BRM undiluted NAV as at 22/11/17 – $0.7054

BRM undiluted NAV as at 22/11/17 - $0.7054
Date22/11/201715/11/2017
BRM undiluted NAV*$0.7054$0.6951
Share price close$0.60 $0.59
Discount 15%15%
The five largest portfolio holdings at 22 November 2017 are approximately as follows:
SEEK7%
CSL Limited7%
Carsales.com7%
Commonwealth Bank of Australia 5%
National Australia Bank5%
BACKGROUND
Contact
Kate Teppett
Barramundi Limited
Tel +64 9 4897074
BarramundiisalistedinvestmentcompanythatinvestsingrowingAustraliancompanies.TheBarramundiportfolioismanagedby
FisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingingrowthcompanyshares.Theaimof
Barramundiistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,andaccesstoadiversifiedportfolioof
investmentsthroughasingletax-efficientinvestmentvehicle.BarramundilistedontheNZXMainBoardon26October2006and
may invest in companies that are listed on an Australian stock exchange or unlisted companies.
Assistant Corporate Manager
The NAV per share is calculated after deducting treasury stock of 1,511,831 shares (acquired under the Barramundi buyback
programme). 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 (BRMWD). At 22 November 2017,
36,471,368 warrants are on issue and may be exercised on 24 November 2017. The final exercise price of each warrant is $0.58.
The above undiluted net asset value (NAV) is unaudited and net of fees and tax.
Barramundi Limited
Phone +64 9 489 7074
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland