MLN undiluted ex-div NAV as at 11/3/20 – $0.9143

MLN undiluted NAV as at 11/3/20 - $0.9143 (after deducting 2.04cps dividend payable)
Date11/3/202010/3/2020
MLN undiluted NAV*$0.9143$0.9782
Share price close$0.94$0.93
Discount (3%)5%
The five largest portfolio holdings at 11 March 2020 are approximately as follows:
Alphabet 8%
Facebook7%
Abbott Laboratories7%
PayPal Holdings6%
Alibaba Group Holding Ltd6%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is after deducting an accrual for a 2.04 cents per share dividend to be paid on 27 March 2020. The NAV
per share is also calculated after deducting treasury stock (shares acquired under the Marlin Global buyback programme) -
currently nil.
MarlinGlobalisalistedinvestmentcompanythatinvestsingrowingcompaniesbasedoutsideofNewZealandand
Australia.TheMarlinportfolioismanagedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordof
successfullyinvestingingrowthcompanyshares.TheaimofMarlinistoofferinvestorscompetitivereturnsthroughcapital
growthanddividends,andaccesstoadiversifiedportfolioofinvestmentsthroughasingle,tax-efficientinvestmentvehicle.
MarlinlistedontheNZXMainBoardon1November2007andmayinvestincompaniesthatarelistedonanyapproved
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 11 March 2020,
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 the announcement of the 6
November 2020 exercise price. Dividends totalling 4.03 cents per share have been declared to date and two 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