Carbon fund acquires CO2 units for treasury stock purposes

Carbon Fund (NZX:CO2) announced the acquisition of 105,156 CO2 units, valued at NZD154,400.55, for treasury stock purposes. The acquisition, made on June 24, 2025, was conducted under the terms of the Master Trust Deed, with the purchase price set at 1.4683 per unit. The payment was made in cash, fully paid, and represents 0.3659% of the total units on issue. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 28,742,339.00. These shares will be held as treasury stock pursuant to the Master Trust Deed. Salt Investment Funds Limited manages the Carbon Fund, which aims to provide investors with exposure to carbon credit prices in both New Zealand and international emissions trading schemes. The Net Tangible Assets per unit is reported as 1.7409 as of the acquisition date.