Barramundi Ltd.

11/08/2018 | Press release | Distributed by Public on 11/07/2018 22:16

BRM undiluted NAV as at 7/11/18 - $0.6512

Barramundi Limited

Phone +64 9 489 7074

Fax +64 9 489 7139

Private Bag 93502 Takapuna, Auckland

BRM undiluted NAV as at 7/11/18 - $0.6512

Date

7/11/2018

31/10/2018

BRM undiluted NAV*

$0.6512

$0.6499

Share price close

$0.62

$0.63

Discount

5%

3%

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 159,580 shares (acquired under the Barramundi buyback programme).

* The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (BRMWE). At 7 November 2018, 42,153,796 warrants are on issue and may be exercised on 25 October 2019. The actual exercise price of each warrant is $0.64 less the dividends per share declared by the company between 1 November 2018 and 25 October 2019.

The five largest portfolio holdings at 7 November 2018 are approximately as follows:

SEEK 7%

CSL Limited 7%

Carsales.com 7%

Commonwealth Bank 5%

Link Administration Holdings 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