KFL undiluted NAV as at 15/2/17 – $1.3945

KFL undiluted NAV as at 15/2/17 - $1.3945
Date15/2/20178/2/2017
KFL undiluted NAV *$1.3945$1.3853
Share price close$1.36 $1.36
Discount2%2%
The five largest portfolio holdings at 15 February 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 above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme) -
currently nil. A performance fee payable to the Manager, is currently being accrued in the NAV.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWD). At 15 February 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