MLN undiluted NAV as at 5/12/18 – $0.8995

MLN undiluted NAV as at 5/12/18 - $0.8995 (after deducting 2.07cps dividend payable)
Date5/12/20184/12/2018
MLN undiluted NAV* $0.8995$0.9193
Share price close$0.88$0.89
Discount / (Premium)2%3%
The five largest portfolio holdings at 5 December 2018 are approximately as follows:
Alphabet (US)7%
Alibaba Group (China)6%
PayPal (US)6%
Mastercard (US)5%
Fresenius Medical Care (Germany)4%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is after deducting an accrual for a 2.07 cents per share dividend to be paid on 21 December 2018. The
NAV per share is also calculated after deducting treasury stock of 158,000 shares (acquired under the Marlin Global buyback
programme).
Marlin Global is a listed investment company that invests in growing companies based outside of New Zealand and Australia.
The Marlin portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing
in growth company shares. The aim of Marlin is to offer investors competitive returns through capital growth and dividends, and
access to a diversified portfolio of investments through a single, tax-efficient investment vehicle. Marlin listed on the NZX Main
Board on 1 November 2007 and may invest in companies that are listed on any approved 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 5 December 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. Dividends totalling 6.08 cents
per share have been declared to date and one more dividend is expected to be declared in the remaining period to 12 April
2019.
Marlin Global Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502
Takapuna , Auckland