KFL
10/09/2015 15:29
NTA
NOT PRICE SENSITIVE
REL: 1529 HRS Kingfish Limited
NTA: KFL: KFL ex-div NAV as at 9/9/15 - undiluted $1.2660
KFL NAV as at 9/9/15 - undiluted $1.2660 (after deducting 2.66cps dividend
payable)
Date 9/9/2015 2/9/2015
KFL undiluted NAV * $1.2660 $1.2650
Share price close $1.36 $1.32
Premium based on undiluted NAV (7%) (4%)
* The undiluted NAV excludes any impact on the NAV of the future exercise of
warrants (KFLWC). At 9 September 2015, 30,448,940 warrants are on issue and
may be exercised on 6 November 2015. The actual exercise price of each
warrant is $1.29 less the dividends per share declared by the company between
13 November 2014 and 6 November 2015. Dividends totalling 10.76 cents per
share have been declared to date and no further dividends are expected to be
declared in the remaining period to 6 November 2015.
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 2.66 cents per share
dividend to be paid on 25 September 2015. The NAV per share is also
calculated after deducting treasury stock (shares acquired under the Kingfish
buyback programme) - currently nil.
The five largest portfolio holdings at 9 September 2015 are approximately as
follows:
Mainfreight 13%
Fisher & Paykel Healthcare 13%
Ryman Healthcare 10%
Freightways 9%
Infratil 8%
BACKGROUND
Kingfish is a listed investment company that invests in growing New Zealand
companies. The Kingfish portfolio is managed by Fisher Funds, a specialist
investment manager with a track record of successfully investing in growth
company shares. The aim of Kingfish 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. Kingfish
listed on NZX Main Board on 31 March 2004 and may invest in companies that
are listed on a New Zealand stock exchange or unlisted companies.
For further information please contact Kingfish Ltd, ph (09) 489 7094.
End CA:00269948 For:KFL Type:NTA Time:2015-09-10 15:29:36
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