BRM
11/06/2015 16:11
NTA
NOT PRICE SENSITIVE
REL: 1611 HRS Barramundi Limited
NTA: BRM: BRM undiluted ex- div NAV $0.6857 as at 10/6/15
BRM undiluted NAV $0.6857 as at 10/6/15 (after deducting 1.42cps dividend
payable)
Date 10/6/2015 3/6/2015
BRM undiluted NAV * $0.6857 $0.7119
Share price close $0.67 $0.70
Discount 2% 2%
* The undiluted NAV excludes any impact on the NAV of the future exercise of
warrants (BRMWC). At 10 June 2015, 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 1.42 cents per share have been
declared to date and three more 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 1.42 cents per share
dividend to be paid on 26 June 2015. The NAV per share is also calculated
after deducting treasury stock (shares acquired under the Barramundi buyback
programme) - currently nil.
The five largest portfolio holdings at 10 June 2015 are approximately as
follows:
Ramsay Health Care 5%
Carsales.com 4%
Ansell 4%
Veda 4%
ResMed 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 the Australian Securities 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:00265559 For:BRM Type:NTA Time:2015-06-11 16:11:24
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
