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.

Investors must satisfy Oyster Industrial's AML/CFT requirements

Issuer's description of this product:

Ordinary Shares

Minimum investment

$51,500

This is the minimum amount you would need to put into this in order to invest.

Fixed offer price

$1.03

This is the price per share of this offer. Additional details may be available.

Fixed offer price details

Closing date

12 Apr 2021

This is when this offer closes to investors.

Key facts

Minimum total to be raised

The issuer of this investment has indicated that a minimum of $60,615,500 must be raised before it is issued.

Issuer's industry

Rental/hiring/real-estate

Fixed offer price details

$1.03

Fixed offer price description

Oyster Industrial Limited has fixed an offer price of $1.03 per share

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.

pdf, 4 MB

Additional details

Issuer details

Name

OYSTER INDUSTRIAL LIMITED

Type

NZ Limited Company

Industry

Rental/hiring/real-estate

NZBN

Credit rating

Not provided

Offer details

Date registered

24 December 2020

Date opened

11 January 2021

Closing date

12 April 2021

Continuous issue

No

Further payments may be required

No

Restrictions on transfer

Yes

Restrictions on acquisition

Yes: Investors must satisfy Oyster Industrial's AML/CFT requirements

Convertible product

No

Intending to list

No

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR13010: OYSTER INDUSTRIAL 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.