MLN ex-div undiluted NAV as at 9/9/20 – $1.0864

MLN undiluted NAV as at 9/9/20 - $1.0864 (after deducting 2.06cps dividend payable)
Date9/9/20208/9/2020
MLN undiluted NAV*$1.0864$1.0963
Share price close$1.14$1.18
(Premium) (5%)(8%)
The five largest portfolio holdings at 9 September 2020 are approximately as follows:
Facebook8%
Alibaba Group7%
Alphabet 7%
Mastercard5%
PayPal5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is after deducting an accrual for a 2.06 cents per share dividend to be paid on 25 September 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.
MarlinGlobalisalistedinvestmentcompanythatinvestsingrowingcompaniesbasedoutsideofNewZealandandAustralia.
TheMarlinportfolioismanagedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingin
growthcompanyshares.TheaimofMarlinistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,and
accesstoadiversifiedportfolioofinvestmentsthroughasingle,tax-efficientinvestmentvehicle.MarlinlistedontheNZXMain
Boardon1November2007andmayinvestincompaniesthatarelistedonanyapprovedstockexchange(excludingNew
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 9 September 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 8.03 cents per share have been declared to date and there are no more
dividends 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