Osaka, Japan, June 24, 2020 -- Takeda Pharmaceutical Company Limited (“Company”) announced today that at the meeting of its Board of Directors held on June 24, 2020, the Board of Directors resolved to file a Shelf Registration Statement in Japan regarding the issuance of new shares. The purpose of the filing is to issue shares of common stock of the Company in a timely and flexible manner in association with the introduction of a new Long Term Incentive Plan (“LTIP”). For details of the LTIP, please refer to “Launch of a New Employee Stock Purchase Plan and Long Term Incentive Plan for Company Group Employees Overseas” released today.
|1.Purpose of Shelf Registration||Please see above|
|2.Class of Securities to be Offered||Shares of common stock of the Company|
|3.Scheduled Issue Period||For the period from the scheduled effective date of the Shelf Registration to the date that is one year after such scheduled effective date
(From July 3, 2020 to July 2, 2021)
|4.Scheduled Issue Amount||Up to JPY 70,000 million|
|5.Use of Proceeds||
The issuance of shares of common stock related to the
|6.Terms of Offering||To be determined.|
This announcement has been prepared to publicly disclose the fling of Shelf Registration Statement in Japan and is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.
About Takeda Pharmaceutical Company Limited
Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to bringing Better Health and a Brighter Future to patients by translating science into highly-innovative medicines. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Diseases, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people's lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries.
For more information, visit https://www.takeda.com.