KFL undiluted NAV as at 4/1/17 – $1.3527

KFL undiluted NAV as at 4/1/17 - $1.3527
Date4/1/201731/12/2016
KFL undiluted NAV *$1.3527$1.3393
Share price close$1.36 $1.36
(Premium) (1%)(2%)
The five largest portfolio holdings at 4 January 2017 are approximately as follows:
Mainfreight 12%
Fisher & Paykel Healthcare11%
Ryman Healthcare10%
Freightways9%
Infratil7%
BACKGROUND
For further information please contact Kingfish Ltd, ph (09) 489 7094.
KingfishisalistedinvestmentcompanythatinvestsingrowingNewZealandcompanies.TheKingfishportfoliois
managedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingingrowth
companyshares.TheaimofKingfishistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,and
accesstoadiversifiedportfolioofinvestmentsthroughasingletax-efficientinvestmentvehicle.KingfishlistedonNZX
MainBoardon31March2004andmayinvestincompaniesthatarelistedonaNewZealandstockexchangeorunlisted
companies.
The NAV per share is calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme) -
currently nil.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWD). At 4 January 2017,
38,176,653 warrants are on issue and may be exercised on 5 May 2017. The actual exercise price of each warrant is
$1.32 less the dividends per share declared by the company between 9 May 2016 and 5 May 2017. Dividends totalling
8.44 cents per share have been declared to date and one more dividend is expected to be declared in the remaining
period to 5 May 2017.
Kingfish Limited
Phone +64 9 489 7094
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland