Marlin Global Limited — Net Asset Value 2021

Jul 22, 2021

MLN undiluted NAV as at 20/07/21 – $1.2862

MLN · 2021-07-22T14:24:00+12:00 · Announcement #376063 · View on NZX

MLN undiluted NAV as at 20/07/21 – $1.2862

MLN undiluted NAV as at 20/7/21 - $1.2862

Date 20/7/2021 13/7/2021
MLN undiluted NAV $1.2862 $1.2990
Share price close $1.58 $1.62
(Premium) (23%) (25%)

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 Marlin Global buyback programme) - currently nil. A
performance fee payable to the Manager, relating to the previous financial
year, is currently being accrued in the NAV calculation.
* The undiluted NAV excludes any impact on the NAV of the future exercise of
warrants (MLNWE). At 20 July 2021, 47,256,870 warrants are on issue and may
be exercised on 20 May 2022. The actual exercise price of each warrant is
$1.28 less the dividends per share declared by the company with a record date
between 17 May 2021 and the announcement of the 20 May 2022 exercise price.
Dividends totalling 2.37 cents per share have been declared to date and there
are three more dividends expected to be declared in the remaining period up
to the announcement of the 20 May 2022 exercise price.
The five largest portfolio holdings at 20 July 2021 are approximately as
follows:

Facebook 10%
Alibaba Group 7%
Alphabet 7%
Signature Bank 6%
Gartner 5%

BACKGROUND
Marlin Global is a listed investment company that invests in growing
companies based outside of New Zealand and Australia. The Marlin portfolio is
managed by Fisher Funds, a specialist investment manager with a track record
of successfully investing in growth company shares. The aim of Marlin 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. Marlin listed on the NZX Main Board on 1
November 2007 and may invest in companies that are listed on any approved
stock exchange (excluding New Zealand or Australia) or unlisted companies not
incorporated in New Zealand or Australia.
Contact
Corporate Manager
Marlin Global Limited
Tel +64 9 4840352
End CA:00376063 For:MLN Type:MKTUPDTE Time:2021-07-22 14:24:18