VRNA Verona Pharma

Filed: 3 May 21, 4:25pm





Washington, D.C. 20549









Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934


Date of report (Date of earliest event reported): April 27, 2021




Verona Pharma plc

(Exact name of registrant as specified in its charter)




United Kingdom 001-39067 Not Applicable

(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)


3 More London Riverside

London SE1 2RE

United Kingdom

(Address of principal executive offices) (Zip Code)


+44 203 283 4200

(Registrant’s telephone number, including area code)



(Former name or former address, if changed since last report)




Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


 ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


 ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


 ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


 ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act: 

Title of each classTrading Symbol(s)Name of each exchange on which
Ordinary shares, nominal value £0.05 per share*VRNAThe Nasdaq Global Market


* The ordinary shares are represented by American Depositary Shares (each representing 8 ordinary shares), which are exempt from the operation of Section 12(a) of the Securities Exchange Act of 1934, as amended, pursuant to Rule 12a-8 thereunder.


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).


Emerging growth company x


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x






Item 5.07 Submission of Matters to a Vote of Security Holders.


On April 27, 2021, Verona Pharma plc (the “Company”) held its 2021 Annual General Meeting of Shareholders (the “AGM”), and all resolutions were passed as proposed. Of the ordinary shares entitled to vote, there were 438,077,633 ordinary shares represented in person or by proxy at the AGM. The matters voted upon at the AGM, all of which were described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 19, 2021, and the final results of such voting are set forth below. Proxy forms which gave a person designated by the Company discretion have been included in the “For” total. In accordance with the terms of the deposit agreement by and among the Company, Citibank, N.A., as depositary, and holders and beneficial owners of American Depositary Shares (“ADSs”) issued thereunder, dated as of May 2, 2017, holders of ADSs as the ADS record date who did not provide the depositary bank with voting instructions on or before the voting cut-off time for ADS holders were deemed to have instructed the depositary bank to give a discretionary proxy to a person designated by the Company to vote the underlying ordinary shares at the AGM and the voting results below reflect that. A “vote withheld” is not a vote in law and votes withheld had no effect on the proposals. Votes withheld were counted as present and entitled to vote for purposes of determining a quorum.


Proposal 1. To re-elect David Ebsworth, Ph.D. as a Director of the Company.


437,364,357 19,404 693,872 


Proposal 2. To re-elect Martin Edwards, M.D. as a Director of the Company.


438,029,801 20,504 27,328 


Proposal 3. To re-elect Sven Anders Ullman, M.D., Ph.D. as a Director of the Company.


438,031,225 19,080 27,328 


Proposal 4. To re-elect Lisa Deschamps as a Director of the Company.


437,987,653 62,652 27,328 


Proposal 5. To receive and adopt the U.K. statutory annual accounts and Directors’ report for the year ended December 31, 2020 and the report of the auditors thereon.


438,049,233 14,032 14,368 


Proposal 6. To receive and approve, as a non-binding advisory resolution, the U.K. statutory Directors’ Remuneration Report for the year ended December 31, 2020.


437,440,863 624,250 12,520 





Proposal 7. To receive and approve the U.K. Directors’ Remuneration Policy.


437,393,559 658,754 25,320 


Proposal 8. To re-appoint PricewaterhouseCoopers LLP as the Company’s auditors, to hold office until the conclusion of the next annual general meeting of shareholders.


438,048,059 19,270 10,304 


Proposal 9. To authorize the Audit and Risk Committee to determine the auditors’ remuneration for the year ending December 31, 2021.


438,030,613 27,780 19,240 


Proposal 10. To authorize the Board of Directors to exercise all the powers of the Company to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company up to an aggregate nominal amount of £24,415,222.30.


397,293,901 40,753,252 30,480 


Proposal 11. To authorize the Board of Directors to allot equity securities for cash and/or to sell ordinary shares held by the Company as treasury shares for cash as if section 561(1) of the U.K. Companies Act 2006 does not apply to any such allotment.


397,273,909 40,756,452 47,272 


Based on the foregoing votes, the shareholders re-elected each of David Ebsworth, Ph.D., Martin Edwards, M.D., Sven Anders Ullman, M.D., Ph.D. and Lisa Deschamps as directors, and approved Proposals 5, 6, 7, 8, 9, 10 and 11.







Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: May 3, 2021By: /s/ David Zaccardelli, Pharm. D.
 Name:  David Zaccardelli, Pharm. D.
 Title: Chief Executive Officer