1 unchanged sentence
of Assets and Liabilities
−Removed: December 31, 2021 (unaudited) and June 30, 2021
−Removed: Amounts in 000’s of US$, except share and per share
−Removed: December 31, 2021
+Added: March 31, 2022 (unaudited) and June 30, 2021
+Added: Amounts in 000’s of US$, except share and per share data
+Added: March 31, 2022
June 30, 2021
9 unchanged sentences
of Investments
−Removed: December 31, 2021 (unaudited) and June 30, 2021
+Added: March 31, 2022 (unaudited) and June 30, 2021
in 000’s of US$, except for ounces and percentages
−Removed: December 31, 2021 (unaudited)
+Added: March 31, 2022 (unaudited)
Total investment
5 unchanged sentences
of Operations (unaudited)
−Removed: the three months ended December 31, 2021 and 2020
+Added: the three and nine months ended March 31, 2022 and 2021
Amounts in 000’s of US$, except per share data
−Removed: December 31, 2021
−Removed: December 31, 2020
−Removed: December 31, 2021
−Removed: December 31, 2020
+Added: March 31, 2022
+Added: March 31, 2021
+Added: March 31, 2022
+Added: March 31, 2021
Total expenses
13 unchanged sentences
of Changes in Net Assets (unaudited)
−Removed: the three and six months ended December 31, 2021 and 2020
+Added: the three and nine months ended March 31, 2022 and 2021
Amounts in 000’s of US$
−Removed: Three Months Ended December 31, 2021
−Removed: Three Months Ended December 31, 2020
−Removed: Six Months Ended December 31, 2021
−Removed: Six Months Ended December 31, 2020
−Removed: Net Assets – beginning of period
+Added: March 31, 2022
+Added: March 31, 2021
+Added: March 31, 2022
+Added: March 31, 2021
+Added: Net Assets – beginning of the period
Creations of 2,250,000 , 1,500,000 , 2,550,000 and 2,650,000 shares respectively
−Removed: Redemption of 0 , 150,000 , 0 and 150,000 shares respectively
+Added: Redemptions of 500,000 , 0 , 500,000 and 150,000 shares respectively
Net investment loss
6 unchanged sentences
Highlights (unaudited)
−Removed: the three and six months ended December 31, 2021 and 2020
+Added: the three and nine months ended March 31, 2022 and 2021
Per Share Performance
(for a Share outstanding throughout each period)
−Removed: December 31, 2021
−Removed: December 31, 2020
−Removed: December 31, 2021
−Removed: December 31, 2020
+Added: March 31, 2022
+Added: March 31, 2021
+Added: March 31, 2022
+Added: March 31, 2021
Net asset value per Share at beginning of period
−Removed: Net investment gain (loss) (1)
+Added: Net investment loss (1)
Net realized and unrealized gain (loss) on investment in platinum
66 unchanged sentences
legal expenses.
−Removed: of December 31, 2021, the fees payable to the Sponsor were $ 15,116 .
+Added: of March 31, 2022, the fees payable to the Sponsor were $ 22,221 .
As of June 30, 2021, the fees payable to the Sponsor were $ 16,393 .
4 unchanged sentences
than platinum.
−Removed: Other than the Sponsor’s Fee, the Trust had no expenses during the three and six months ended December 31, 2021
+Added: Other than the Sponsor’s Fee, the Trust had no expenses during the three and nine months ended March 31, 2022 and
otherwise directed by the Sponsor, when selling platinum the Trustee will endeavor to sell at the price established by the LBMA PM Platinum
50 unchanged sentences
Sponsor has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined
−Removed: that no reserves for uncertain tax positions are required as of December 31, 2021 and June 30, 2021.
+Added: that no reserves for uncertain tax positions are required as of March 31, 2022 and June 30, 2021.
Sponsor evaluates tax positions taken or expected to be taken in the course of preparing the Trust’s tax returns to determine whether
4 unchanged sentences
years are those years that are open for examination by the relevant income taxing authority.
−Removed: As of December 31, 2021, the 2020, 2019
−Removed: and 2018 tax years remain open for examination.
+Added: As of March 31, 2022, the 2021, 2020 and
+Added: 2019 tax years remain open for examination .
Emerging Growth Company qualification
2 unchanged sentences
Investment in platinum
−Removed: in ounces of platinum and their respective values for the six months ended December 31, 2021.
+Added: in ounces of platinum and their respective values for the nine months ended March 31, 2022.
Schedule of Investment in Platinum
3 unchanged sentences
Platinum distributed
+Added: ( 5,037.178 )
Change in unrealized appreciation (depreciation)
−Removed: Ending balance as of December 31, 2021
+Added: Ending balance as of March 31, 2022
in ounces of platinum and their respective values for the fiscal year ended June 30, 2021.
58 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.