There are some aspects of this fund which may require extra consideration before deciding to invest.
Issuer can withhold payment
In this case, the provider of this investment may not pay investors back straight away. This is important to know and acknowledge as you research investments.
Only eligible Trading Members of the Foodstuffs South Island Limited co-operative may subscribe for these Trading Deposit Shares
Issuer's description of this product:
Issue of Trading Deposit Shares to eligible Trading Members of the Foodstuffs South Island Co-operative
Minimum investment
$0.00
This is the minimum amount you would need to put into this in order to invest.
Fixed offer price
$1.00
This is the price per share of this offer. Additional details may be available.
Closing date
07 Jul 2023
This is when this offer closes to investors.
The details
Fixed offer price details
$1.00
Fixed offer price description
$1.00 per share, being the nominal value under the Foodstuffs South Island Limited Constitution
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.
TDSPDS 2023.pdf
How this investment works, including about the provider, risks, costs and potential returns
PDF, 407.24 KB
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
TDS Total Estimated Costsofofferand Issue.pdf
Foodstuffs South Island estimate of issue costs
PDF, 425.75 KB
Additional details
Issuer details
Name
FOODSTUFFS SOUTH ISLAND LIMITED
Type
NZ Co-operative Company
Industry
Other
Website
NZBN
9429039459077
FSP Number
Credit rating
Not provided
Offer details
Date registered
7 June 2023
Date opened
16 June 2023
Closing date
7 July 2023
Continuous issue
No
Further payments may be required
No
Restrictions on transfer
Yes
Restrictions on acquisition
Yes: Only eligible Trading Members of the Foodstuffs South Island Limited co-operative may subscribe for these Trading Deposit Shares
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR13548: TRADING DEPOSIT SHARES