KFL undiluted NAV as at 13/9/23 – $1.3134

KFL undiluted NAV as at 13/9/23 - $1.3134
Date13/9/20236/9/2023
KFL undiluted NAV$1.3134$1.3194
Share price close$1.23 $1.27
Discount6%4%
The five largest portfolio holdings at 13 September 2023 are approximately as follows:
Infratil17%
Mainfreight15%
Fisher & Paykel Healthcare14%
Auckland International Airport8%
Summerset7%
BACKGROUND
Contact
Corporate Manager
Kingfish Limited
Tel +64 9 4840352
KingfishisalistedinvestmentcompanythatinvestsinqualitygrowingNewZealandcompanies.TheKingfishportfoliois
managedbyFisherFundsManagementLtd,aspecialistinvestmentmanagerwithatrackrecordofsuccessfullyinvesting
ingrowthcompanyshares.TheaimofKingfishistoofferinvestorscompetitivereturnsthroughcapitalgrowthand
dividends,andaccesstoadiversifiedportfolioofinvestmentsthroughasingletaxefficientinvestmentvehicle.Kingfish
listedonNZXMainBoardon31March2004andmayinvestincompaniesthatarelistedonaNewZealandstock
exchange or unlisted 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.
* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (KFLWH). At 13 September 2023,
83,105,144 warrants are on issue and may be exercised on 26 July 2024. The actual exercise price of each warrant is
$1.37 less the dividends per share declared by the company with a record date between 6 July 2023 and the
announcement of the 26 July 2024 exercise price. Dividends totalling 2.79 cents per share have been declared to date and
there are three more dividends expected to be declared in the remaining period up to the announcement of the 26 July
2024 exercise price.
Kingfish Limited
Phone +64 9 489 7094
Private Bag 93502
Takapuna, Auckland