BRM undiluted NAV as at 18/9/19 – $0.7269

BRM undiluted NAV as at 18/9/19 - $0.7269
Date18/9/201911/9/2019
BRM undiluted NAV*$0.7269$0.7233
Share price close$0.63 $0.63
Discount 13%13%
The five largest portfolio holdings at 18 September 2019 are approximately as follows:
Seek8%
Carsales.com7%
CSL 7%
Xero5%
Commonwealth Bank5%
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 173,210 shares (acquired under the Barramundi buyback
programme). A performance fee payable to the Manager is currently being accrued in the NAV calculation.
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 18 September 2019,
42,153,796 warrants are on issue and may be exercised on 25 October 2019. The final exercise price of each warrant has been
calculated at $0.59.
Barramundi Limited
Phone +64 9 489 7074
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland