RFM Poultry ARSN 164 851 218

RFM Poultry wind-up information.

On 28 October 2019, Rural Funds Management (RFM), as responsible entity for RFM Poultry (RFP or Trust), announced it had entered into agreements to sell all of RFP’s poultry assets to ProTen Investment Management Pty Ltd as trustee for ProTen Investment Trust (ProTen), and to terminate the Leases and the Growing Contracts upon completion of the sale. The sale was subject to certain conditions including approval from Unitholders in RFP. RFP Approval was received on 28 November 2019 and settlement occurred on 19 December 2019.

Two wind-up distributions totalling $0.7583 have been paid to Unitholders (detailed below).

Following the payment of the final distribution, termination notices under clause 20.2.2 of the RFP Constitution were issued to Unitholders on 7 May 2020. The unaudited net asset value of RFP securities is $0.00 per unit and no further distributions will be paid to Unitholders. Subsequently, RFP will be delisted from the National Stock Exchange (NSX) as of 31 May 2020.

Unitholders will continue to hold units until completion of the final audit and notice period, expected to be prior to December 2020.

RFM will provide further updates to Unitholders as required. For any questions, please contact RFM Investor Services. For more information regarding the transaction and wind-up, refer to NSX announcements link below.

 

NSX Announcements

Financial information

RFP Distribution History

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Financial Information

RFP Distribution History

Record Date Reinvestment Date Cash Payment Date Distributions Paid
(per unit)
Franking Credits Total Gross
Distribution1
24/04/2020 N/A 07/05/2020 $0.058300 $0.000000 $0.0583003
20/02/2020 N/A 28/02/2020 $0.700000 $0.000000 $0.7000002
29/03/2019 N/A 30/04/2019 $0.013011 $0.004935 $0.017946
31/12/2018 N/A 31/01/2019 $0.026022 $0.009870 $0.035892
30/09/2018 N/A 31/10/2018 $0.026920 $0.010211 $0.037131
29/06/2018 N/A 31/07/2018 $0.025125 $0.009530 $0.034655
29/03/2018 N/A 30/04/2018 $0.025125 $0.010768 $0.035893
29/12/2017 N/A 31/01/2018 $0.025125 $0.010768 $0.035893
29/09/2017 NA 31/10/2017 $0.025125 $0.010768 $0.035893
30/06/2017 NA 31/07/2017 $0.025125 $0.010768 $0.035893
31/03/2017 NA 28/04/2017 $0.025125 $0.010768 $0.035893
29/12/2016 NA 31/01/2017 $0.025125 $0.010768 $0.035893
30/09/2016 NA 28/10/2016 $0.025125 $0.010768 $0.035893
30/06/2016 NA 29/07/2016 $0.025125 $0.010768 $0.035893
31/03/2016 NA 29/04/2016 $0.025125 $0.010768 $0.035893
31/12/2015 NA 29/01/2016 $0.025125 $0.010768 $0.035893
30/09/2015 NA 30/10/2015 $0.025125 $0.010768 $0.035893
30/06/2015 30/07/2015 30/07/2015 $0.025125 $0.010768 $0.035893
31/03/2015 15/04/2015 15/04/2015 $0.025125 $0.010768 $0.035893
30/12/2014 15/01/2015 15/01/2015 $0.025125 $0.010768 $0.035893
30/09/2014 15/10/2014 15/10/2014 $0.025125 $0.010768 $0.035893
30/06/2014 NA 16/07/2014 $0.0331 NA $0.0331
4/04/2014 NA 15/04/2014 $0.0331 NA $0.0331
31/12/2013 NA 24/01/2014 $0.0331 NA $0.0331

1Total distribution, including franking credits

2The first of two fund wind-up distributions. See NSX announcements dated 11 February 2020 and 28 February 2020.

3The final fund wind-up distribution. See NSX announcements dated 15 April 2020 and 7 May 2020.

RFP Net Asset Values

Date RFP Net Asset Value (NAV) per unit
08/05/2020 $0.001
31/12/2019 $0.77
30/06/2019 $0.77
31/12/2018 $1.05
30/06/2018 $1.12
31/12/2017 $1.12
30/06/2017 $1.13
31/12/2016 $1.14
30/06/2016 $1.11
31/12/2015 $1.08
30/06/2015 $1.09
31/12/2014 $1.03
30/06/2014 $0.97
31/12/2013 $0.97

RFP is a result of a demerger with the RFM Chicken Income Fund (CIF) on 19 December 2013. The NTA as at the day of the merger was $6.8m.

1Unaudited.

Investor information

Information on investor communications and related resources

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2nd April 2018

RFM Poultry invests in solar energy for Victorian farms

James Powell, RFM’s General Manager, Investor Relations and Marketing, recently spoke to the Finance News Network about the installation of solar panels on the Victorian poultry farms operated by RFM Poultry (NSX: RFP), as well as the recently released 2018 half year financial results.

11th December 2015

RFM Poultry (RFP) Investor Update

As 2015 draws to a close, Rural Funds Management (RFM) is pleased to present an update to RFM Poultry (RFP) investors.

13th March 2014

RFM Poultry Results and Presentation

RFM Poultry (RFP) will release its first half FY2014 results on Friday 14 March 2014 and list on the National Stock Exchange (NSX) on Monday 17 March 2014.