You will be able to process this corporate action type automatically through the Corporate Actions screen in the near future. In the meantime, use the instructions below as a general guide on how to manually process this corporate action type.
A share purchase plan is a plan offer to existing investors of shares by a company listed on the Australian Securities Exchange (ASX). Share purchase plans give existing members a convenient means of obtaining additional shares that are priced at a discount to the market price during a particular period before the offer and without brokerage fees or stamp duty.
How to process in Simple Fund 360
If the fund has acquired shares through a share purchase plan, you can process a share purchase to record the transaction. Refer to the Share Purchase Example for more information.