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.
Ordinary Shares may only be issued to persons who supply, or intend to supply, fruit to EastPack, Employees of EastPack, Directors of EastPack who are suppliers of fruit and certain other qualifying persons as determined by the Board.
Issuer's description of this product:
Ordinary Shares in EastPack Limited
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
Closing date
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
Agriculture/forestry/fishing
Fixed offer price details
Fixed offer price description
Ordinary Shares have no nominal value and are expected to be issued on an annual basis at a price determined by the Board having regard to an independent valuation.
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.
EastPack Limited - PDS for an offer of ordinary shares 28 November 2022.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.
EastPack Limited - Information incorporated by reference in PDS 19 June 2020.pdf
EastPack Limited - Information incorporated by ref June 2021.pdf
EastPack Limited - Information incorporated by reference in PDS 28 November 2022.pdf
EastPack Limited - Information incorporated by ref June 2024.pdf
Additional details
Issuer details
Name
EASTPACK LIMITED
Type
NZ Limited Company
Industry
Agriculture/forestry/fishing
Website
NZBN
9429040035284
FSP Number
Credit rating
Not provided
Offer details
Date registered
22 June 2020
Date opened
29 June 2020
Closing date
None
Continuous issue
Yes
Further payments may be required
Yes
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: Ordinary Shares may only be issued to persons who supply, or intend to supply, fruit to EastPack, Employees of EastPack, Directors of EastPack who are suppliers of fruit and certain other qualifying persons as determined by the Board.
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR12893: OFFER OF ORDINARY SHARES IN EASTPACK 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. eastpack.co.nz