PLP – Continuing Demand for Units on NZX

PLP - Continuing Demand for Units on NZX Booster is pleased to acknowledge the strong level of buyer demand for units in the PLP through the NZX that has been placed over the last few days. As the volume of sellers remains extremely low this has resulted in an increasing level of unfulfilled demand for units. To meet this demand, the Manager of the Fund will issue further units with an effective date 17 January 2020. Booster Financial Services Limited (the parent company of the Manager) has confirmed it will purchase units from the Fund and will make these units available on the NZX Main Board at the Fund's net asset value. These units will be available on Wednesday 22 January 2020 on completion of the 2-day settlement process. A Directors and Officers' interests disclosure notice will be made on 22 January 2020 to confirm the allocation of units it has purchased and that it will resell on-market at NAV. Since its original listing on 18 September 2019, through to 14 January 2020, PLP has issued 8.6 million additional units and the total NAV of the fund has risen by $9.7 million while the per unit NAV has changed from $1.0425 to $1.0603. For more information, please contact: Gary Scott Company Secretary Booster Investment Management Limited 04 8944300 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 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:00347211 For:PLP Type:GENERAL Time:2020-01-17 10:15:49