Wholesale
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 Growers who meet the eligibility criteria set out in the Product Disclosure Statement may be issued Shares.
Issuer's description of this product:
Ordinary Shares in Wools of New Zealand Limited
Minimum investment
$0.00
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
Closing date
05 Mar 2019
This is when this offer closes to investors.
Key facts
Issuer's industry
Fixed offer price details
Fixed offer price description
No subscription price is payable for the Shares. Only Growers who meet the eligibility criteria set out in the Product Disclosure Statement may be issued Shares.
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.
Wools of New Zealand Limited - 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.
Substantial Shareholder Disclosure.pdf
Director profiles.pdf
Total estimated costs of offer and issue.pdf
Selected Financial Information.pdf
Additional details
Issuer details
Name
WOOLS OF NEW ZEALAND LIMITED
Type
NZ Limited Company
Industry
Wholesale
NZBN
9429033939780
FSP Number
Credit rating
Not provided
Offer details
Date registered
26 March 2018
Date opened
04 April 2018
Closing date
05 March 2019
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: Only Growers who meet the eligibility criteria set out in the Product Disclosure Statement may be issued Shares.
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12277: AN OFFER OF ORDINARY SHARES BY WOOLS OF NEW ZEALAND 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.