FilingReader Intelligence

Carbon fund acquires CO2 units for treasury stock

April 16, 2025 at 10:00 AM UTCBy FilingReader AI

** Carbon Fund (NZX:CO2) announced today the acquisition of 3,182 CO2 units, priced at NZD1.4600 each, with a nominal value of NZD4,645.72. The purchase, executed on April 15, 2025, was made in cash and represents 0.0101% of the total units on issue. These units will be held as treasury stock, pursuant to the Master Trust Deed. Following the acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 31,526,618.00. Simultaneously, Carbon Fund reported its Net Tangible Assets (NTA) at 1.6431 per unit and confirmed the same number of units on issue,31,526,618.00. Carbon Fund aims to provide investors total return exposure to carbon credits, utilizing emissions trading schemes in New Zealand and offshore, the fund gains exposure to the price of carbon credits.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

NZX:CO2New Zealand Exchange

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