KFL undiluted NAV as at 3/2/21 – $1.8782

KFL undiluted NAV as at 3/2/21 - $1.8782
Date3/2/202131/1/2021
KFL undiluted NAV$1.8782$1.8809
Share price close$2.03 $2.04
(Premium)(8%)(8%)
The five largest portfolio holdings at 3 February 2021 are approximately as follows:
Mainfreight20%
Infratil16%
Fisher & Paykel Healthcare15%
Summerset9%
The a2 Milk Company8%
BACKGROUND
Contact
Corporate Manager
Kingfish Limited
Tel +64 9 4840352
KingfishisalistedinvestmentcompanythatinvestsingrowingNewZealandcompanies.TheKingfishportfoliois
managedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingingrowth
companyshares.TheaimofKingfishistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,and
accesstoadiversifiedportfolioofinvestmentsthroughasingletax-efficientinvestmentvehicle.KingfishlistedonNZX
MainBoardon31March2004andmayinvestincompaniesthatarelistedonaNewZealandstockexchangeorunlisted
companies.
The above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme)
- currently nil. A performance fee payable to the Manager is currently being accrued in the NAV calculation.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWF). At 3 February 2021,
61,578,083 warrants are on issue and may be exercised on 12 March 2021. The final exercise price of each warrant is
$1.51.
Kingfish Limited
Phone +64 9 489 7094
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland