Barramundi : BRM - Issue of Securities - 26 March 2021
March 25, 2021 at 07:17 pm EDT
Share
Capital Change Notice
BRM - Notice of issue of securities
Section 1: Issuer information
Name of issuer
Barramundi Limited
NZX ticker code
BRM
Class of financial product
Ordinary shares
ISIN (If unknown, check on NZX website)
NZBRME0001S2
Currency
NZD
Section 2: Capital change details
Number issued/acquired/redeemed
1,286,546
Nominal value (if any)
Ordinary shares having the same rights and ranking equally with the existing ordinary shares.
Issue/Acquisition/redemption price per security
$0.9368
Nature of the payment (for example, cash or other consideration)
Consideration satisfied pursuant to the Dividend Reinvestment Plan.
Amount paid up (if not in full)
Fully paid.
Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence)1
0.6088%
For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date)
n/a
Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here)
Issue of ordinary shares pursuant to the terms of the Dividend Reinvestment Plan.
Total number of Financial Products of the Class after the issue/acquisition/redemption/Conversion (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue/acquisition/redemption.
212,598,576 (excluding treasury stock of nil)
In the case of an acquisition of shares, whether those shares are to be held as treasury stock
n/a
Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made
Director resolution and in accordance with Listing Rule 4.8.1
Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements)
Ordinary shares having the same rights and ranking equally with existing ordinary shares.
Date of issue/acquisition/redemption2
26/03/21
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement
Wayne Burns
Contact person for this announcement
Wayne Burns
Contact phone number
09 484 0352
Contact email address
wayne@fisherfunds.co.nz
Date of release through MAP
26/03/21
1 The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.
2 Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).
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Disclaimer
Barramundi Ltd. published this content on 25 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2021 23:16:01 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.