Private Land and Property Fund issues new units under DRP

The Private Land and Property Fund (PLP) has announced the issuance of 1,314,595 new ordinary units, effective December 18, 2025. These units were issued under the company's Distribution Reinvestment Plan (DRP) at a price of NZD 1.2876 per security, representing a cash payment that is fully paid up.

This issuance accounts for 0.81% of the total units on issue as of the previous day, bringing the total number of Financial Products of the Class after the issue to 163,677,437. All newly issued units rank pari passu with existing units.