Barramundi Limited — Share Issue/Capital Change 2019

Mar 27, 2019

Barramundi Limited Phone +64 9 489 7074 Fax +64 9 489 7139 Private Bag 93502, Takapuna, Auckland 0740

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28 March 2019

ISSUE OF SECURITIES

For the purposes of Listing Rule 7.12.1, Barramundi Limited advises that the following shares have been issued on 28 March 2019.

a)	Class of security and ISIN:	Ordinary shares NZBRME0001S2
b)	Number of ordinary shares issued:	1,334,801
c)	Issue Price:	$0.5723
d)	Payment:	Consideration satisfied pursuant to the Dividend
		Reinvestment Plan.
		15,000 shares are issued from treasury stock
		and 1,319,801 by way of new shares issued.
e)	Amount paid up:	Fully paid
f)	Principal terms:	Ordinary shares having the same rights and ranking
		equally with the existing ordinary shares.
g)	Percentage of the total class of
	securities issued after the issue:	0.7805%
h)	Reason for the issue:	Issue of ordinary shares pursuant to the terms of the
		Dividend Reinvestment Plan.
i)	Specific authority for the issue:	Directors resolution and in accordance with Listing
		Rule 7.3.10 (e)
j)	Terms or details of the issue:	Ordinary shares having the same rights and ranking
		equally with existing ordinary shares.
k)	Total number of securities of the
	class in existence after the issue:	171,015,716 ordinary shares (excluding treasury stock
		of 22,500)
l)	N/A
m)	Date of issue:	28 March 2019

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___________________ Alistair Ryan – Chair Barramundi Limited