Overview of PMC's Strategic Review Announcement

Platinum Capital Limited (ASX: $PMC) has announced a strategic review to address the persistent share price discount and maximize value for shareholders. The review aims to explore options to reduce the share price discount to pre-tax NTA and may involve transitioning to an open-ended fund structure.

Executive Commentary on Strategic Review

The PMC Board, in collaboration with Platinum Investment Management Limited, has initiated a strategic review to identify opportunities that will enhance shareholder value and address the ongoing share price discount. The review will encompass a wide range of options, including potential scale-building initiatives and the possibility of transitioning to an open-ended fund structure to facilitate trading at or close to net asset value. The Board is committed to carefully evaluating all available options and expects to announce the review's outcome within the next four months.

Summary of PMC's Strategic Review and Future Outlook

Platinum Capital Limited (ASX: $PMC) has taken proactive steps by commencing a strategic review to tackle the persistent share price discount and maximize shareholder value. The review will consider various options, such as building scale and potentially transitioning to an open-ended fund structure to enable trading at or close to net asset value. The company aims to address the challenges posed by the sunset clause in its constitution and is focused on delivering a positive outcome for shareholders. PMC anticipates announcing the results of the strategic review within the next four months, demonstrating its commitment to transparency and proactive decision-making in the interest of its shareholders.