Buying & Selling on the Secondary Market

Buying & Selling on the Secondary Market

Secondary Market Procedures

While Pohutukawa shares will not be quoted on a registered stock exchange, Craigs Investment Partners facilitates a secondary market for willing buyers/sellers of Pohutukawa I and Pohutukawa II shares.

Guidelines for buying/selling Pohutukawa shares are:

  • To initiate a share transaction contact your usual investment adviser. Discuss with your investment adviser whether a private equity investment and the risk involved is appropriate for you. Alternatively you may contact Craigs Investment Partners directly – see contact details below.
  • Orders are to be placed through your Broker.
  • Brokerage will be applicable for share transactions.
  • The Pohutukawa I security code with Craigs Investment Partners is PPEUL
  • The Pohutukawa II security code with Craigs Investment Partners is PPE2PPUL
  • The last sale price is either shown in the Current Market Prices menu, or prices can be obtained by phoning Bryon Burke, Head of Equities at Craigs Investment Partners direct on 07-927 7938.

To sell Pohutukawa please:

  • Provide your adviser/broker with your shareholder number. (CSN/FIN not applicable for non-FASTER)
  • Complete and sign a NZ Securities Transfer Form (seller to sign)
  • Your adviser/broker will arrange to have the sell order placed through Craigs Investment Partners.

To buy Pohutukawa please contact your investment advisor and advise the number of Pohutukawa shares you seek and your bid price.

  • Buyers who are not already shareholders in Pohutukawa will need to request and read the Pohutukawa Prospectus and Investment Statement.
  • A copy of the Prospectus for Pohutukawa I can be viewed here: Download PDF; and a copy of the Prospectus for Pohutukawa II can be viewed here: Download PDF.
  • Complete and sign a NZ Securities Transfer Form (buyer to sign)
  • Please send the signed Securities Transfer Form to Craigs Investment Partners Limited, Scrip Department, P O Box 13155, Tauranga 3141.
  • A contract note will be sent to the buyer/seller for successful bids/offers with normal settlement terms applying, i.e. payment for purchases is to be made within 3 days of purchase.
  • Craigs Investment Partners will complete registration of the transaction with the Registrar and the purchaser will receive confirmation within a week of settlement.
  • Further information on buying and selling Pohutukawa shares can be obtained by e-mailing enquiries@pohutukawafund.co.nz or phoning Peter Lalor on 07-927 7927. NZX Firms who have clients interested in buying or selling Pohutukawa may also contact Bryon Burke, Head of Equities direct on 07-927 7938.