Company Overview: Premier Investments Limited (ASX: PMV) is an Australia-based company, which operates a number of specialty retail fashion chains within the specialty retail fashion markets in Australia, New Zealand, Asia and Europe.

PMV on 6 March 2025 informed that the Australian Taxation Office (ATO) has issued Class Ruling 2025/21 – Premier Investments Limited – distribution of shares in Myer Holdings Limited. Here are key points to be noted by shareholders:

• Issued by ATO (Class Ruling 2025/21) – This covers the tax implications for Premier Investments Limited shareholders receiving Myer shares on 6 February 2025.
• Dividend Component – AUD 5.65 per PMV share, will be included in assessable income.
• Franking Credit – If a "qualified person," the franking credit is assessable, but a tax offset is available.
• Capital Component – AUD 0.81 per PMV share, deducted from the PMV share cost base (or triggers a capital gain if the cost base is lower).
• Acquisition Date – Myer shares are considered acquired on 6 February 2025.
• Cost Base of Myer Shares – AUD 0.89 per share.

PMV Daily Price Chart

Stock Update

The stock has witnessed a correction of ~10.84% in the last month, and over the last six months, it has declined by ~18.96%. The stock has a 52-week low and 52-week high of AUD 21.40 and AUD 36.87, respectively, and is currently trading below the 52-week high-low average. At the current market price of 7 March 2025, at 11:51 AM AEDT, PMV was trading at a price of AUD 21.620.

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical issues prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing

Note 1: Past performance is neither an indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 7 March 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 5: Dividend Yield may vary as per the stock price movement.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.