Announcement
CORPACT: PLP: PLP - Distribution Notice
02:44pm
PLP
16/06/2022 14:44
CORPACT
PRICE SENSITIVE
REL: 1444 HRS Private Land and Property Fund
CORPACT: PLP: PLP - Distribution Notice
PLP Distribution Notice - for payment 16th June 2022
Distribution Announcement
Booster Investment Management Limited, in its capacity as manager of the
Private Land and Property Fund, is pleased to announce a distribution for the
quarter ended 30 June 2022.
You must be a registered security holder of the Fund on the Record Date of 23
June 2022 to be eligible for this distribution.
The distribution of 0.81 cents per unit is fully imputed, which is equivalent
to a pre-tax payment of 0.93%. The distribution is based on the cash
earnings of the Fund over the period 1 April 2022 to 30 June 2022.
The Fund is currently generating annual cash based pre-tax earnings of 3.41%
from its lease income and grape supply contracts, plus also continues to
benefit from valuation gains on its land under development, which is
reflected in the net asset value of the units.
The Distribution Reinvestment Plan is available for this distribution. All
elections to participate must be received by 5:00pm on the Record Date.
For further information regarding the Private Land and Property Fund visit
https://www.booster.co.nz/booster-investments/private-land-and-property-fund
About Booster
Booster Investment Management Limited (Booster) is the manager and issuer of
the Fund, and part of the Booster Group which has been helping New Zealanders
save since 1998. The group currently administers superannuation and
investment funds of over $5 billion on behalf of more than 170,000 New
Zealanders.
PLP is a managed investment fund that invests in land and property-based
investments by investing in units in Booster's Private Land and Property
Portfolio. PLP only holds these units.
For more information, including a copy of the Product Disclosure Statement
and the latest net asset value per unit, please visit www.booster.co.nz
End CA:00393897 For:PLP Type:CORPACT Time:2022-06-16 14:44:53
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