MLN undiluted NAV as at 26/3/19 – $0.9618

MLN undiluted NAV as at 26/3/19 - $0.9618
Date26/3/201919/3/2019
MLN undiluted NAV* $0.9618$0.9714
Share price close$0.83$0.85
Discount14%12%
The five largest portfolio holdings at 26 March 2019 are approximately as follows:
Alphabet (US)8%
PayPal (US)7%
Mastercard (US)5%
Alibaba Group (China)5%
TJX Companies Inc (US)5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is calculated after deducting treasury stock of 113,000 shares (acquired under the Marlin Global
buyback programme).
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 26 March 2019,
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
7.88 cents per share have been declared to date and there are no more dividends 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