Replies to post #270705 on Amarin Corp Plc (AMRN)

[HDGabor]

a-

I do not have an inside info … just reading the 10-Qs/Ks …

On March 5, 2015, the Company entered into a subscription agreement … the Series A Preference Shares have no voting rights. However, as long as any Series A Preference Shares are outstanding, the Company cannot, without the approval of the holders of seventy-five percent (75%) of the then outstanding Series A Preference Shares, alter or change adversely the powers, preferences or rights attaching to the Series A Preference Shares or enter into any agreement with respect to the foregoing.

BTW:

each ordinary share to be represented by American Depositary Shares, or ADSs, provided that consolidation will be prohibited if, as a result, the holder of such Series A Preference Shares and its affiliates would beneficially own more than 4.99 % of the total number of Amarin ordinary shares or ADSs outstanding following such redesignation, or the Beneficial Ownership Limitation. By written notice to the Company, a holder may from time to time increase or decrease the Beneficial Ownership Limitation to any other percentage not in excess of 19.9 % specified in such notice; provided that any such increase will not be effective until the sixty-first (61st) day after such notice is delivered to the Company

Did BB sell (majority of) the owned 34,496,685 shares?

Best,
G