New Warrant Issue for Kingfish

Kingfish Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502, Takapuna
Auckland, New Zealand



2 July 2018

New Warrant Issue for Kingfish

The directors of Kingfish Limited (“Kingfish”) are pleased to announce that the company will
undertake a pro rata offer of warrants to shareholders.
The purpose of the offer is to raise capital as part of Kingfish’s ongoing capital management
programme and provide investors the ability to purchase additional shares in Kingfish at a pre-
determined Exercise Price. The offer also aims to increase the size of the portfolio and improve
operational efficiency. The net proceeds of the offer are expected to be used for further investment
in the Kingfish portfolio.
On the record date, Kingfish shareholders will be issued one warrant for every four shares held. The
record date for the issue is 18 July 2018 and the warrants are expected to be allotted on 19 July
2018.

Each warrant gives shareholders the right, but not the obligation, to subscribe for one additional
ordinary share in Kingfish on the exercise date. The exercise date is 12 July 2019.

The exercise price will be $1.37 less any dividends declared during the period up to the exercise
date. The final exercise price will be calculated and advised to warrant holders at least 20 days
before the exercise date.

The warrants are expected to be quoted on the NZX Main Board from 20 July 2018 under the issuer
code KFLWE.


Contact
Alistair Ryan
Chair
Kingfish Limited

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APPENDIX 7 – NZSX Listing Rules
Number of pages including this one
(Please provide any other relevant
NZSX Listing Rule 7.12.2. For rights, NZSX Listing Rules 7.10.9 and 7.10.10. details on additional pages)
For change to allotment, NZSX Listing Rule 7.12.1, a separate advice is required.
Full name
of Issuer
Name of officer authorised to
Authority for event,
make this notice
e.g. Directors' resolution
Contact phone
Contact fax
numbernumber
Date
Nature of event
BonusIf ticked,
Rights Issue
Tick as appropriate
Issue
state whether:Taxable
/ Non TaxableConversionInterestRenouncable
Rights IssueCapitalCallDividend
If ticked, stateFull
non-renouncable
change
whether:
InterimYearSpecialDRP Applies
EXISTING securities affected by this
If more than one security is affected by the event, use a separate form.
Description of theISIN
class of securities
If unknown, contact NZX
Details of securities issued pursuant to this eventIf more than one class of security is to be issued, use a separate form for each class.
Description of theISIN
class of securities
If unknown, contact NZX
Number of Securities toMinimum
Ratio, e.g
be issued following eventEntitlement
1 for 2 for
Conversion, Maturity, Call
Treatment of Fractions
Payable or Exercise Date
Tick if
provide an
pari passu
ORexplanation
Strike price per security for any issue in lieu or date
of the
Strike Price available.
ranking
Monies Associated with Event
Dividend payable, Call payable, Exercise price, Conversion price, Redemption price, Application money.
Source of
Amount per securityPayment
(does not include any excluded income)
Excluded income per security
(only applicable to listed PIEs)
SupplementaryAmount per security
Currencydividendin dollars and cents
details -
NZSX Listing Rule 7.12.7
Total monies
TaxationAmount per Security in Dollars and cents to six decimal places
In the case of a taxable bonusResident
Imputation Credits
issue state strike priceWithholding Tax(Give details)
Foreign
FDP Credits
Withholding Tax(Give details)
Timing
(Refer Appendix 8 in the NZSX Listing Rules)
Record Date 5pmApplication Date
For calculation of entitlements -Also, Call Payable, Dividend /
Interest Payable, Exercise Date,
Conversion Date.
Notice DateAllotment Date
Entitlement letters, call notices,For the issue of new securities.
conversion notices mailedMust be within 5 business days
of application closing date.
OFFICE USE ONLY
Ex Date:
Commence Quoting Rights:Security Code:
Cease Quoting Rights 5pm:
Commence Quoting New Securities:Security Code:
Cease Quoting Old Security 5pm:
EMAIL: announce@nzx.com
Notice of event affecting securities
Kingfish Limited
Jody KayeDirectors resolution - 2 July 2018
09 484 035209 489 7139272018
Approximately 48,370,000 new warrants
20014
Kingfish Ordinary SharesNZKFLE0001S0
Kingfish Warrants (KFLWE)
NZKFLE0006S9
In dollars and cents
Nil
12-Jul-19Rounded up
Enter N/A if not
applicable
x
Announced as soon
as reasonably
practicable
after 17 June 2019.
$
Date Payable
x
18 July, 2018N/A
23 July, 201819 July 2018
$$