Amarin Corp Plc (AMRN)

[NickHous]

20,000,000 shares. Hard to grasp how I feel at this number of shares. You can spin it however you want, but it results in dilution. This is not a great time to be releasing such plans with share price in the dumps and company hanging on an appeal case and getting ready to drop $80 million on ads and still silence on EU and ROW definitive plans. Who are they growing their workforce with? I doubt sales reps are getting in on this plan. Link for release is at bottom of post:

Page 13:

The maximum number of Shares that can be issued under the 2020 Plan shall not exceed the sum of (i) 20,000,000 Shares

Page 12:

If the 2020 Plan is not approved, efforts to grow our work force could be disadvantaged, and we believe we would be at a significant disadvantage against our competitors for recruiting, retaining and motivating those individuals who are critical to our success. We could be forced to increase cash compensation, reducing resources available to meet our other business initiatives or may not succeed in attracting the experienced and talented employees we need to support our intended expansion if shareholders do not approve the 2020 Plan.

https://investor.amarincorp.com/node/19326/html