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Senior Trust Retirement Village Listed Fund (NZX: SRF) Pro-Rata Redemption Of Units Update

Wednesday 13th January 2021

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The Senior Trust Retirement Village Listed Fund (“the Fund”) previously advised that Senior Trust Management Limited (“the Manager”) is able to redeem units in the Fund concluding on (or before) 11 March 2021 (“the Maturity Date”).

The Manager also notified the market that it intends to undertake further pro-rata redemption of units and delist after the final redemption (subject to NZ RegCo approval).

It is noted the Manager announced the pro-rata redemption of units on the 5th January 2021 and 12th January 2021.

At this stage, the Manager intends to undertake one further redemption. While the exact date is not known, we consider that the final redemption may occur prior to the end of January 2021.

In the event that our expectation in regards to timings change, we will provide a further update to the market.

See the link below for more details:

Senior_Trust_Redemption_Update_13.01.21

Source: Senior Trust Retirement Village Listed Fund



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