17 November 2022
Barramundi Limited announces variation to the share buyback programme
On 18 October 2022, and in accordance with Listing Rule 4.14.2, Barramundi announced its intention to continue its share buyback programme of Barramundi ordinary shares in compliance with section 65 of the Companies Act 1993.
The Share Buyback Policy, referred to in the 18 October 2022 NZX announcement has been amended, such that from 17 November 2022, Barramundi will only buy back shares if the discount to the last published net asset value, after adjusting for any changes in the S&P/ASX200 Index (hedged 70% to NZD) since the last published net asset value, is greater than 6%.
Andy Coupe
Chair
Barramundi Limited
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