BRM
28/01/2016 15:58
NTA
NOT PRICE SENSITIVE
REL: 1558 HRS Barramundi Limited
NTA: BRM: BRM undiluted NAV $0.6859 as at 27/1/16
BRM undiluted NAV $0.6859 as at 27/1/16
Date 27/1/2016 20/1/2016
BRM undiluted NAV * $0.6859 $0.6653
Share price close $0.61 $0.62
Discount 11% 7%
* The undiluted NAV excludes any impact on the NAV of the future exercise of
warrants (BRMWC). At 27 January 2016, 31,412,092 warrants are on issue and
may be exercised on 6 May 2016. The actual exercise price of each warrant is
$0.68 less the dividends per share declared by the company between 4 June
2015 and 6 May 2016. Dividends totalling 4.19 cents per share have been
declared to date and one more dividend is expected to be declared in the
remaining period to 6 May 2016.
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 Barramundi buyback programme) - currently nil.
The five largest portfolio holdings at 27 January 2016 are approximately as
follows:
Ramsay Health Care 6%
Dominos Pizza 5%
ResMed 4%
Burson Group 4%
Brambles 4%
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 (with a primary
focus on those outside the top 20 at the time of investment) or unlisted
companies.
For further information please contact Barramundi Ltd, ph (09) 489 7074.
End CA:00276933 For:BRM Type:NTA Time:2016-01-28 15:58:56
