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 40,000
Nominal value (if any) n/a
Issue/Acquisition/redemption price per security $0.6700
Nature of the payment (for example, cash or other consideration) Cash
Amount paid up (if not in full) $ n/a
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)
0.0141%
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) Same terms as those ordinary shares already on issue.
Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here) Part of a share buyback programme announced on
9 October 2023.
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.
284,440,854
(Excl. treasury stock of 230,003)
In the case of an acquisition of shares, whether those shares are to be held as treasury stock Hold as treasury stock
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
Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements) Not applicable
Date of issue/acquisition/redemption [03/10/24]
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Beverley Sutton
Contact person for this announcement Wayne Burns
Contact phone number 09 484 0352
Contact email address [email protected]
Date of release through MAP [04/10/24]
The S&P/NZX 50 Index closed at 13,066.92, up 13.36 points or 0.10%.
More milk, higher payouts, could see $3 billion extra revenue in the economy.
‘It’s got a lot to iron out,’ Forsyth Barr’s Paul Koraua says.
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