KFL undiluted NAV as at 10/07/19 – $1.6488

KFL undiluted NAV as at 10/7/19 - $1.6488
Date10/7/20193/7/2019
KFL undiluted NAV* $1.6488$1.6332
Share price close$1.43 $1.44
Discount13%12%
The five largest portfolio holdings at 10 July 2019 are approximately as follows:
The a2 Milk Company16%
Fisher & Paykel Healthcare14%
Mainfreight12%
Infratil9%
Freightways8%
BACKGROUND
Contact
Corporate Manager
Kingfish Limited
Tel +64 9 4840352
KingfishisalistedinvestmentcompanythatinvestsingrowingNewZealandcompanies.TheKingfishportfoliois
managedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingingrowth
companyshares.TheaimofKingfishistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,
andaccesstoadiversifiedportfolioofinvestmentsthroughasingletax-efficientinvestmentvehicle.Kingfishlistedon
NZXMainBoardon31March2004andmayinvestincompaniesthatarelistedonaNewZealandstockexchangeor
unlisted companies.
The above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is calculated after deducting treasury stock of 53,000 shares (acquired under the Kingfish
buyback programme).
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWE). At 10 July 2019,
48,368,533 warrants are on issue and may be exercised on 12 July 2019. The exercise price for each warrant is
$1.25.
Kingfish Limited
Phone +64 9 489 7094
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland