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 available to holders of I Class Shares in the Offeror
Issuer's description of this product:
Barrhill Chertsey Irrigation Limited is offering a maximum of 19,292,000 EA Shares to Shareholders who hold I Class Shares in BCI and who currently take irrigation water from BCI.
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 is when this offer closes to investors.
Key facts
Provider website
Minimum total to be raised
The issuer of this investment has indicated that a minimum of $33,761,000 must be raised before it is issued.
Issuer's industry
Agriculture/forestry/fishing
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.
Product Disclosure Statement - Barrhill Chertsey (20 July - FINAL).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.
BCI Prospective Financial Information (20 July 2017).pdf
Water Agreement (Final 16 Sept 2014).pdf
Sale and Purchase Agreement with EAL.pdf
Agreement with EAL relating to termination of preferred income right.pdf
Stored Water Release Agreement - Signed.pdf
Pumping Deed.pdf
Costs of Offer and Issue.pdf
Access to Infrastructure Deed with attached Variation Deed.pdf
Additional details
Issuer details
Name
BARRHILL CHERTSEY IRRIGATION LIMITED
Type
NZ Co-operative Company
Industry
Agriculture/forestry/fishing
Website
NZBN
9429037775193
FSP Number
Credit rating
Not provided
Offer details
Date registered
20 July 2017
Date opened
20 July 2017
Closing date
21 August 2017
Continuous issue
No
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: Only available to holders of I Class Shares in the Offeror
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12045: OFFER OF EA SHARES IN BARRHILL CHERTSEY IRRIGATION 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. bciwater.co.nz