Brief: Platinum Asset Management Says Non-Binding Indicative Proposal From Regal Partners
Sept 17 (Reuters) - Platinum Asset Management Ltd
PTM.AX :
* NON-BINDING INDICATIVE PROPOSAL FROM REGAL PARTNERS
LIMITED
* UNDER REGAL PROPOSAL, PLATINUM SHAREHOLDERS WOULD RECEIVE
0.274
REGAL SHARES FOR EACH PLATINUM SHARE HELD
* IS CONSIDERING MERITS OF REGAL PROPOSAL
* PRIOR TO IMPLEMENTATION OF SCHEME, CO WOULD BE PERMITTED
TO PAY
FULLY FRANKED SPECIAL DIVIDEND OF A$0.24 PER SHARE
Further company coverage: PTM.AX
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