BRM undiluted ex-div NAV as at 11/9/19 – $0.7233

BRM undiluted NAV as at 11/9/19 - $0.7233 (after deducting 1.39cps dividend payable)
Date11/9/20194/9/2019
BRM undiluted NAV*$0.7233$0.7297
Share price close$0.63 $0.63
Discount 13%14%
The five largest portfolio holdings at 11 September 2019 are approximately as follows:
Seek7%
Carsales.com7%
CSL 7%
Xero5%
Link Administration Holdings5%
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 after deducting an accrual for a 1.39 cents per share dividend to be paid on 26 September 2019. The NAV
per share is also calculated after deducting treasury stock of 158,210 shares (acquired under the Barramundi buyback
programme).
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 11 September 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 5.37
cents per share have been declared.
Barramundi Limited
Phone +64 9 489 7074
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland