kiwifruit or avocado growers (whether or not customers of DMS Progrowers Limited). No restriction on who may acquire existing A shares offered by DMS Horticulture Limited.
Issuer's description of this product:
Class A Shares in DMS Progrowers 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
Price fixed until 1 July 2017. Price fixed by reference to DMS Progrowers Limited net tangible asset backing per share.
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.
PDS DMS Progrowers Limited - 31 October 2019.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 October 2017.pdf
DMS Group management agreement - 12 May 2012.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DM.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers.pdf
Information incorporated by ref in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Ltd.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Ltd.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Ltd.pdf
DMS Group Management Agreement - 18 July 2018.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers.pdf
DMS Progrowers COVID19 Exemption Relief Notice 2.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Ltd.pdf
Info incorporated by reference in PDS for an offer of A Shares in DMS Progrowers.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Limited.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Limited.pdf
Information_incorporated_by_reference_in_Product_Disclosure_Statement_for_an_offer_of_A_Shares_in_DMS_Progrowers_Limited.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Limited.pdf
Information incorporated by reference in Product Disclosure Statement for an offer of A Shares in DMS Progrowers Limited.pdf
Additional details
Issuer details
Name
DMS PROGROWERS LIMITED
Type
NZ Limited Company
Industry
Agriculture/forestry/fishing
Website
NZBN
9429039050014
FSP Number
Credit rating
Not provided
Offer details
Date registered
23 January 2017
Date opened
01 February 2017
Closing date
None
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
No
Restrictions on acquisition
Yes: New A shares issued by DMS Progrowers Limited may only by acquired by kiwifruit or avocado growers (whether or not customers of DMS Progrowers Limited). No restriction on who may acquire existing A shares offered by DMS Horticulture Limited.
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR11778: OFFER OF CLASS A SHARES IN DMS PROGROWERS 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. dms4kiwi.co.nz