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

Reuters

2024/10/04

Oct 4 (Reuters) - Platinum Asset Management Ltd

* 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

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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