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Why Did Platinum Capital Withdraw Its Scheme and What’s Next?
8:43am on Tuesday 5th of August, 2025 AEST
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Financial Services
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Why Did Platinum Capital Withdraw Its Scheme and What’s Next?
8:43am on Tuesday 5th of August, 2025 AEST
Key Points
Scheme of arrangement with Platinum International Fund Complex ETF withdrawn
On-market buy-back of up to 20% of shares to proceed on 12 August
L1 Capital supports buy-back and proposes new management agreement
L1 Capital requisitions extraordinary meeting to appoint new directors
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PLATINUM CAPITAL (ASX:PMC)
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