L1 Global Long Short Fund Limited Registered · ASX:GLS
L1 Global Long Short Fund Limited Registered — Platinum Capital — Shareholder Meeting (November 2024)
9 slides from L1 Global Long Short Fund Limited Registered's shareholder meeting presentation, Nov 14, 2024
Slide 1: 2024 Annual General Meeting Chair's Address and Presentation Slides
14 November 2024 The Manager ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000 For personal use only Platinum Capital Limited (PMC) - 2024 Annual General Meeting Chair’s Address and Presentation Slides PMC will be holding its Annual General meeting (AGM) at 10.00am (AED
Slide 2: Chairperson's address: Introduction
Platinum Capital Limited, 2024 Annual General Meeting – Chairperson’s address For personal use only Introduction Good morning Ladies and Gentlemen and welcome to today’s Annual General Meeting. My name is Margaret Towers and I am pleased to address you as a Director and Chair of Platinum Capital Lim
Slide 3: Financial results for the year ended 30 June 2024
informal address and discuss his market outlook after the conclusion of the formal business of the Meeting and will also take any investment-related questions that you may have We also have present, the PricewaterhouseCoopers’ partner in charge of the audit of our 2024 financial statements and statu
Slide 4: Investment performance versus MSCI AC World index
For personal use only Having regard to investment performance, the Company delivered an investment return of 3.7% for the year ended 30 June 2024, measured by the percentage change in its pre-tax net tangible assets “pre-tax NTA”. This is the return on its investment portfolio after fees and expense
Slide 5: Dividends and shareholder returns
For personal use only As already mentioned, total dividends paid for the 2024 financial year were 6 cents per share, representing a grossed-up dividend yield of 6.1% based on the Company’s 30 June 2024 closing share price. This resulted in a total shareholder return, including franking credits, of 1
Slide 6: Strategic review and proposed scheme of arrangement with PIXX
strategic review on 26 April 2024. The purpose of the review was to assess the options available to the Board to maximise value for the Company’s Shareholders as a whole, with the primary objective being to close the share price discount to pre-tax NTA. Following the announcement on 26 April 2024, t
Slide 7: Board recommendation and performance since 30 June
The Board believes that the proposed scheme of arrangement is in the best interests of Shareholders and looks forward to your support. For personal use only Since 30 June 2024 to 31 October 2024, the Company has delivered an investment return of 2.6% measured by its pre-tax NTA, versus a return of 6
Slide 8: Resolutions: Re-election of Director and Remuneration Report
Resolution 1 – Re-election of Ian Hunter as a Non-Executive Director For personal use only Resolution 2 – Adoption of the Remuneration Report 7
Slide 9: Disclaimer
For personal use only | 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 constr
Platinum Capital — Shareholder Meeting (November 2024) on 6ix