Brief: Platinum Asset Management Rejects Regal Partners' Takeover Proposal

L1

25/09/2024 23:47

Sept 26 (Reuters) - Platinum Asset Management Ltd
 PTM.AX :
    * RESPONSE TO NBIO FROM REGAL PARTNERS LIMITED
    * UNANIMOUSLY CONCLUDED THAT CURRENT TERMS OF REGAL PROPOSAL
UNDERVALUE PLATINUM
    * BOARD DETERMINED TO REJECT THE REGAL PROPOSAL IN ITS
CURRENT 
FORM
    * REMAINS OPEN TO CONSIDERING CONTROL PROPOSALS FOR PLATINUM
FROM
REGAL OR OTHER THIRD PARTIES


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