Managing Your Investment: Reinvesting, Distributions & Exiting
Reinvesting
Building your investment position
Crossgate Capital makes it easy for investors to build their position over time through a flexible regular investment plan and one-off investment options. This approach allows shareholders to add to their investment progressively rather than relying on a single entry point, which can help make investing more disciplined and manageable over the long term.
Our regular reinvestment plan allows investors to set up automatic investments on either a fortnightly or monthly basis. Many investors value this approach because it supports consistent investing over time and reduces the need to decide when to invest each time funds are added.
Investors also have flexibility to adjust their plan as circumstances change. A regular investment plan can be amended, paused, or stopped at any time, and one-off investments can also be made if an investor wishes to add further capital to their portfolio.
For investors using the regular investment plan, the Reinvestment Calendar provides the scheduled dates for the plan, including direct debit dates. This gives investors a clear view of upcoming processing dates and helps with planning ongoing contributions.
Distributions
Why simply hold crypto when eligible assets could also earn staking rewards? Staking commits eligible assets to help secure blockchain networks, which provide rewards in return. Crossgate Capital manages these arrangements on your behalf.
Potential distributions alongside growth
Staking rewards can help fund shareholder distributions, complementing our primary focus on long-term capital growth. After staking fees, charges and applicable taxes, these rewards may be distributed as additional Class A Shares through a scrip dividend, increasing the number of shares you hold without a further cash investment.
The Board may instead choose to pay all or part of a distribution in cash. Staking involves additional risks, and neither rewards nor distributions are guaranteed.
Tax administration made simpler
We handle the Company’s tax payments so distributions are net of applicable tax. Your personal tax obligations depend on your circumstances.
Distribution details
Any distribution is subject to Board approval and the solvency requirements of the Companies Act 1993. Entitlement is determined by the Class A share register at the relevant Record Date.
Staking rewards are received in the underlying crypto asset or, for certain arrangements, another network’s tokens, and recognised as income at fair value on receipt. Staking Income is calculated after staking fees and charges, including provider and validator fees, with applicable Company tax and legally required withholding or deductions accounted for before distribution.
Refer to the PDS for the full terms and risks.
Exiting Your Investment
We understand that shareholders’ investment horizons can change. While our objective is to deliver strong long-term returns, we also recognise the importance of providing potential liquidity pathways for shareholders who may wish to exit their investment.
There are a number of potential exit options available to shareholders. These include periodic share buy-back offers by the company, selling shares through the USX via a registered broker where there are interested buyers, and share transfers where buyers and sellers may be matched.
1. Periodic Share Buy-backs
On a periodic basis, the company may make an offer to shareholders to buy back shares. Where an offer is made, shareholders would be provided with details of the process and the terms of the offer at that time.
Crossgate Capital has completed buy-back offers previously, including in February 2024 and March 2025, and those offers met all shareholder requests received at the time.
2. Trading on the USX *
Shares in Crossgate Capital are quoted on the USX under ticker code CCL. Shareholders may be able to sell their shares through the USX if there are interested buyers on the market. Trading on the USX must be conducted through a USX registered broker (e.g., Craigs Investment Partners, Jarden, Forsyth Barr, JBWere).
3. Share Transfers
We can also potentially facilitate the sale of your shares by matching buyers and sellers if there are interested buyers. We have facilitated multiple trades between Shareholders with the matching process being undertaken during our regular allotment process.
If you are considering selling your shares, please contact us directly to discuss the available options. For full details, investors should refer to the Product Disclosure Statement.
*The USX a New Zealand based prescribed exempt financial product market was launched in December 2003 originally trading as the Unlisted Securities trading facility. As at August 2024 the USX has facilitated in excess of 22,000 trades for 401m shares with a value of over $608m. The total market capitalisation has grown to approximately $2b and their issuers have raised over $486m while listed on the market including an IPO. You may be able to sell your Shares on the USX if there are interested buyers. The USX is not a licensed financial product market or regulated under New Zealand financial markets laws. Investors trading in securities quoted on the USX trade at their own risk and do not have the protections provided by Part 5 of the Financial Markets Conduct Act 2013 and the monitoring of market obligations by the Financial Markets Authority (FMA). Efficient Market Services Limited, which operates the USX accepts no responsibility for any statement on this website.