PLP – Continued demand and increased frequency of issue

PLP - Continued Demand and Increased Frequency of Issue of PLP Units Booster is pleased to advise that on-market buyer interest in PLP units is continuing to grow, and continues to exceed the units generally available for sale through the NZX Main Board. Additionally, there has been increasing levels of applications to Booster (as Manager) for new PLP units, which traditionally have been issued to investors at the end of each calendar month. Going forwards, Booster will look to issue new PLP units at additional times during the month in response to subscriber demand, where the aggregate demand exceeds 100,000 units. Redemption requests to the Manager will continue to be processed monthly. Issues or redemptions of units will continue to be subject to ensuring that this action remains in the best interests of all investors in the Fund. Effective 11 September 2020, Booster will issue new units to all pending subscribers. Booster Financial Services Limited (the parent company of the Manager) has confirmed it will purchase approximately 100,000 units from the Fund and will offer these units on the NZX Main Board at the Fund's net asset value. These units will be available on Tuesday 15 September 2020 on completion of the 2-day settlement process. 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:00359598 For:PLP Type:GENERAL Time:2020-09-11 09:48:07