MLN undiluted NAV as at 8/5/18 – $1.0042

MLN undiluted NAV as at 8/5/18 - $1.0042
Date8/5/20181/5/2018
MLN undiluted NAV* $1.0042$0.9967
Share price close$0.85$0.86
Discount 15%14%
The five largest portfolio holdings at 8 May 2018 are approximately as follows:
Alphabet (US)7%
Mastercard (US)5%
PayPal (US)5%
Essilor (France)5%
Fresenius Medical Care (Germany)5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is also calculated after deducting treasury stock of 539,172 shares (acquired under the Marlin Global
buyback programme). A performance fee payable to the Manager, is currently being accrued in the NAV.
MarlinGlobalisalistedinvestmentcompanythatinvestsingrowingcompaniesbasedoutsideofNewZealandand
Australia.TheMarlinportfolioismanagedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordof
successfullyinvestingingrowthcompanyshares.TheaimofMarlinistoofferinvestorscompetitivereturnsthroughcapital
growthanddividends,andaccesstoadiversifiedportfolioofinvestmentsthroughasingle,tax-efficientinvestmentvehicle.
MarlinlistedontheNZXMainBoardon1November2007andmayinvestincompaniesthatarelistedonanyapproved
stock exchange (excluding New Zealand or Australia) or unlisted companies not incorporated in New Zealand or Australia.
The above undiluted net asset value (NAV) is unaudited and net of fees and tax.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (MLNWC). At 8 May 2018,
29,684,140 warrants are on issue and may be exercised on 12 April 2019. The actual exercise price of each warrant is
$0.83 less the dividends per share declared by the company between 2 May 2018 and 12 April 2019.
Marlin Global Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502
Takapuna , Auckland