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Why Is L1 Capital Blocking Platinum Capital’s Restructure Scheme?
7:02pm on Monday 23rd of June, 2025 AEST
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Financials
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Why Is L1 Capital Blocking Platinum Capital’s Restructure Scheme?
7:02pm on Monday 23rd of June, 2025 AEST
Key Points
L1 Capital and associates to vote against the scheme
L1 Capital holds approximately 16.85% of Platinum Capital shares
Independent directors recommend scheme approval absent a better offer
Board considering alternative exit options if scheme fails
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PLATINUM CAPITAL (ASX:PMC)
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