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 shares are a requirement of your relationship with Tatua as a Supplying Shareholder and are therefore not being offered solely as a financial investment. Supply shares in Tatua have a nominal value of 50 cents and confer on the holder: (a) the voting rights prescribed in clause 19 of the Constitution; (b) the right to share in the distribution of the surplus assets of Tatua on liquidation as specified in clause 25 of the Constitution; and (c) the right to payments and bonus shares made pursuant to clause 26 or 27 of the Constitution.

Issuer's description of this product:

Co-operative shares having a nominal value of 50 cents per share. No shares can be transferred to: (a) a person who is not a Supplying Shareholder; or (b) a person whose application to become a Supplying Shareholder has not been accepted by The Tatua Co-operative Dairy Company Limited (Tatua).

Minimum investment

$0.00

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

Ongoing

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

Manufacturing

Fixed offer price details

None

Additional details

Issuer details

Name

THE TATUA CO-OPERATIVE DAIRY COMPANY LIMITED

Type

NZ Co-operative Company

Industry

Manufacturing

Website

NZBN

Credit rating

Not provided

Offer details

Date registered

20 January 2017

Date opened

30 January 2017

Closing date

None

Continuous issue

Yes

Further payments may be required

Yes

Restrictions on transfer

Yes

Restrictions on acquisition

Yes: The shares are a requirement of your relationship with Tatua as a Supplying Shareholder and are therefore not being offered solely as a financial investment. Supply shares in Tatua have a nominal value of 50 cents and confer on the holder: (a) the voting rights prescribed in clause 19 of the Constitution; (b) the right to share in the distribution of the surplus assets of Tatua on liquidation as specified in clause 25 of the Constitution; and (c) the right to payments and bonus shares made pursuant to clause 26 or 27 of the Constitution.

Convertible product

No

Intending to list

No

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR11779: OFFER OF SHARES IN THE TATUA CO-OPERATIVE DAIRY COMPANY 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

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Interested in investing in this offer? Visit the provider's website. tatua.com