BELLUS Health Announces Meeting Updates
April 26 2023 - 06:00PM
Business Wire
BELLUS Health Inc. (Nasdaq:BLU; TSX:BLU) (“BELLUS Health”
or the “Company”), a clinical-stage biopharmaceutical
company working to better the lives of patients suffering from
persistent cough, starting with the development of camlipixant
(BLU-5937) for the treatment of refractory chronic cough
(“RCC”), has announced the meeting and record dates for the
special meeting of shareholders to be held in connection with the
acquisition of the Company by GSK plc for US$2.0 billion pursuant
to a plan of arrangement (the “Acquisition Meeting”). The
Company will hold the Acquisition Meeting to consider the
acquisition on June 16, 2023. The Company’s Board of Directors has
unanimously recommended that its shareholders vote in favour of the
approval of the acquisition. The record date for the Acquisition
Meeting will be May 15, 2023.
The Company announced today that it is postponing until June 30,
2023 its annual and special meeting of shareholders previously
scheduled to be held on May 4, 2023 (the “Annual Meeting”).
The new record date for the Annual Meeting will be May 25, 2023,
and meeting materials will be sent to shareholders of record in due
course. The Company believes that the postponement is in the best
interests of the Company as it will allow management to focus its
efforts on preparing for the Acquisition Meeting, the completion of
the acquisition and completing its customary Q1 financial
reporting.
The acquisition remains subject to regulatory approvals and
approval of shareholders at the Acquisition Meeting.
Cautionary statement regarding forward-looking statements
relating to BELLUS Health
This press release may include “forward-looking statements”
within the meaning of the applicable securities laws, including
with respect to the holding of the Acquisition Meeting and the
Annual Meeting. Each forward-looking statement contained in this
press release is based on the current expectations of management
and is subject to known and unknown risks and uncertainties and
other unknown factors that could cause actual results to differ
materially from historical results and those expressed or implied
by such statement. In addition to statements which explicitly
describe such risks and uncertainties, readers are urged to
consider statements labelled with the terms “believes,” “belief,”
“expects,” “intends,” “anticipates,” “will,” or “plans” to be
uncertain and forward-looking. Risks and uncertainties include,
among others, the risk that a condition to closing of the
acquisition may not be satisfied, the risk that any required
shareholder, court or applicable regulatory approvals for the
acquisition may not be obtained or be obtained subject to
conditions that are not anticipated, the failure to realize the
anticipated benefits of the acquisition, the occurrence of any
event that could give rise to termination of the acquisition, and
potential litigation in connection with the acquisition or other
settlements or investigations that may affect the timing or
occurrence of the acquisition or result in significant costs of
defence, indemnification and liability.
BELLUS Health cautions investors not to rely on the
forward-looking statements contained in this press release when
making an investment decision in their securities. Investors are
encouraged to read BELLUS Health’s filings available on the SEC
website at www.sec.gov and on the SEDAR website at www.sedar.com,
for a discussion of these and other risks and uncertainties. The
forward-looking statements in this press release speak only as of
the date of this press release and BELLUS Health undertakes no
obligation to update or revise any of these statements, whether as
a result of new information, future events or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230426006012/en/
Ramzi Benamar Chief Financial Officer
rbenamar@bellushealth.com
Media: Julia Deutsch Solebury Strategic Communications
jdeutsch@soleburystrat.com
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