Announcement
MKTUPDTE: BRM: BRM undiluted NAV as at 18/9/19 - $0.7269
01:59pm
BRM
19/09/2019 13:59
MKTUPDTE
NOT PRICE SENSITIVE
REL: 1359 HRS Barramundi Limited
MKTUPDTE: BRM: BRM undiluted NAV as at 18/9/19 - $0.7269
BRM undiluted NAV as at 18/9/19 - $0.7269
Date 18/9/2019 11/9/2019
BRM undiluted NAV* $0.7269 $0.7233
Share price close $0.63 $0.63
Discount 13% 13%
The above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is calculated after deducting treasury stock of 173,210
shares (acquired under the Barramundi buyback programme). 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 (BRMWE). At 18 September 2019, 42,153,796 warrants are on issue and
may be exercised on 25 October 2019. The final exercise price of each warrant
has been calculated at $0.59.
The five largest portfolio holdings at 18 September 2019 are approximately as
follows:
Seek 8%
Carsales.com 7%
CSL 7%
Xero 5%
Commonwealth Bank 5%
BACKGROUND
Barramundi is a listed investment company that invests in growing Australian
companies. The Barramundi portfolio is managed by Fisher Funds, a specialist
investment manager with a track record of successfully investing in growth
company shares. The aim of Barramundi is to offer investors competitive
returns through capital growth and dividends, and access to a diversified
portfolio of investments through a single tax-efficient investment vehicle.
Barramundi listed on the NZX Main Board on 26 October 2006 and may invest in
companies that are listed on an Australian stock exchange or unlisted
companies.
Contact
Corporate Manager
Barramundi Limited
Tel +64 9 4840352
End CA:00341237 For:BRM Type:MKTUPDTE Time:2019-09-19 13:59:22
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