L1 Global Long Short Fund Limited Registered · ASX:GLS
L1 Global Long Short Fund Limited Registered — Platinum Capital — Shareholder Meeting (November 2022)
9 slides from L1 Global Long Short Fund Limited Registered's shareholder meeting presentation, Nov 3, 2022
Slide 1: Platinum Capital Limited 2022 AGM Chairperson's Address and Presentation Slides
3 November 2022 The Manager ASX Market Announcements For personal use only Australian Securities Exchange Limited Sydney NSW 2000 Platinum Capital Limited (PMC) – 2022 Annual General Meeting Chairperson’s Address and Presentation Slides PMC will be holding its Annual General Meeting (AGM) at 10:00am
Slide 2: Introduction
Platinum Capital Limited, 2022 Annual General Meeting – Chairperson’s address and presentation slides For personal use only Introduction Good morning Ladies and Gentlemen and welcome to today’s Annual General Meeting (AGM), whether you are joining us in-person or remotely. My name is Margaret Towers
Slide 3: Financial summary
Clay Smolinski, the Company’s co-portfolio manager, will deliver an informal address and discuss his market outlook after the conclusion of the formal business of the meeting. He will also take any investment-related questions that you may have. Financial summary For personal use only Firstly, turni
Slide 4: Investment performance
this measure and against the backdrop of falling global equity markets this year, the Company achieved an investment return of negative 6.3% for the year ended 30 June 2022, with the MSCI AC World Net index (in $A) returning negative 8.0% over the same period. The Company’s investment return is afte
Slide 5: Dividends
Dividends For personal use only The Company determined to pay a fully-franked 2022 final dividend of 3 cents per share, bringing the total dividends declared for the 2022 financial year to 6 cents per share. The dividend yield for the year was 4.8% based on the 30 June 2022 closing share price. The
Slide 6: Capital management and shareholder engagement
Capital management and shareholder engagement For personal use only Like other listed investment companies, the Company’s shares may trade on the ASX at a premium or discount to the pre-tax NTA. The share price is largely determined by the activity of buyers and sellers on the ASX. The Company’s sha
Slide 7: Bonus options and shareholder engagement
And, secondly, the Company’s intention, subject to necessary regulatory approvals, to issue 1 for 4 tradeable bonus options to its shareholders between early February and late April 2023 with an exercise price that is designed to take advantage of the currently depressed level of Asian equity market
Slide 8: Proxy results
Proxy results - Resolution 1: Re-election of Richard Morath as a Non-Executive Director For personal use only Proxy results - Resolution 2: Adoption of the Remuneration Report
Slide 9: Disclaimer
| Disclaimer The information contained herein has been prepared by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935 ("Platinum"), on behaif of the Platinum Capital Limited (the'Company"). The information is general information only and should not be construed as a recommendatio
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