Brief: Platinum Asset Management Says Turnaround Is Required And Underway

L1

29/02/2024 05:58

Feb 29 (Reuters) - Platinum Asset Management Ltd
 PTM.AX :
    * ANNOUNCES TURNAROUND IS REQUIRED AND UNDERWAY
    * APPROVED BROAD-BASED TURNAROUND PROGRAM TO REVITALISE CO
    * TURNAROUND PROGRAM TO BE IMPLEMENTED IN TWO SEPARATE
PHASES OVER
SHORT TO MEDIUM TERM
    * GROWTH PHASE WILL BE IMPLEMENTED OVER NEXT SIX PLUS MONTHS

Source text for Eikon:  ID:nASX3g8DtQ 
Further company coverage:  PTM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))