BRM undiluted NAV as at 19/6/19 – $0.7079

BRM undiluted NAV as at 19/6/19 - $0.7079
Date19/6/201912/6/2019
BRM undiluted NAV*$0.7079$0.6921
Share price close$0.63 $0.62
Discount 11%10%
The five largest portfolio holdings at 19 June 2019 are approximately as follows:
Seek7%
CSL Limited7%
Carsales.com7%
Commonwealth Bank5%
Xero Limited5%
BACKGROUND
Contact
Corporate Manager
Barramundi Limited
Tel +64 9 4840352
BarramundiisalistedinvestmentcompanythatinvestsingrowingAustraliancompanies.TheBarramundiportfolioismanagedby
FisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingingrowthcompanyshares.Theaimof
Barramundiistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,andaccesstoadiversifiedportfolioof
investmentsthroughasingletax-efficientinvestmentvehicle.BarramundilistedontheNZXMainBoardon26October2006and
may invest in companies that are listed on an Australian stock exchange or unlisted companies.
The NAV per share is calculated after deducting treasury stock of 249,684 shares (acquired under the Barramundi buyback
programme). A performance fee payable to the Manager is currently being accrued in the NAV.
The above 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 (BRMWE). At 19 June 2019, 42,153,796
warrants are on issue and may be exercised on 25 October 2019. The actual exercise price of each warrant is $0.64 less the
dividends per share declared by the company between 1 November 2018 and 25 October 2019. Dividends totalling 3.98 cents per
share have been declared to date and one more dividend is expected to be declared in the remaining period to 25 October 2019.
Barramundi Limited
Phone +64 9 489 7074
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland