RFM POULTRY (RFP)

delisting followed the payment of the final distribution to Unitholders and the formal commencement of the wind-up of RFP following termination notices 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. Trading of units in RFP on the NSX was suspended on 7 May 2020

Rural Funds Management Limited (RFM) as responsible entity and manager of RFM Poultry (NSX:RFP) confirms a final wind-up distribution of $0.0583 per unit will be paid on 7 May 2020, with a record date of 24 April 2020. The final wind-up distribution was impacted by ongoing deterioration of operating conditions prior to the completion of the asset sale (disclosed 28 February 2020) and confirmed wind-up costs. Following the payment of the distribution, RFM will apply for a court ordered wind-up and seek to de-list RFP from the National Stock Exchange. Tax statements are expected to be available in September 2020.

Following the completion of the sale of RFM Poultry (NSX:RFP) assets (disclosed 19 December 2019), Rural Funds Management Limited (RFM) as responsible entity and manager of RFP, announces the first of two wind-up distributions. The initial wind-up distribution of $0.70 cents per Unit will be paid to Unitholders on 28 February 2020, with a record date of 20 February 2020. The final distribution is expected to be paid to Unitholders prior to 30 April 2020 as disclosed in the Explanatory Memorandum dated 28 October 2019. Further details of the final distribution will be disclosed at a later date.