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
*Assuming a 45% marginal tax rate.
Step by Step Guide
Complete the Application Form in the PPM
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