Amarin Corp Plc (AMRN)

[HDGabor]

g-

100% premium from $7.5=$15:

40M S/O,premium paid=$7.5*40=$300M;400M S/O,premium paid=400M*7.5=$3B

150% premium from $7.5 = $18.75:

40MS/O,premium paid=$11.25*40M=$450M;400MS/O,premium paid=$11.25*400M=$4.5B

$4.5B-$3B >> $450M - $400M, i.e., law of large number

Nobody makes offer on a per share basis ... the per share calculated from the offer afterward (is not vica versa)

100% premium from $300=$600 (MC):

40M S/O, premium paid=$300M/40=$7.5/share=100%;
400M S/O, premium paid=$300M/400=0,75/share=100%

The premium % is the same, it is independent from the share#

Best,
G