Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
ALKS > SEC Filings for ALKS > Form 8-K on 13-Jan-2014All Recent SEC Filings

Show all filings for ALKERMES PLC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ALKERMES PLC.


13-Jan-2014

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement.

On January 10, 2014, Alkermes plc (the "Company") entered into a pricing term sheet (the "Purchase Agreement") with Invesco Perpetual Income Fund ("IPI Fund") and Invesco Perpetual High Income Fund ("IPHI Fund" and, together with IPI Fund, the "Funds"), acting through Invesco Asset Management Limited in its capacity as agent for and on behalf of the Funds, for the registered direct offering of 5,917,160 ordinary shares of the Company, $0.01 par value (the "Shares"), at a purchase price of $42.25 per Share. A copy of the Purchase Agreement is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The Shares will be issued pursuant to a prospectus supplement filed with the Securities and Exchange Commission on January 13, 2014, in connection with a takedown from our shelf registration statement on Form S-3 (File no. 333-192256), which became effective on November 12, 2013.

The closing of the transaction is expected to occur on or about January 16, 2014.

The gross offering proceeds are expected to be approximately $250 million, before deducting the estimated offering expenses. The Company's press release dated January 13, 2014 announcing the agreement to sell the Shares is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit
No.                                     Description

10.1      Pricing Term Sheet, dated as of January 10, 2014, by and between
          Alkermes plc and Invesco Perpetual Income Fund and Invesco Perpetual
          High Income Fund, acting through Invesco Asset Management Limited in
          its capacity as agent for and on behalf of such funds.

99.1      Press release of Alkermes plc, dated January 13, 2014.


  Add ALKS to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for ALKS - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.