<SEC-DOCUMENT>0001630363-20-000003.txt : 20200416
<SEC-HEADER>0001630363-20-000003.hdr.sgml : 20200416
<ACCEPTANCE-DATETIME>20200415202608
ACCESSION NUMBER:		0001630363-20-000003
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20200331
FILED AS OF DATE:		20200416
DATE AS OF CHANGE:		20200415
EFFECTIVENESS DATE:		20200416

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PM CAPITAL Ltd
		CENTRAL INDEX KEY:			0001630363
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			C3
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-16861
		FILM NUMBER:		20794883

	BUSINESS ADDRESS:	
		STREET 1:		LEVEL 27, 420 GEORGE STREET
		CITY:			SYDNEY
		STATE:			C3
		ZIP:			2000
		BUSINESS PHONE:		001161282430888

	MAIL ADDRESS:	
		STREET 1:		GPO BOX 3965
		CITY:			SYDNEY
		STATE:			C3
		ZIP:			2001
</SEC-HEADER>
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<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>primary_doc.xml
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    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
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        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
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      <filer>
        <credentials>
          <cik>0001630363</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2020</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2020</reportCalendarOrQuarter>
      <filingManager>
        <name>PM CAPITAL Ltd</name>
        <address>
          <com:street1>GPO BOX 3965</com:street1>
          <com:city>SYDNEY</com:city>
          <com:stateOrCountry>C3</com:stateOrCountry>
          <com:zipCode>2001</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-16861</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>PAUL MOORE</name>
      <title>DIRECTOR</title>
      <phone>001161282430888</phone>
      <signature>PAUL RICHARD MOORE</signature>
      <city>SYDNEY</city>
      <stateOrCountry>C3</stateOrCountry>
      <signatureDate>04-15-2020</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>1</otherIncludedManagersCount>
      <tableEntryTotal>16</tableEntryTotal>
      <tableValueTotal>305745</tableValueTotal>
      <isConfidentialOmitted>false</isConfidentialOmitted>
      <otherManagers2Info>
        <otherManager2>
          <sequenceNumber>1</sequenceNumber>
          <otherManager>
            <cik>0001640472</cik>
            <form13FFileNumber>028-16862</form13FFileNumber>
            <name>MAPP PTY LTD</name>
          </otherManager>
        </otherManager2>
      </otherManagers2Info>
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