The Prospect Japan Fund Issues Notice Regarding Adjustment of Exercise Price of Stock Acquisition Rights (Stock … – Markets Insider

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ST. PETER PORT, Guernsey, September 5, 2017 /PRNewswire/ —

In connection with the issuance of new shares by the Company, which was published in the “Notice regarding Agreement on Commencement of a Friendly Acquisition Procedure to Make The Prospect Japan Fund a Wholly-owned Subsidiary and Proposals to be Presented at the Annual Shareholders Meeting” as of May 31, 2017 and the “Notice regarding Terms of Issuance of Common Stock” as of June 1, 2017, the exercise price of all stock acquisition rights (stock options) issued by the Company has been adjusted and we hereby notify you as follows.

1.    Adjustment of Exercise Price

Name of Stock Acquisition Rights Exercise Price Exercise Price (Stock Options) before Adjustment after Adjustment 1st Stock Acquisition Rights (Stock 61 yen 56 yen Options) (Issued on August 1, 2013) 2nd Stock Acquisition Rights (Stock 60 yen 55 yen Options) (Issued on October 18, 2013) 3rd Stock Acquisition Rights 54 yen 49.2 yen (Issued on December 21, 2015) 4th Stock Acquisition Rights (Stock 52 yen 48 yen Options) (Issued on January 6, 2016)

*    Each of the above prices is the exercise price per share.

*    As for the 3rd Stock Acquisition Rights, since the adjustment price due to issuance of the 4th Stock Acquisition Rights (Stock Options) (January 16, 2016) was less than one yen and since the price adjustment was carried forward to the next time, such adjustment carriedforward was added to the current adjustment (0.2 yen).

2.    Effective Date of Adjustment

July 28, 2017

3.    Reasons for Adjustment

As the issuance of the new shares set forth above fell under the reasons for adjustment of exercise price, which are provided for in the prescribed issuance requirements of each Stock Acquisition Rights (Stock Options).

Prospect Co., Ltd.
Representative Director, President: Curtis Freeze
(Code Number: 3528, 2nd Section of TSE)
Contact:
Representative Director, Managing Director, Masato Tabata
TEL: 03-(3470)-8411 (Main)

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