PNJ announced that Sprucegrove Investment Management Ltd. has officially ceased to be a major shareholder of the company. This is an important change in the shareholder structure, which may impact PNJ’s decisions and development strategies in the future. Sprucegrove Investment Management Ltd. has reduced its shareholding ratio below the regulated threshold to be considered a major shareholder. This could increase stability for remaining shareholders while creating opportunities for other investors. PNJ has stated that it will continue to monitor its shareholder situation and update related information to ensure transparency for all investors.
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