BRM undiluted NAV as at 16/10/19 – $0.7385

BRM undiluted NAV as at 16/10/19 - $0.7385
Date16/10/20199/10/2019
BRM undiluted NAV*$0.7385$0.7155
Share price close$0.63 $0.63
Discount 15%12%
The five largest portfolio holdings at 16 October 2019 are approximately as follows:
Seek8%
CSL 7%
Carsales.com7%
Xero6%
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 585,610 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 16 October 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