Application for debenture stock listed on the Primary Market of the New Zealand Dentures Exchange, will be accepted only on the application form accompanying the respective investment statement.

Personal or bank cheques, made payable to the issuer, will be accepted for investment deposits. In most cases, direct funds transfer to the issuer is also possible. All deposits must be accompanied by a completed application form.

No brokerage is payable by the purchaser.

Payment for debentures trading and securities purchased on the the New Zealand Debentures Exchange may be made by cheque, direct bank credit or through the online PayPal transaction system.

To initiate a payment through PayPal, click on the PayPal icon below.

Securities traded on the Secondary Market of the New Zealand Debentures Exchange, will attract brokerage at the rate specified in the Exchange Rules with a minimum transaction cost of $30. All brokerage is payable by the seller. No brokerage is payable by the purchaser.

On the matching of bid and offer (buy and sell) prices for any listed security, both parties will be advised that a successful sale has been contracted. On receipt of this advice plus an accompanying invoice, buyer will deposit the required transaction cost to the Canopus Investments Limited Holding Account, either by cheque, bank draft, direct funds transfer or by using the PayPal online payments system.

The seller will also forward the relevant stock certificate(s) to the New Zealand Debentures Exchange for verification and presentation to the registrar for processing. On advice from the registrar that the stock has been transferred to the buyer, The New Zealand Debentures Exchange will forward funds, held in the Holding Account for that transaction, to the seller, less brokerage and any miscellaneous transaction costs including communications and postage.

Currencies will be converted at the prevailing rate from the Reuters Foreign Exchange public access service on the day of the transaction or other reputable source if the Reuters source is unavailable.

Statement of Disclosure

The New Zealand Debentures Exchange is not a registered stock exchange or securities exchange in terms of the New Zealand Securities Markets Act 1988, and is therefore not regulated as a securities exchange under New Zealand law.

Conditions of use of this website

Use of this website denotes agreement to the following conditions:

Disclaimer

The New Zealand Debentures Exchange is owned and managed by Canopus Investments Limited, a privately owned New Zealand financial services company. To the maximum extent permitted by law, neither the owners, managers, employees nor associates of the New Zealand Debentures Exchange accept any liability whatsoever for transactions initiated through this website. Neither the owners, managers, employees nor associates of the New Zealand Debentures Exchange guarantee the performance of any party to any contract established through this website.

Information provided on this website does not constitute a recommendation or advice to purchase any investment or service listed or mentioned on this website. Information displayed on this website is not intended as specific investment advice and should not be relied on for making investment decisions. Investments mentioned on this website may not be appropriate for individual investment objectives or individual financial circumstances. Investors requiring specific investment advice should consult Canopus Investments Limited. A Financial Adviser Disclosure Statement is available on request, free of charge.

Information provided on this website is compiled from information believed to be accurate at the time of publication but no guarantee as to the accuracy of information displayed on this website is given, intended or implied.

Neither the New Zealand Debentures Exchange, nor its owners, directors, officers and associates, guarantee the expected return or any other return from investments mentioned on this website.

Information provided on this website is not intended to create, nor does it create, any legal obligation, responsibility or contract between the owners, managers, employees or associates of the New Zealand Debentures Exchange and any other party.

Acceptance of offers

Information provided on this website does not constitute an offer of primary issue securities as such offer is only made on receipt of a completed application form. Application for primary issue securities will only be accepted when made on the application form accompanying the formal offer document.

Application to purchase securities listed on Debex secondary markets will only be accepted when made in accordance with the Secondary Market Trading Rules.

Restrictive Jurisdictions

No investment, product or service referred to on this website is, or will be, knowingly offered to any person or entity residing in, or subject to, a restrictive jurisdiction where the offer of such investments would be unlawful. Any person or entity requesting information about, or making application for, any investment, product or service referred to on this website, will be deemed to have declared that the person or entity making the request or application is free to receive such offers and is not subject to any restrictive jurisdiction where such action would be considered unlawful.

Copyright

Information published on this website is provided on a non-prejudicial basis only. It may not be used for other than the purpose for which it is intended, that is, the obtaining of financial services information. International copyright to the material on this website is held by Canopus Investments Limited. Unless specifically authorised by Canopus Investments Limited in writing, all copying, forwarding or alternative use of information obtained from this website, in any manner whatsoever, by any individual, entity, corporate, state or representative of such entities, is prohibited and may be deemed to constitute breach of copyright.

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