Notice Regarding Acquisition of Shares in Overseas Stock Market
MITSUI & CO LTD ADR (MITSY)
US:NASDAQ Investor Relations:
mitsui.com/us
Company Research
Source: PR Newswire
TOKYO, Jan. 10, 2020 /PRNewswire/ -- Prospect Co., Ltd. (the "Company") has been acquiring shares of Pinnacle Renewable Energy Inc. (hereinafter "Pinnacle") since February 2018, which is listed on the Toronto Stock Exchange in Canada. The Company hereby informs its shareholders that its ownership in Pinnacle has exceeded 10.00%, and has reported to the Ontario Securities and Exchange Commission in accordance with the country's National Instrument 62-103.Note1. Overview of the acquired shares as of today Pinnacle Renewable Energy Inc. Number of shares owned (as of December 27, 2019) 3,348,600 shares Total shares outstanding 33,308,516 shares Ownership % 10.053 % Annual dividend forecast 0.60 CAD per share 2. Purpose of holdingAs the demand for wood pellets in Japan's biomass powe
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