Apply to Invest

Subscription price per share: R100
Targeted Dividends: 6%
Targeted IRR: 20%
Fees: Initiation fee: 2% of capital invested. Annual Management Fee: 2% of capital invested.

Investment of R10m in Iridium

TypeTax RateSaving
Company28%R2.8 M
Trust45%R4.5 M
Individual 45%R4.5 M

*Assuming a 45% marginal tax rate.

Step by Step Guide

Step 1

Complete the Application Form in the PPM

Step 2

Attach the following FICA docs

  • A certified copy of your identity document or passport (not older than 3 months)
  • A proof of residence (utility bill not older than 3 months)
  • SARS correspondence containing your tax number
  • Proof of payment (Iridium Banking details in Undertaking to Subscribe to Private Placement Form)
  • Declaration of source of funds invested

Step 3