Mitsubishi UFJ No Longer Platinum Asset Major Holder

Platinum Asset Management Ltd (AU:PTM) has released an update.

Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Platinum Asset Management Limited, as detailed in their recent securities transactions. They have sold and purchased various quantities of fully paid ordinary shares, with the most notable being the sale controlled by First Sentier Investors Holdings Pty Ltd and multiple transactions controlled by Morgan Stanley.

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