Sharechat Logo

Private Land and Property Fund (NZX: PLP) Change in Harvest Estimates

Monday 1st March 2021

Text too small?

The Manager has undertaken a review of its estimated revenue from the sale of grapes for the 2021 harvest as well as for future harvests on development land. This estimate is based on the expected prices for the grapes, and the anticipated grape yield from each vineyard, and is reflected in the net asset value of the Fund.

Following that assessment, the estimated revenue has been increased, which has an impact to the net asset value of the Fund of a 0.31% increase.

This adjustment will be reflected in the unit price for 26 February 2021 and this price will be published on 2 March 2021.

Please see the link below for details:

PLP - Changes in Harvest Estimates

Source: Private Land and Property Fund

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Pacific Edge Limited (NZX: PEB) United Healthcare Issues Positive Coverage Cxbladder
Scott Technology Limited (NZX: SCT) 2021 Half Year Announcement
NZX Limited (NZX: NZX) Appoints Specialist Global Expert to Tech Committee
AFT Pharmaceuticals Limited (NZX: AFT) Secures New Partners in Poland and Greece
Radius Residential Care Limited (NZX: RAD) Christchurch Property Development Update
Air New Zealand Limited (NZX: AIR) Welcomes Announcement of Tasman Bubble
Accordant Group Limited (NZX: AGL) Intention to Acquire up to 1,000,000 Ordinary Shares
Millennium & Copthorne Hotels New Zealand Limited (NZX: MCK) Update on Proposed Whangarei Hotel Development
Contact Energy Limited (NZX: CEN) Buys Geothermal Specialists Western Energy Services
Chorus Limited (NZX: CNU) Notice to Dividend Reinvestment Plan Participants