SPP Harvester: Upcoming & Past SPPs
29 September 2020 @ 12:00AM SPP Harvester
The following summary provides an overview of Upcoming SPPs, Current SPP HarvesterTM applications and Past SPPs made available1 to investors in SPP HarvesterTM. Each of these companies is included in the SPP300 list, consisting of the largest and most liquid ASX listed companies and trusts.
For more information on SPP Harvester, please follow this link.
Upcoming SPPs
| Company Name | ASX Code | Expected SPP Size | Maximum SPP Price2 | Acceptance Date | Expected Harvesting Date3 | Placement Discount4 |
| Nearmap Ltd | NEA | $20m | $2.77 | 29-Sep-20 | 16-Oct-20 | 4.2% |
| Charter Hall Long WALE REIT | CLW | $10m | $4.80 | 4-Oct-20 | 21-Oct-20 | 3.2% |
| Average Discount | 3.7% |
Current SPP Harvester Applications
| Company Name | ASX Code | Expected SPP Size | Maximum SPP Price2 | Acceptance Date | Expected Harvesting Date3 | Placement Discount4 |
| Orocobre | ORE | $30m | $2.52 | 16-Sep-20 | 6-Oct-20 | 13.1% |
| Average Discount | 13.1% |
Past SPP Harvester Applications
| Company Name | ASX Code | Date SPP Harvested | Investment Period (in days)5 | % Return | Allocation Amount6 | Cumulative Profit7 |
| Electrical Optical Systems Holdings Ltd | EOS | 10-Jun-20 | 36 | 13.1% | $30,000 | $3,916 |
| Metcash Ltd | MTS | 10-Jun-20 | 29 | 27.2% | $30,000 | $12,074 |
| Ingenia Communities Group | INA | 11-Jun-20 | 16 | 28.4% | $30,000 | $20,595 |
| QBE Insurance Group Ltd | QBE | 12-Jun-20 | 37 | 20.2% | $30,000 | $26,667 |
| InvoCare Ltd | IVC | 12-Jun-20 | 35 | 5.8% | $30,000 | $28,398 |
| Ramsay Health Care Ltd | RHC | 12-Jun-20 | 28 | 17.9% | $560 | $28,498 |
| NAB Ltd | NAB | 12-Jun-20 | 24 | 27.2% | $1,000 | $28,770 |
| Lend Lease Group | LLC | 12-Jun-20 | 22 | 33.2% | $10 | $28,773 |
| Dicker Data Mining Ltd | DDR | 23-Jun-20 | 28 | 8.6% | $1,000 | $28,860 |
| National Storage REIT | NSR | 23-Jun-20 | 26 | 26.1% | $30,000 | $36,694 |
| Newcrest Mining Ltd | NCM | 25-Jun-20 | 34 | 17.5% | $1 | $36,694 |
| Breville Group Ltd | BRG | 26-Jun-20 | 21 | 40.4% | $530 | $36,908 |
| Credit Corp Group Ltd | CCP | 26-Jun-20 | N/A | 32.8% | - | $36,908 |
| United Malt Group Ltd | UMG | 06-Jul-20 | 21 | 9.7% | $1,003 | $37,006 |
| Arena REIT | ARF | 06-Jul-20 | 14 | 2.2% | $30,000 | $37,664 |
| Atlas Arteria | ALX | 10-Jul-20 | 18 | 5.3% | $1,000 | $37,717 |
| IRESS Ltd | IRE | 10-Jul-20 | 18 | 3.6% | $2,500 | $37,806 |
| Blackmores Ltd | BKL | 24-Jul-20 | 25 | 4.3% | $943 | $37,846 |
| Kogan.com Ltd | KGN | 26-Jul-20 | N/A | 43.8% | - | $37,846 |
| Challenger Ltd | CGF | 29-Jul-20 | 16 | 1.4% | $1,000 | $37,860 |
| Home Consortium | HMC | 31-Jul-20 | 22 | 5.7% | $30,000 | $39,556 |
| Afterpay Ltd | APT | 17-Aug-20 | 22 | 12.5% | $20,000 | $42,050 |
| Qantas Airways Ltd | QAN | 19-Aug-20 | 20 | 18.3% | $30,000 | $47,531 |
| BWX Ltd | BWX | 20-Aug-20 | 21 | 21.1% | $1,000 | $47,742 |
| Bellevue Gold Ltd | BGL | 26-Aug-20 | 21 | 0.5% | $1,000 | $47,747 |
| City Chic Collective Ltd | CCX | 27-Aug-20 | 15 | 8.2% | $30,000 | $50,206 |
| Perpetual Limted | PPT | 11-Sep-20 | 22 | -5.9% | $30 | $50,204 |
| Average/Total | 24 | 15.9% | $50,204 |
1 Investors are only eligible for SPPs if they were a shareholder on the record date for the particular Share Purchase Plan. The record date for each upcoming SPP has already passed. The Manager emails members of SPP HarvesterTM with the record date for each SPP.
2 SPP Price is based on the maximum price in the Share Purchase Plan Booklet issued by the company, which is typically the price paid by institutions in the associated placement. The SPP price may be lower if the SPP contains a price protection clause, which usually calculates the actual SPP price as the lower of this fixed price and a 2-3% discount to the 5-day VWAP of the trading price of the securities leading up to the close of the SPP.
3 This is the date the Manager anticipates that funds from the sale of the SPP securities will be returned to the investor’s SPP HarvesterTM cash account, and therefore would be included in the calculation of the Proportional SPP Application Amount (see SPP HarvesterTM booklet). The date is subject to change, and is dependent on the day that the company allots the securities, the date that the Custodian allocates the allotted securities to beneficial holders, and how the volume of total SPP HarvesterTM allocations and sales interact with trading volumes and the price impact algorithms deployed for sell-downs. Each of these future matters is beyond the control of the Manager, and the Manager takes no responsibility if the actual date that sale proceeds are deposited into each investor’s SPP HarvesterTM cash account is different from the estimate above.
4 Discount is based on the placement discount to the last traded price prior to the announcement as disclosed by the company to ASX, unless otherwise specified in the company’s ASX announcement.
5 This is the number of days between the date on which funds were drawn from SPP Harvester cash accounts to pay for the SPP securities and the date on which the sale proceeds were deposited back into the investor’s SPP Harvester cash account.
6 Allocation based on a $30,000 application into every SPP through SPP HarvesterTM
7 Based on investing $30,000 into each SPP available via SPP Harvester, before brokerage and fees.