- Release Date: 11/03/16 15:59
- Summary: NTA: BRM: BRM undiluted ex-div NAV $0.6939 as at 10/3/16
- Price Sensitive: No
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BRM 11/03/2016 15:59 NTA NOT PRICE SENSITIVE REL: 1559 HRS Barramundi Limited NTA: BRM: BRM undiluted ex-div NAV $0.6939 as at 10/3/16 BRM undiluted NAV $0.6939 as at 10/3/16 (after deducting 1.37cps dividend payable) Date 10/3/2016 9/3/2016 BRM undiluted NAV * $0.6939 $0.7049 Share price close $0.63 $0.63 Discount 9% 11% * The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (BRMWC). At 10 March 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 5.56 cents per share have been declared to date and no further dividends are 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 after deducting an accrual for a 1.37 cents per share dividend to be paid on 24 March 2016. The NAV per share is also calculated after deducting treasury stock of 7,697 shares (acquired under the Barramundi buyback programme). The five largest portfolio holdings at 10 March 2016 are approximately as follows: Ramsay Health Care 6% Dominos Pizza Enterprises Limited 5% Flight Centre 4% Brambles 4% Sonic Healthcare 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:00279175 For:BRM Type:NTA Time:2016-03-11 15:59:12
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- Ann: NTA: BRM: BRM undiluted ex-div NAV $0.6939 as at 10/3/16
Ann: NTA: BRM: BRM undiluted ex-div NAV $0.6939 as at 10/3/16
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