Sarissa Capital Blasts Amarin’s Repeated False Statements; Clearly Amarin Will Say Anything to Keep Sarissa Off the Board
February 16 2023 - 4:05PM
Business Wire
Sarissa is Confident that Long Suffering
Amarin Shareholders Will Make Up Their Own Minds and Vote “FOR”
Change at Amarin
Sarissa Capital Management LP (“Sarissa”) today issued the
following statement regarding Amarin Corporation plc (NASDAQ:
AMRN):
Sarissa Capital is outraged but not surprised by Amarin’s
repeated false statements intended to mislead shareholders and
switch votes away from Sarissa. Amarin has made these false
statements throughout this proxy contest, including in its
evaluation of the company’s progress and its own performance, in
its characterizations of the board’s interactions with Sarissa,
and, most recently, in the failure of its registrar to be properly
instructed. Clearly, Amarin is willing to
say anything to keep Sarissa, its largest shareholder, off the
board.
Sarissa is confident that fellow long-suffering shareholders see
through the ploys and will vote “FOR” necessary change. We
shareholders know the truth as we have lived through the
nightmarish reality under the current regime which resulted in a
tremendous destruction of shareholder value and an imperiled
European launch. Sarissa urges all shareholders to ignore the false
statements and empty promises made by Amarin and make up their own
minds.
Amarin is in dire need of change. Sarissa is Amarin’s largest
shareholder, owning more than 25 million shares. We are long term
shareholders and have not sold any shares since acquiring our
position. We have an exceptional track record of success, including
in the cardiovascular space, and we believe our nominees have the
experience and qualifications to help unlock Amarin’s true
potential.
You can vote on the blue proxy card or the white proxy card but
if you want to fully support Sarissa, you must make sure that all
“FOR” boxes are marked on your proxy card (blue or white)
before you submit it.
If you have any questions on how to vote, we recommend that you
contact Sarissa’s proxy solicitor, D.F. King, by calling (800)
331-7024 or emailing AMRN@dfking.com.
We urge all shareholders to vote “FOR” the Sarissa
Nominees and “FOR” the removal of Chairman Per Wold-Olsen on
or prior to the deadline on Tuesday, February 21, 2023.
Visit our website at www.freeamarin.com for helpful information
about Sarissa and the need for change at Amarin.
IF YOU ALREADY VOTED “FOR” ALL PROPOSALS AND SUBMITTED YOUR
BLUE PROXY CARD, THERE IS NOTHING ELSE YOU NEED TO DO TO SUPPORT
SARISSA’S NOMINEES. YOU DO NOT NEED TO VOTE AGAIN.
The General Meeting of Amarin shareholders is scheduled for
February 28, 2023, BUT TO MAKE SURE YOUR VOTE COUNTS,
SUBMIT YOUR VOTE ON OR BEFORE TUESDAY,
FEBRUARY 21, 2023.
Additional Information
Sarissa Capital Management LP (“Sarissa Capital”), together with
other participants, filed a definitive proxy statement and an
accompanying blue proxy card with the SEC on January 31, 2023, in
connection with the solicitation of shareholders of Amarin
Corporation plc (the “Company”) at the general meeting of the
Company for the election of Sarissa Capital’s slate of
highly-qualified nominees (the “General Meeting”). Shareholders are
advised to read the definitive proxy statement and other relevant
documents related to the General Meeting as they contain important
information.
The definitive proxy statement and other relevant documents are
available at no charge on the SEC’s website at www.sec.gov and at
www.freeamarin.com. The definitive proxy statement and other
relevant documents are also available at no charge by directing a
request to Sarissa Capital’s proxy solicitor, D.F. King & Co.,
Inc., 48 Wall Street, New York, New York 10005 (Shareholders can
call toll-free: (800) 331-7024).
#FreeAmarin
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version on businesswire.com: https://www.businesswire.com/news/home/20230216005822/en/
Jean Puong Sarissa Capital Management LP info@sarissacap.com
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