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Why Is L1 Capital Blocking Platinum Capital’s ETF Restructure?
8:41am on Thursday 12th of June, 2025 AEST
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Financial Services
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Why Is L1 Capital Blocking Platinum Capital’s ETF Restructure?
8:41am on Thursday 12th of June, 2025 AEST
Key Points
L1 Capital holds 16.85% stake and opposes the scheme
Proposed restructure converts shares into Platinum International Fund Complex ETF units
Board maintains scheme is in shareholders’ best interest
Scheme booklet with expert report expected late June or early July
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PLATINUM CAPITAL (ASX:PMC)
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