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BRIEF-Zymeworks Adopts Limited-Duration Shareholder Rights Plan

reuters.com · 06/10/2022 09:58
BRIEF-Zymeworks Adopts Limited-Duration Shareholder Rights Plan

- Zymeworks Inc ZYME:

  • ZYMEWORKS ADOPTS LIMITED-DURATION SHAREHOLDER RIGHTS PLAN, ENABLING ALL SHAREHOLDERS TO REALIZE FULL VALUE OF COMPANY

  • ZYMEWORKS - ADOPTED RIGHTS PLAN IN RESPONSE TO UNSOLICITED, NON-BINDING PROPOSAL BY ALL BLUE FALCONS FZE TO ACQUIRE CO, ALL BLUE'S SHARE ACCUMULATIONS

  • ZYMEWORKS INC - RIGHTS WILL BECOME EXERCISABLE IF AN ENTITY, PERSON OR GROUP ACQUIRES BENEFICIAL OWNERSHIP OF 10% OR MORE OF ZYMEWORKS' COMMON SHARES

  • ZYMEWORKS INC - RIGHTS PLAN WILL EXPIRE ON JUNE 8, 2023

  • ZYMEWORKS - RIGHTS TO BECOME EXERCISABLE IF ENTITY, PERSON/GROUP BUYS BENEFICIAL OWNERSHIP OF 20% OF COMMON SHARES IN CASE OF SOME PASSIVE INVESTORS

Source text for Eikon: ID:nBwCCpfna

Further company coverage: ZYME


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