Section 1: Issuer information
Name of issuer Marlin Global Limited
NZX ticker code MLN
Class of financial product Ordinary shares
ISIN (If unknown, check on NZX website) NZMLNE0001S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 1,807,612
Nominal value (if any) Ordinary shares having the same rights and ranking equally with the existing ordinary shares.
Issue/Acquisition/redemption price per security $0.8902
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) 0.8306%
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. 219,444,300 (excluding treasury stock of 61,368)
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/redemption 20/12/24
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 0365
Contact email address [email protected]
Date of release through MAP 20/12/24
The S&P/NZX 50 Index is down 1.5% since the beginning of the year.
Pacific Edge is on a trading halt until Monday.
The downgrade comes ahead of Jan 26, when Briscoe's financial year ends.
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