This information is general in nature and does not take into account your objectives, financial situation, or needs. The offer is only available to eligible shareholders under applicable securities laws.

Gamma Wealth Group is pleased to announce that L1 Global Long Short Fund Limited (ASX:PMC, to be ASX:GLS), formerly Platinum Capital Limited, has announced a 1-for-1 non-renounceable entitlement offer to eligible shareholders at A$1.63 per share, seeking to raise up to A$415 million. L1 Capital is a highly regarded investment manager with a proven track record across several strategies. They have successfully managed over $17 billion of funds since 2007.

Key details of this offer:

• Offer Price: $1.63
• Structure: 1 New Share for every 1 Existing Share
• Offer Closes: 18 December 2025
• Expected Quotation: 30 December 2025 (when new shares are expected to commence trading on ASX)

Following shareholder approval at the Annual General Meeting on 28 November 2025, L1 Capital has assumed the role of investment manager. The Company’s portfolio will transition to the L1 Global Long Short Strategy, an actively managed global equities strategy that has delivered +67.5% net returns since inception in January 2025. 

This strategy aims to generate positive absolute returns while preserving capital over the long term.This investment may be suitable for those investors requiring long term growth from their portfolio.

GLSF performance since inception (Jan–Nov 2025): +67.5% vs MSCI World 20.1%.

For further information, please refer to the Investor Presentation here or visit https://l1.capital/GLS.