MLN undiluted NAV as at 29/4/25 - $0.8954

MLN undiluted NAV as at 29/4/25 - $0.8954
Date29/4/202522/4/2025
MLN undiluted NAV$0.8954$0.8425
Share price close$0.88$0.92
Discount / (Premium) 2%(9%)
The five largest portfolio holdings at 29 April 2025 are approximately as follows:
Amazon8%
Microsoft7%
Mastercard6%
ASML Holding5%
Danaher Corp.5%
BACKGROUND
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
The NAV per share is calculated after deducting treasury stock of 158,664 shares (acquired under the Marlin Global
buyback programme).
MarlinGlobalisalistedinvestmentcompanythatinvestsingrowingcompaniesbasedoutsideofNewZealandand
Australia.TheMarlinportfolioismanagedbyFisherFunds,aspecialistinvestmentmanagerwithatrackrecordof
successfullyinvestingingrowthcompanyshares.TheaimofMarlinistoofferinvestorscompetitivereturnsthrough
capitalgrowthanddividends,andaccesstoadiversifiedportfolioofinvestmentsthroughasingle,tax-efficient
investmentvehicle.MarlinlistedontheNZXMainBoardon1November2007andmayinvestincompaniesthatare
listedonanyapprovedstockexchange(excludingNewZealandorAustralia)orunlistedcompaniesnotincorporated
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 (MLNWG). At 29 April 2025,
53,729,692 warrants are on issue and may be exercised on 16 May 2025. The actual exercise price of each warrant is
$0.96.
Marlin Global Limited
Phone +64 9 484 0365
Private Bag 93502
Takapuna , Auckland