Carbon Fund acquires 184,390 CO2 units for NZD 239,707

On November 13, 2025, Carbon Fund acquired 184,390 CO2 units for NZD 239,707, according to an NZX announcement. The acquisition price per unit was NZD 1.30, paid in cash, with the units held as treasury stock. This transaction represents 0.7663% of the total units on issue, bringing the total fully paid ordinary units in existence after the acquisition (excluding treasury stock) to 24,061,087.

The Carbon Fund, managed by Salt Investment Funds Limited, aims to provide investors with exposure to carbon credit prices, primarily through purchasing and holding carbon credits in the NZ Emissions Trading Scheme. As of November 12, 2025, the fund reported units on issue at 24,061,087 and a net tangible asset of 1.4724.

Salt Funds Management, an award-winning firm with approximately NZD 2 billion under management, focuses on proprietary research. This acquisition aligns with the fund's strategy to maintain a strong portfolio of carbon credits.