MLN undiluted ex-div NAV as at 10/6/20 – $1.0354

MLN undiluted NAV as at 10/6/20 - $1.0354 (after deducting 1.94cps dividend payable)
Date10/6/20209/6/2020
MLN undiluted NAV*$1.0354$1.0572
Share price close$1.07$1.08
(Premium) (3%)(2%)
The five largest portfolio holdings at 10 June 2020 are approximately as follows:
Facebook7%
Alphabet 7%
PayPal Holdings6%
Alibaba Group6%
Mastercard5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is after deducting an accrual for a 1.94 cents per share dividend to be paid on 26 June 2020.The NAV
per share is also 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.
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 10 June 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 5.97 cents per share have been declared to date and one more dividend
is 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