On January 4, 2019, Summit Therapeutics plc (the Company) announced the results of the
resolutions proposed at the Companys previously announced general meeting of shareholders in connection with the proposed subscription (the Subscription) by Mr. Robert W. Duggan of an aggregate of 15,625,000 of the
Companys American Depositary Shares (ADSs), representing an aggregate of 78,125,000 ordinary shares, par value £0.01 per share, of the Company (the New Ordinary Shares). All of the resolutions were duly approved
by the Companys shareholders by way of a poll.
As a result, the Subscription is expected to close on or about January 8, 2019, subject to the
satisfaction of certain customary closing conditions and the admission of the New Ordinary Shares underlying the ADSs to trading on AIM pursuant to Rule 6 of the AIM Rules for Companies as published from time to time by London Stock Exchange plc.
The full text of the related press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
This Form
6-K,
including Exhibit 99.1 hereto, does not constitute an offer to sell, or a solicitation of offers to
purchase or subscribe for, securities in the United States or in any other jurisdiction.
Forward-Looking Statements
Any statements in this Form
6-K
about the Companys future expectations, plans and prospects, including but not
limited to, statements about whether or not the Company will consummate the Subscription, the clinical and preclinical development of the Companys product candidates, the therapeutic potential of the Companys product candidates, the
potential of the Discuva Platform, the potential commercialization of the Companys product candidates, the sufficiency of the Companys cash resources, the timing of initiation, completion and availability of data from clinical trials,
the potential submission of applications for marketing approvals and other statements containing the words anticipate, believe, continue, could, estimate, expect,
intend, may, plan, potential, predict, project, should, target, would, and similar expressions, constitute forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the
initiation of future clinical trials, availability and timing of data from ongoing and future clinical trials and the results of such trials, whether preliminary results from a clinical trial will be predictive of the final results of that trial or
whether results of early clinical trials or preclinical studies will be indicative of the results of later clinical trials, expectations for regulatory approvals, laws and regulations affecting government contracts, availability of funding
sufficient for the Companys foreseeable and unforeseeable operating expenses and capital expenditure requirements and other factors discussed in the Risk Factors section of filings that the Company makes with the Securities and