Agriculture/forestry/fishing
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.
Issuer's description of this product:
New Ordinary Shares in Whakatohea Mussels (Opotiki) Limited
Minimum investment
$0.00
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
$1.50
This is the price per share of this offer. Additional details may be available.
Closing date
08 Dec 2017
This is when this offer closes to investors.
Key facts
Issuer's industry
Fixed offer price details
Fixed offer price description
Payment of $0.75 per New Share is required at the time of subscription. The remaining $0.75 per New Share is due for payment on 30 March 2018.
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.
WMO - Product Disclosure Statement.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.
Summary of the Water Space Licence.pdf
Summary of Harbour Transformation Project Deed.pdf
Total Estimated Costs of the Offer and Issue.pdf
Additional details
Issuer details
Name
WHAKATOHEA MUSSELS (OPOTIKI) LIMITED
Type
NZ Limited Company
Industry
Agriculture/forestry/fishing
NZBN
9429041304020
Credit rating
Not provided
Offer details
Date registered
17 November 2017
Date opened
17 November 2017
Closing date
08 December 2017
Continuous issue
No
Further payments may be required
Yes
Restrictions on transfer
Yes
Restrictions on acquisition
Yes:
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12238: OFFER OF NEW ORDINARY SHARES IN WHAKATOHEA MUSSELS (OPOTIKI) 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.