Announcement
CORPACT: PLP: PLP Distribution Notice
09:48am
PLP
12/01/2021 09:48
CORPACT
PRICE SENSITIVE
REL: 0948 HRS Private Land and Property Fund
CORPACT: PLP: PLP Distribution Notice
PLP Distribution Notice - for payment 27 January 2021
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 31 December 2020.
You must be a registered security holder of the Fund on the Record Date of 19
January 2021 to be eligible for this distribution.
The distribution of 0.53 cents per unit is fully imputed, which is equivalent
to a pre-tax payment of 0.69%. The distribution is based on the cash
earnings of the Fund over the period 1 October 2020 to 31 December 2020.
The Fund is currently generating annual cash based pre-tax earnings of 4.5%
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 $3.5 billion on behalf of more than 120,000 New
Zealanders.
For more information, including a copy of the Product Disclosure Statement,
please visit www.booster.co.nz
End CA:00366099 For:PLP Type:CORPACT Time:2021-01-12 09:48:20
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