The issuer of this investment has indicated that a minimum of $149,500 must be raised before it is issued.
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.
Issuer's description of this product:
The issue of up to six ordinary shares in NZ Boat Share GT40-2 Limited to shareholders who will have additional rights to use a Beneteau Gran Turismo Vessel to be owned by NZ Boat Share GT40-2 Limited
Minimum investment
$149,500
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
$149,500
This is the price per share of this offer. Additional details may be available.
Closing date
24 Sep 2020
This is when this offer closes to investors.
Key facts
Minimum total to be raised
Issuer's industry
Other
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 NZ Boat Share GT40-2 Limited.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.
Management Agreement.pdf
Sale and Purchase Agreement.pdf
Vessel Rules.pdf
Additional details
Issuer details
Name
NZ BOAT SHARE GT40-2 LIMITED
Type
NZ Limited Company
Industry
Other
NZBN
9429047662933
FSP Number
Credit rating
Not provided
Offer details
Date registered
25 September 2019
Date opened
02 October 2019
Closing date
24 September 2020
Continuous issue
No
Further payments may be required
Yes
Restrictions on transfer
Yes
Restrictions on acquisition
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12729: OFFER OF SHARES IN NZ BOAT SHARE GT40-2 LIMITED
Next steps
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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.