Barramundi : BRM undiluted NAV as at 14/4/21 - $0.8445
April 14, 2021 at 11:19 pm EDT
Share
Barramundi Limited
Phone +64 9 489 7074
Fax +64 9 489 7139
Private Bag 93502
Takapuna, Auckland
BRM undiluted NAV as at 14/4/21 - $0.8445
Date
14/4/2021
7/4/2021
BRM undiluted NAV
$0.8445
$0.8274
Share price close
$0.97
$0.98
(Premium)
(15%)
(18%)
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. A performance fee payable to the Manager is currently being accrued in the NAV calculation.
The undiluted NAV excludes any impact on the NAV of the future exercise of warrants (BRMWF). At 14 April 2021, 52,532,918 warrants are on issue and may be exercised on 29 October 2021. The actual exercise price of each warrant is $0.70 less the dividends per share declared by the company between 5 October 2020 and the announcement of the 29 October 2021 exercise price. Dividends totalling 3.03 cents per share have been declared to date and there are two more dividends expected to be declared in the remaining period up to the announcement of the 29 October 2021 exercise price.
The five largest portfolio holdings at 14 April 2021 are approximately as follows:
CSL
8%
Carsales.com
6%
Wisetech
6%
Seek
6%
Xero
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
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Disclaimer
Barramundi Ltd. published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 03:18:03 UTC.
Barramundi Limited is a New Zealand-based investment company that invests in growing Australian companies. The Company's investment objectives are to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors; and provide access to a diversified portfolio of Australian quality, growth stocks through a single tax-efficient investment vehicle. It offers investors access to a managed portfolio with a diversified exposure to the Australian equity market. It may invest in companies listed on the Australian Securities Exchange or unlisted companies. It invests in growing Australian companies and its portfolio holds between 25 and 35 stocks. The Company invests in various sectors, including materials, industrials, consumer staples, financials, health care, information technology, communication services, cash and derivatives, and consumer discretionary. The Company's investment manager is Fisher Funds Management Limited.
BARRAMUNDI LIMITED 
