MLN undiluted NAV as at 31/12/19 – $1.0027

MLN undiluted NAV as at 31/12/19 - $1.0027
Date31/12/201924/12/2019
MLN undiluted NAV*$1.0027$1.0125
Share price close$1.02$1.02
(Premium)-2%-1%
The five largest portfolio holdings at 31 December 2019 are approximately as follows:
Alphabet 8%
Alibaba Group Holding Ltd7%
Facebook6%
PayPal Holdings5%
TJX Companies Inc5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is calculated after deducting treasury stock (shares acquired under the Marlin Global buyback
programme) - currently nil. A performance fee payable to the Manager is currently being accrued in the NAV calculation.
Marlin Global is a listed investment company that invests in growing companies based outside of New Zealand and
Australia. The Marlin portfolio is managed by Fisher Funds, a specialist investment manager with a track record of
successfully investing in growth company shares. The aim of Marlin is to offer investors competitive returns through capital
growth and dividends, and access to a diversified portfolio of investments through a single, tax-efficient investment vehicle.
Marlin listed on the NZX Main Board on 1 November 2007 and may invest in companies that are listed on any approved
stock exchange (excluding New Zealand or Australia) or unlisted companies not incorporated in New Zealand or Australia.
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 (MLNWD). At 31 December 2019,
37,252,688 warrants are on issue and may be exercised on 6 November 2020. The actual exercise price of each warrant is
$0.94 less the dividends per share declared by the company between 7 November 2019 and 6 November 2020. Dividends
totalling 1.99 cents per share have been declared to date and three more dividends are expected to be declared in the
remaining period to 6 November 2020.
Marlin Global Limited
Phone +64 9 484 0365
Fax +64 9 489 7139
Private Bag 93502
Takapuna , Auckland