KFL undiluted ex-div NAV as at 8/6/22 – $1.4239

KFL undiluted NAV as at 8/6/22 - $1.4239 (after deducting 3.16cps dividend payable)
Date8/6/20221/6/2022
KFL undiluted NAV$1.4239$1.4709
Share price close$1.68 $1.74
(Premium)(18%)(18%)
The five largest portfolio holdings at 8 June 2022 are approximately as follows:
Mainfreight19%
Infratil17%
Fisher & Paykel Healthcare15%
Summerset9%
Auckland International Airport9%
BACKGROUND
Contact
Corporate Manager
Kingfish Limited
Tel +64 9 4840352
KingfishisalistedinvestmentcompanythatinvestsingrowingNewZealandcompanies.TheKingfishportfolioismanaged
byFisherFunds,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvestingingrowthcompanyshares.
TheaimofKingfishistoofferinvestorscompetitivereturnsthroughcapitalgrowthanddividends,andaccesstoa
diversifiedportfolioofinvestmentsthroughasingletax-efficientinvestmentvehicle.KingfishlistedonNZXMainBoardon
31 March 2004 and may invest in companies that are listed on a New Zealand stock exchange or unlisted companies.
The above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is after deducting an accrual for a 3.16 cents per share dividend to be paid on 23 June 2022. The NAV
per share is also calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme) -
currently nil.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWG). At 8 June 2022,
79,075,168 warrants are on issue and may be exercised on 18 November 2022. The actual exercise price of each warrant
is $2.03 less the dividends per share declared by the company with a record date between 15 November 2021 and the
announcement of the 18 November 2022 exercise price. Dividends totalling 10.38 cents per share have been declared to
date and there is one more dividend expected to be declared in the remaining period up to the announcement of the 18
November 2022 exercise price.
Kingfish Limited
Phone +64 9 489 7094
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland