Brief: Platinum Asset Management Enters Non-Exclusive Due Diligence With Regal Partners

Regal Partners

03/10/2024 23:51

Oct 4 (Reuters) - Platinum Asset Management Ltd
 PTM.AX :
    * UPDATE ON NBIO FROM REGAL PARTNERS LIMITED
    * HAS DETERMINED THAT PLATINUM WILL ENTER INTO AN INITIAL
PERIOD
OF NON-EXCLUSIVE, MUTUAL DUE  DILIGENCE WITH REGAL
    * BOARD REMAINS OPEN TO CONSIDERING CONTROL PROPOSALS FOR
PLATINUM
FROM REGAL OR OTHER THIRD PARTIES
    * APPROACHED PLATINUM WITH REQUEST THAT IT BE GRANTED DUE
DILIGENCE IN ORDER TO ALLOW IT TO SUBMIT IMPROVED REVISED
PROPOSAL
    * PLATINUM WILL ENTER INTO AN INITIAL PERIOD OF
NON-EXCLUSIVE,
MUTUAL DUE DILIGENCE WITH REGAL


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