NY false 0001802768 0001802768 2024-06-06 2024-06-06

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):

June 6, 2024

 

 

Royalty Pharma plc

(Exact Name of Registrant as Specified in its Charter)

 

 

 

England and Wales   001-39329   98-1535773

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

110 East 59th Street

New York, New York

  10022
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (212) 883-0200

Not Applicable

(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 (see General Instruction A.2. below):

 

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 class

 

Trading

symbol(s)

 

Name of each exchange

on which registered

Class A Ordinary Shares, par value $0.0001 per share   RPRX   The Nasdaq Stock Market LLC

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

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. ☐

 

 

 


Item 5.07.

Submission of Matters to a Vote of Security Holders.

On June 6, 2024, Royalty Pharma plc (the “Company”) held its annual general meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders voted on ten proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 25, 2024 (the “Proxy Statement”). There were 510,790,642 shares of the Company’s Class A ordinary shares and Class B ordinary shares, voting as a single class, present or represented by proxy at the Annual Meeting, which represented 85.49% of the combined voting power of the Class A ordinary shares and Class B ordinary shares entitled to vote at the Annual Meeting, and which constituted a quorum for the transaction of business. Holders of the Company’s Class A ordinary shares and Class B ordinary shares were entitled to one vote for each share held as of the record date described in the Proxy Statement. The Company’s inspector of election certified the following vote tabulations:

Proposal 1. To elect eight directors, each by separate ordinary resolutions, to the Company’s Board of Directors to serve until the 2025 Annual General Meeting of Shareholders:

 

Nominee   For   Against   Abstain   Broker Non-Votes

Pablo Legorreta

  469,574,048   16,360,957   91,560   24,764,077

Henry Fernandez

  467,493,605   18,441,850   91,110   24,764,077

Bonnie Bassler, Ph.D.

  480,331,728   5,609,040   85,797   24,764,077

Errol De Souza, Ph.D.

  468,014,051   17,919,666   92,848   24,764,077

Catherine Engelbert

  482,164,279   3,725,318   136,968   24,764,077

David Hodgson

  474,265,799   11,668,945   91,821   24,764,077

Ted Love, M.D.

  457,219,827   28,488,315   318,423   24,764,077

Gregory Norden

  472,819,630   13,114,794   92,141   24,764,077

Proposal 2. To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers:

 

For   Against   Abstain   Broker Non-Votes
448,091,225   37,716,521   218,819   24,764,077

Proposal 3. To ratify the appointment of Ernst & Young LLP, as the Company’s independent registered public accounting firm:

 

For   Against   Abstain
510,538,774   175,866   76,002

There were no broker non-votes on this proposal.

Proposal 4. To approve receipt of the Company’s U.K. statutory accounts together with the Company’s U.K. statutory reports, including the directors’ report, the strategic report, the directors’ remuneration report and the auditors’ report for the fiscal year ended December 31, 2023 (“U.K. Annual Report and Accounts”):

 

For   Against   Abstain
510,158,489   64,644   567,509

There were no broker non-votes on this proposal.


Proposal 5. To approve, the Company’s U.K. directors’ remuneration policy, included in U.K. directors’ remuneration report contained in the U.K. Annual Report and Accounts:

 

For   Against   Abstain   Broker Non-Votes
446,941,633   38,920,774   164,158   24,764,077

Proposal 6. To approve, on a non-binding advisory basis, the Company’s U.K. directors’ remuneration report in the U.K. Annual Report and Accounts:

 

For   Against   Abstain   Broker Non-Votes
448,684,306   37,116,575   225,684   24,764,077

Proposal 7. To re-appoint Ernst & Young Chartered Accountants as the Company’s U.K. statutory auditor under the U.K. Companies Act 2006, to hold office until the conclusion of the next general meeting of shareholders at which the U.K. annual report and accounts are presented to shareholders:

 

For   Against   Abstain
510,533,472   190,241   66,929

There were no broker non-votes on this proposal.

Proposal 8. To authorize the Board of Directors to determine the remuneration of the Company’s U.K. statutory auditor:

 

For   Against   Abstain   Broker Non-Votes
485,875,260   100,511   50,794   24,764,077

Proposal 9. To authorize the Board of Directors to allot shares:

 

For   Against   Abstain   Broker Non-Votes
474,984,226   10,910,963   131,376   24,764,077

Proposal 10. To authorize the Board of Directors to allot shares without rights of pre-emption:

 

For   Against   Abstain   Broker Non-Votes
455,564,249   30,278,595   183,721   24,764,077


SIGNATURES

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: June 6, 2024

 

ROYALTY PHARMA PLC
By:  

/s/ George Lloyd

 

George Lloyd

Executive Vice President, Investments &

Chief Legal Officer

v3.24.1.1.u2
Document and Entity Information
Jun. 06, 2024
Cover [Abstract]  
Entity Address, State or Province NY
Amendment Flag false
Entity Central Index Key 0001802768
Document Type 8-K
Document Period End Date Jun. 06, 2024
Entity Registrant Name Royalty Pharma plc
Entity Incorporation State Country Code X0
Entity File Number 001-39329
Entity Tax Identification Number 98-1535773
Entity Address, Address Line One 110 East 59th Street
Entity Address, City or Town New York
Entity Address, Postal Zip Code 10022
City Area Code (212)
Local Phone Number 883-0200
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Security 12b Title Class A Ordinary Shares, par value $0.0001 per share
Trading Symbol RPRX
Security Exchange Name NASDAQ
Entity Emerging Growth Company false

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