Platinum Investment Management : Notification of dividend / distribution

Update Summary

Entity name

PLATINUM ASSET MANAGEMENT LIMITED

Security on which the Distribution will be paid

PTM - ORDINARY FULLY PAID

Announcement Type

Update to previous announcement

Date of this announcement Wednesday March 3, 2021

Reason for the Update

New Zealand dollar equivalent amount per security for payment of dividend to New Zealand shareholders.

Refer to below for full details of the announcement

Announcement DetailsPart 1 - Entity and announcement details

1.1 Name of +Entity

PLATINUM ASSET MANAGEMENT LIMITED

1.2 Registered Number Type

ABN

1.3 ASX issuer code PTM

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Registration Number 13050064287

New Zealand dollar equivalent amount per security for payment of dividend to New Zealand shareholders.

1.4b Date of previous announcement(s) to this update

Tuesday February 23, 2021

1.5 Date of this announcement Wednesday March 3, 2021

1.6 ASX +Security Code PTM

ASX +Security Description ORDINARY FULLY PAID

Part 2A - All dividends/distributions basic details

• 2A.1 Type of dividend/distribution

  Ordinary

• 2A.2 The Dividend/distribution: relates to a period of six months

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)

Thursday December 31, 2020

2A.4 +Record Date

Wednesday March 3, 2021

2A.5 Ex Date

Tuesday March 2, 2021

2A.6 Payment Date

Thursday March 18, 2021

• 2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

  Security holder approval

  Court approval

  Lodgement of court order with +ASICACCC approval

  FIRB approval

  Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

  No

• 2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form

AUD 0.12000000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market?

Yes

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to this dividend/distribution?

No

2A.12 Does the +entity have tax component information apart from franking?

No

Part 2B - Currency Information

2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand and/or USD to residents of the U.S.A.).

Yes

2B.2 Please provide a description of your currency arrangements

New Zealand shareholders can nominate a New Zealand dollar account (prior to record date) for payment in New Zealand dollars and the dividend entitlement is converted at a spot rate.

2B.2a Other currency/currencies in which the dividend/distribution will be paid:

Currency

NZD - New Zealand Dollar

Payment currency equivalent amount per security NZD 0.12842900

2B.2b Please provide the exchange rates used for non-primary currency payments spot rate

2B.2c If payment currency equivalent and exchange rates not known, date for information to be released Wednesday March 3, 2021

Estimated or Actual?

Actual

2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the default arrangements?

No

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at this time?

No

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.12000000

• 3A.2 Is the ordinary dividend/distribution franked?

  3A.1a Ordinary dividend/distribution estimated amount per +security

  AUD

  3A.2a Is the ordinary dividend/distribution fully franked?

  Yes

  Yes

• 3A.3 Percentage of ordinary dividend/distribution that is 3A.3a Applicable corporate tax rate for franking credit

franked 100.0000 %

(%) 30.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 0.12000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.00000000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

3A.5 Percentage amount of dividend which is unfranked 0.0000 %