Amarin Corp Plc (AMRN)

[lizzy241]

robin, hold on...I just figured out why Sarissa is voting to abstain as we should too. If Denner gets enough abstains according to the UK laws this will leave him the option to call a special meeting right after the annual meeting to seek and remove directors AT ANY TIME. I'm thinking that in order for us to take part in the "special meeting" with a vote for Denner's selection we have to vote to obstain for the first meeting. Does anyone else think the same???
I'm not familiar with UK laws though.

In addition, we intend to vote “ABSTAIN” at the annual meeting because even though such a vote will not impact the outcome of the upcoming election of directors, the United Kingdom, the jurisdiction in which Amarin is domiciled, contains laws and rights that protect the shareholder franchise even after the annual meeting. For example, under UK law and Amarin’s articles, shareholders, like Sarissa, who own at least 5% of the outstanding shares can call a special meeting of shareholders to remove and replace directors AT ANY TIME. Therefore, immediately after the annual meeting, we could call a special meeting and seek to remove and replace some or all of the Amarin directors with the affirmative vote of the holders of a majority of the outstanding shares.