Register for the upcoming NZPM Redeemable Preference Share Secondary Market Trading Event. 

This is an opportunity to invest in the co-operative outside of fixed capital raise windows by participating in a Secondary Market Trading Event.

NZPM Co-operative Limited (NZPM) was formed in 1964 by a group of Master Plumbers. NZPM has seen significant growth and evolution over the past 60 years of business with annual turnover in excess of $260 million and over 1,000 shareholders. NZPM’s main trading entity is Plumbing World, a trade and retail focused business with 57 branches nationwide. NZPM is the largest 100% New Zealand owned national plumbing merchant supplying a wide range of products from basic plumbing, gasfitting and drainage products to high-end bathroom ware.

NZPM Redeemable Preference Shares are a standalone retail investment share available to all investors and are available on Syndex.  The full terms of issue are set out in the Product Disclosure Statement.  These shares earn a fixed dividend return, paid quarterly. The current dividend rates are posted on their website. NZPM offers fixed returns for quarterly, two-year, three-year and four-year commitments up to a current rate of 6.0% pa.

This trading event is an opportunity to invest in an established NZ owned co-operative operating recognisable and successful brands. With a proud history over 60 years, if you are looking to diversify your portfolio by investing in this well-established business with national coverage, offering a competitive rate of return, register your interest below.

Trading Event Open: Tuesday 30th Sept at 9 am NZT

Trading Event Close: Thursday 2nd Oct at 4pm NZT