Platinum Investment Management : Announcement of buy-back – Appendix 3C
PTM.AX
Notification of buy-back
Announcement Summary
Name of entity
PLATINUM ASSET MANAGEMENT LIMITED
Announcement type
New announcement
Date of this announcement
17/9/2021
ASX Security code and description of the class of +securities the subject of the buy-back
PTM : ORDINARY FULLY PAID
The type of buy-back is:
On market buy-back
Refer to next page for full details of the announcement
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Part 1 - Entity and announcement details
1.1 Name of entity
PLATINUM ASSET MANAGEMENT LIMITED
We (the entity named above) provide the following information about our buy-back.
1.2
Registration number type
Registration number
ABN
13050064287
1.3
ASX issuer code
PTM
17/9/2021
1.6 ASX Security code and description of the class of +securities the subject of the buy-back
PTM : ORDINARY FULLY PAID
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Part 2 - Type of buy-back
2.1 The type of buy-back is: On market buy-back
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Part 3 - Buy-back details
Part 3A - Details of +securities, price and reason
3A.1 Total number of +securities on issue in the class of +securities to be bought back
586,678,900
3A.4 Does the entity intend to buy back a minimum number of +securities
No
3A.5 Does the entity intend to buy back a maximum number of securities
Yes
3A.5a Maximum number of securities proposed to be bought back
58,667,890
3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
Credit Suisse Equities (Australia) Limited
3A.9 Are the +securities being bought back for a cash consideration? Yes
3A.9a Is the price to be paid for +securities bought back known? No
3A.9a.1 In what currency will the buy-back consideration be paid?
AUD - Australian Dollar
Part 3B - Buy-back restrictions and conditions
3B.1 Does the buy-back require security holder approval?
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Notification of buy-back
No
Part 3C - Key dates
On-marketbuy-back
3C.2 Proposed buy-back start date
4/10/2021
3C.3 Proposed buy-back end date
3/10/2022
Part 3D - Other Information
3D.1 Any other information the entity wishes to notify to ASX about the buy-back
The company intends to extend the buy-back period for a further period of up to 12 months (from 4 October 2021, i.e. the date immediately following the expiration of the 12 month period for the previous buy-back, and ending on 3 October 2022), as part of the company's ongoing capital management policy.
The company reserves the right to suspend or terminate the buy-back at any time.
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Disclaimer
Platinum Asset Management Limited published this content on 17 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2021 07:21:06 UTC.