Carbon fund acquires CO2 units for Treasury, NTA announced

Carbon Fund (NZX:CO2) announced the acquisition of 22,875 CO2 units for a total of NZD32,482.50, priced at NZD1.4200 per unit. The acquisition, executed on May 30, 2025, increases the fund's treasury stock under the Master Trust Deed, representing 0.0771% of total units on issue. Following the transaction, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 29,680,194.00. In a related announcement, Salt Investment Funds Limited reported the Net Tangible Assets (NTA) for the Carbon Fund as NZD1.6678 per unit as of May 30, 2025. The Carbon Fund aims to provide investors with exposure to carbon credit prices through emissions trading schemes in New Zealand and offshore. Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, manages the Fund.