Punakaiki Fund makes long-term investments into high-growth, revenue-generating New Zealand technology companies.
The company has a portfolio of investments in 14 core Portfolio Companies valued at $48.3 million, and total assets, including cash, of $49.3 million.
The November 2019 Retail Offer to the Public
The November 2019 Retail Offer opens for investment between 31 October and 20 November 2019. You will be able to apply online, or by filling out the application form attached to the Product Disclosure Statement.
The iNAV per share is $22.95 (17 October), and the offer is priced at $23.00 per share.
The Retail Offer is in conjunction with a discounted rights issue, where existing and new investors holding shares after the offer closes will have the right to buy one share at $16 for every 7 shares they hold.
All investors will also be able to request to subscribe for discounted shares not taken up by other investors (shortfall shares), with any excess demand resulting in scaling down of the shares allocated to each investor.
Please read the product disclosure statement for more. Punakaiki Fund Limited prepared the document in accordance with the Financial Markets Conduct Act 2013. You can also seek advice from a financial adviser to help you to make an investment decision.
Join the mailing list below and we will send you the online application when the offer opens.
Core Portfolio Companies
The 14 companies represent a diverse range of industries, products and services and business models. Their aggregate revenues over the twelve months to 30 June 2019 (not weighted by our shareholding) were $124 million.
For more detailed information, please check out our founding documents, annual reports, board members and other investment links in our Key Documents section.