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New Warrant Issue for Marlin Global

Capital Raise17 October 2019MLNFinancials

Marlin Global Limited
Phone +64 9 484 0365

Fax +64 9 489 7139

Private Bag 93502, Takapuna

Auckland, New Zealand




17 October 2019


New Warrant Issue for Marlin


The directors of Marlin Global Limited (“Marlin”) are pleased to announce that the company will

undertake a pro rata offer of warrants to shareholders.

The purpose of the offer is to raise capital as part of Marlin’s ongoing capital management

programme and provide investors the ability to purchase additional shares in Marlin at a pre-

determined Exercise Price. The offer also aims to increase the size of the portfolio and improve

operational efficiency. The net proceeds of the offer are expected to be used for further investment

in the Marlin portfolio.

On the record date, Marlin shareholders will be issued one warrant for every four shares held. The

record date for the issue is 6 November 2019 and the warrants are expected to be allotted on

7 November 2019.


Each warrant gives shareholders the right, but not the obligation, to subscribe for one additional

ordinary share in Marlin on the exercise date. The exercise date is 6 November 2020.


The exercise price will be $0.94 less any dividends declared during the period up to the exercise

date. The final exercise price will be calculated and advised to warrant holders at least six weeks

before the exercise date.


The warrants are expected to be quoted on the NZX Main Board from 8 November 2019 under the

issuer code MLNWD.


The Warrant Term Document will be sent to shareholders later this month.


Contact

Wayne Burns

Corporate Manager

Marlin Global Limited

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Corporate Action Notice
(Other than for a Distribution)

Updated as at 8 May 2019


Page 1 of 2

Section 1: issuer information (mandatory)

Name of issuer Marlin Global Limited

Class of Financial Product Ordinary Shares

NZX ticker code MLN

ISIN (If unknown, check on NZX

website)

NZMLNE0001S0

Name of Registry Computershare

Type of corporate action

(Please mark with an X in the relevant

box/es)

Share purchase

plan

Renounceable

Rights issue


Capital

reconstruction

Non

Renounceable

Rights issue


Call Bonus issue X

Record date

06/11/2019

Ex-Date (one business day before the

Record Date)

05/11/2019

Currency NZD

Section 3: Bonus issue (delete if not applicable)

Number of Financial Products to be

issued

Approximately 37,000,000 new warrants

ISIN of security to be issued (if different

from Ordinary Shares)

NZMLNE0003S6

Minimum entitlement N/A

Entitlement ratio (for example 1 for 2) New 1 Existing 4

Treatment of fractions Rounded Up

Subscription price $ Nil

Allotment Date

07/11/2019

Section 7: Authority for this announcement (mandatory)

Name of person authorised to make this

announcement

Wayne Burns

Contact person for this announcement Wayne Burns

Contact phone number 09 484 0352

Contact email address enquire@marlin.co.nz

Date of release through MAP 17/10/2019

2 of 2

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.