MARLIN GLOBAL WARRANT ISSUE (MLNWC)

16 April 2019





MARLIN GLOBAL WARRANT ISSUE (MLNWC)


On 12 April 2019, Marlin Global warrant holders had the option to convert their warrants into ordinary
Marlin Global shares at an exercise price of $0.75 per warrant. On the same day, Marlin Global shares
were trading on-market at $0.86, a 15% premium to the exercise price.

Warrant holders took advantage of this discount, with 23,452,115 warrants out of a possible 29,684,140
warrants (79%) being converted into Marlin Global ordinary shares.

The new shares were allotted to warrant holders on 16 April 2019. All new shares have the same rights
as current Marlin Global shares, including participating in the company’s quarterly dividend policy.

The remaining 6,232,025 warrants which were not exercised have now lapsed, and all rights in regards
to them have now expired.

The additional funds will be invested in Marlin Global’s current investment portfolio of stocks, in
similar proportions to the existing portfolio.


Marlin Global Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502 Takapuna
Auckland 0740, New Zealand