Tuesday, May 02, 2017 9:14:38 AM
Senomyx, Inc. (MM) (NASDAQ:SNMX)
Today : Tuesday 2 May 2017
Both Leading Proxy Advisory Firms Recommend Senomyx Shareholders Support Entire Senomyx Slate by Voting on the WHITE Proxy Card Today
The Board of Directors of Senomyx, Inc. (“Senomyx” or the “Company”) (NASDAQ: SNMX), a leading company using proprietary taste science technologies to discover, develop, and commercialize novel flavor ingredients and natural high intensity sweeteners for the food, beverage, and flavor industries, today announced that leading proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis, have both recommended that Senomyx shareholders reject efforts by an activist investor group (“Concerned Shareholders and Nominees of Senomyx” or “CSNS”) to replace the Company's Board of Directors. Consistent with the ISS and Glass Lewis recommendations, Senomyx urges shareholders to vote "FOR" each of the Company's seven nominees on the WHITE proxy card today.
Kent Snyder, Chairman of the Board of Directors of Senomyx, said, “We are pleased that both leading proxy advisory firms have recommended that shareholders vote for our full slate of nominees. ISS and Glass Lewis have each laid out detailed cases to demonstrate that electing our nominees is the right choice for shareholders to protect their investment, and we look forward to continuing to make our case to shareholders in advance of the Annual Meeting on May 11th.”
Senomyx shareholders are reminded that their votes are extremely important, no matter how few shares they own. To follow the recommendations of ISS, Glass Lewis and the Senomyx Board, shareholders should vote the WHITE proxy card “FOR" each of the Company's seven nominees TODAY by telephone, by Internet, or by signing and dating the WHITE proxy card.
If you have any questions or require any assistance with voting your shares, please contact the Company's proxy solicitor listed below:
Morrow Sodali
SNMX@morrowsodali.com
(203) 658-9400 or Toll Free: (800) 662-5200
About Senomyx, Inc.
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