Rule 3.19A.2
Change of Director's Interest NoticeInformation or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/09/01 Amended 01/01/11
Name of entity Platinum Asset Management Limited (the Company)
ABN 13 050 064 287
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of Director | Elizabeth Norman |
Date of last notice | 29 April 2015 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest | Direct |
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. | ShaneLiz Pty Ltd ATF Elizabeth Ann Norman Family Trust Elizabeth Norman is a director of ShaneLiz Pty Ltd Norblew Pty Ltd Elizabeth Norman is a director of Norblew Pty Ltd |
Date of change | 23 June 2016 |
No. of securities held prior to change | Direct 259,551 fully paid ordinary shares Indirect 377,953 fully paid ordinary shares held by ShaneLiz Pty Ltd 129,244 fully paid ordinary shares held by Norblew Pty Ltd |
Class | Deferred Rights to receive the Company's shares. These shares will have been purchased on-market by the Platinum Employee Share Trust prior to exercise by the employee. |
Number acquired | 48,623 Deferred Rights |
Number disposed | Nil |
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation | Nil Elizabeth Norman's 2016 deferred bonus of $300,000 was translated into 48,623 Deferred Rights pursuant to the Platinum Asset Management Limited Deferred Bonus Plan. The number of rights was calculated by dividing the bonus amount by the Volume Weighted Average Price of the Company's shares, for the seven (7) trading days prior to grant date. |
Appendix 3Y Page 1
Appendix 3Y Change of Director's Interest NoticeNo. of securities held after change | Direct 259,551 fully paid ordinary shares 48,623 Deferred Rights Indirect 377,953 fully paid ordinary shares held by ShaneLiz Pty Ltd 129,244 fully paid ordinary shares held by Norblew Pty Ltd |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | Issue of Deferred Rights pursuant to the Platinum Asset Management Limited Deferred Bonus Plan. |
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
Detail of contract |
Nature of interest |
Name of registered holder (if issued securities) |
Date of change |
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed |
Interest acquired |
Interest disposed |
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation |
Interest after change |
Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? | No |
If so, was prior written clearance provided to allow the trade to proceed during this period? | |
If prior written clearance was provided, on what date was this provided? |
Appendix 3Y Page 2
Platinum Asset Management Limited published this content on 28 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 June 2016 03:35:01 UTC.
Original documenthttps://www.platinum.com.au/Documents/Shareholders/PTM_ASX_Releases/Appendix_3Y_160628.pdf
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