Amarin shareholders reject proposal to allow share allotment without pre-emption rights at AGM

AMARIN CORP PLCUK

Special resolution to allot 10% of shares without pre-emption rights failed (89.8M for, 36.0M against; needed 75%).
Board must now seek opt-out for each share issuance, described as time-consuming, expensive and subject to rejection.
Non-employee directors likely to receive supplemental cash compensation in lieu of equity at previously approved value, impacting cash.
All other 12 proposals, including director re-elections and say-on-pay, were approved.

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