UCB (EBR:UCB) UCB Media Room: UCB's General Meeting of Shareholders 2021

Directive transparence : information réglementée Communiqué sur comptes, résultats, chiffres d’affaires

29/04/2021 18:04
https://mb.cision.com/Public/18595/logo/86a99b25f755738d_org.jpg ** UCB's General Meeting of Shareholders 2021 ------------------------------------------------------------ =C2=B7 For financial year 2020: Gross dividend of =E2=82=AC 1.27 per share = (+ 2 %), payable 4 May 2021 =C2=B7 All agenda items put to vote approved =C2=B7 The message of Jean-Christophe Tellier, CEO of UCB is available on U= CB=E2=80=99s global corporate website Brussels (Belgium), 29 April 2020 =E2=80=93 18:00 (CEST) =E2=80=93 regulate= d information - Today, UCB held its Annual General Meeting of Shareholders = (AGM). In view of the measures adopted by public authorities to fight again= st the Covid-19 pandemic and in accordance with article 7:137 of the Belgia= n code of companies and associations, this meeting was organised virtually.= =C2=A0At the AGM 148 614 833=C2=A0shares (78,73% of shares entitled to vot= e) were present or=C2=A0represented.=C2=A0The message of Mr. Jean-Christoph= e Tellier, Chief Executive Officer of UCB, published at the occasion of thi= s general meeting, is available on the UCB website (https://www.ucb.com/inv= estors/UCB-shareholders/Shareholders-meeting-2021) . During his speech, Mr. Tellier commented: =E2=80=9CThanks to our resilient = teams, 2020 was another excellent year for UCB. We delivered strong results= , proving once again that we can be confident that our current growth strat= egy supports our ability to care, grow and deliver=E2=80=9D.=C2=A0 Jean-Christophe Tellier also highlighted in his message the company=E2=80= =99s performance to date in 2021: =E2=80=9CWe see the continuation of the g= ood performance in 2020 =E2=80=93 in-line with our expectations and in-line= with our guidance for 2021.=E2=80=9D On the topic of the pandemic, Mr. Tel= lier added: =E2=80=9CWe will continue to closely follow the evolving COVID-= 19 pandemic and its implications diligently to assess potential near- and m= id-term challenges. As of today, we confirm all timelines for UCB=E2=80=99s= clinical development programs as communicated during our FY 2020 report en= d of February. UCB will continue to monitor the impact of COVID-19 on all o= ngoing clinical trials and will implement changes as necessary.=C2=A0 Looking at UCB=E2=80=99s FcRn antibody rozanolixizumab, Jean-Christophe Tel= lier pointed out: =E2=80=9Cwe are going to investigate an additional patien= t population of people living with Autoimmune encephalitis (AIE) =E2=80=93 = a rare and serious medical condition, in which the immune system attacks th= e brain - leading to epileptic seizures, movement disorders as well as onse= t of cognitive decline in some patients. There is no therapy approved for A= IE. UCB=E2=80=99s clinical development program with rozanolixizumab in AIE = will start with a phase 2 study in this patient population during the third= quarter this year. First results are expected in Q4 2023.=E2=80=9D The AGM approved for the fiscal year 2020 the payment of a gross dividend o= f =E2=82=AC 1.27 per share (net dividend of =E2=82=AC 0.889 per share) comp= ared to =E2=82=AC 1.24 per share for 2019 (net =E2=82=AC 0.868). The ex-div= idend date is 30 April 2021, the dividend (coupon no. 24) will be payable a= s of 4 May 2021. During the AGM, several changes to the Board composition were approved. The= AGM appointed Mr. Stefan Oschmann as Independent Director. He will become = Chair of the Board in replacement of Mrs. Evelyn du Monceau who has reached= the statutory age limit after serving on the Board for more than 35 years.= Mrs. Fiona du Monceau was also appointed as Director. She will become Vice= Chair of the Board in replacement of Mr. Pierre Gurdjian who will stay on = the Board as Independent Director for the remainder of his mandate. Fiona d= u Monceau is a representative of the Reference Shareholder and does not qua= lify as independent Director in accordance with the criteria of the 2020 Co= de. Upon reaching the end of his mandate, Mr. Roch Doliveux did not wish to app= ly for a new term for personal reasons and as such has left the Board and U= CB. Mr. Jonathan Peacock was appointed as Independent Director and will bec= ome the Chair of the Audit Committee in replacement of Mr. Albrecht De Grae= ve. Mr. De Graeve=E2=80=99s mandate was renewed for a term of 4 years and h= e will continue to qualify as Independent Director until the General Meetin= g of 2022.=C2=A0 The mandate of Mrs. Viviane Monges as independent member of the Board was r= enewed for a term of 4 years. She will continue to be a member of the Audit= Committee. Professor Susan Gasser was appointed as a new member of UCB=E2= =80=99s Board of Directors. Professor Gasser replaces Professor Alice Dautr= y who has reached the statutory age limit and will continue to be a member = of the Scientific Committee of the Board. Her co-optation in the Board for = the period starting on January 1, 2021 was also confirmed. =C2=A0 Commenting on the Board changes, Jean-Christophe Tellier gave special thank= s personally and on behalf of UCB to those leaving after many years of grea= t service to the company: =E2=80=9CI=E2=80=99d like to show my appreciation= and gratitude to our Chair of the Board, Evelyn du Monceau who retired at = the end of the meeting. Her expertise and guidance have been invaluable. Ev= elyn has always demonstrated an unwavering commitment to advancing better c= are and treatment solutions for patients with unmet needs. Jean-Christophe = also wished to thank past UCB CEO and Board member Roch Doliveux who is als= o leaving the Board: =E2=80=9CRoch steered UCB for many years and was instr= umental into helping the company transform into a successful biopharma play= er. We worked together for many years and I=E2=80=99ve always welcomed his = guidance and support.=E2=80=9D=C2=A0 For the curriculum vitae of the Board members, please visit the UCB website= : https://www.ucb.com/investors/UCB-governance.=C2=A0 All other agenda items put to vote at the AGM were approved by the sharehol= ders. More information including details of the votes will be available soo= n on UCB's website (https://www.ucb.com/investors/UCB-shareholders/Sharehol= ders-meeting-2021) . The Integrated Annual Report 2020 of UCB can be downloaded on UCB's website= at https://www.ucb.com/investors/Download-center or is available on the on= line portal at https://reports.ucb.com/annual-report-2020/home. =C2=A0 The financial results for the first half year 2021 will be published on 29 = July 2021.=C2=A0 Next year's General Meeting will be held on 28 April 2022. For further information Investor Relations Antje Witte =C2=A0 =C2=A0 =C2=A0 =C2=A0 =C2=A0 Investor Relations, UCB T +32.2.559.94.14 antje.witte@ucb.com Corporate Communications Laurent Schots=C2=A0 Media Relations, UCB =C2=A0 T+32.2.559.92.64 =C2=A0Laurent.schots@ucb.com=C2=A0 =C2=A0=C2=A0 About UCB UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company = focused on the discovery and development of innovative medicines and soluti= ons to transform the lives of people living with severe diseases of the imm= une system or of the central nervous system. With approximately 8 400 peopl= e in nearly 40 countries, the company generated revenue of =E2=82=AC 5.3 bi= llion in 2020. UCB is listed on Euronext Brussels (symbol: UCB). Follow us = on Twitter: @UCB_news Forward looking statements UCB This press release may contain forward-looking statements including, withou= t limitation, statements containing the words =E2=80=9Cbelieves=E2=80=9D, = =E2=80=9Canticipates=E2=80=9D, =E2=80=9Cexpects=E2=80=9D, =E2=80=9Cintends= =E2=80=9D, =E2=80=9Cplans=E2=80=9D, =E2=80=9Cseeks=E2=80=9D, =E2=80=9Cestim= ates=E2=80=9D, =E2=80=9Cmay=E2=80=9D, =E2=80=9Cwill=E2=80=9D, =E2=80=9Ccont= inue=E2=80=9D and similar expressions. These forward-looking statements are= based on current plans, estimates and beliefs of management. All statement= s, other than statements of historical facts, are statements that could be = deemed forward-looking statements, including estimates of revenues, operati= ng margins, capital expenditures, cash, other financial information, expect= ed legal, arbitration, political, regulatory or clinical results or practic= es and other such estimates and results. By their nature, such forward-look= ing statements are not guarantees of future performance and are subject to = known and unknown risks, uncertainties and assumptions which might cause th= e actual results, financial condition, performance or achievements of UCB, = or industry results, to differ materially from those that may be expressed = or implied by such forward-looking statements contained in this press relea= se. Important factors that could result in such differences include: the gl= obal spread and impact of COVID-19, changes in general economic, business a= nd competitive conditions, the inability to obtain necessary regulatory app= rovals or to obtain them on acceptable terms or within expected timing, cos= ts associated with research and development, changes in the prospects for p= roducts in the pipeline or under development by UCB, effects of future judi= cial decisions or governmental investigations, safety, quality, data integr= ity or manufacturing issues; potential or actual data security and data pri= vacy breaches, or disruptions of our information technology systems, produc= t liability claims, challenges to patent protection for products or product= candidates, competition from other products including biosimilars, changes= in laws or regulations, exchange rate fluctuations, changes or uncertainti= es in tax laws or the administration of such laws, and hiring and retention= of its employees. There is no guarantee that new product candidates will b= e discovered or identified in the pipeline, will progress to product approv= al or that new indications for existing products will be developed and appr= oved. Movement from concept to commercial product is uncertain; preclinical= results do not guarantee safety and efficacy of product candidates in huma= ns. So far, the complexity of the human body cannot be reproduced in comput= er models, cell culture systems or animal models. The length of the timing = to complete clinical trials and to get regulatory approval for product mark= eting has varied in the past and UCB expects similar unpredictability going= forward. Products or potential products which are the subject of partnersh= ips, joint ventures or licensing collaborations may be subject to differenc= es disputes between the partners or may prove to be not as safe, effective = or commercially successful as UCB may have believed at the start of such pa= rtnership. UCB=E2=80=99 efforts to acquire other products or companies and = to integrate the operations of such acquired companies may not be as succes= sful as UCB may have believed at the moment of acquisition. Also, UCB or ot= hers could discover safety, side effects or manufacturing problems with its= products and/or devices after they are marketed. The discovery of signific= ant problems with a product similar to one of UCB=E2=80=99s products that i= mplicate an entire class of products may have a material adverse effect on = sales of the entire class of affected products. Moreover, sales may be impa= cted by international and domestic trends toward managed care and health ca= re cost containment, including pricing pressure, political and public scrut= iny, customer and prescriber patterns or practices, and the reimbursement p= olicies imposed by third-party payers as well as legislation affecting biop= harmaceutical pricing and reimbursement activities and outcomes. Finally, a= breakdown, cyberattack or information security breach could compromise the= confidentiality, integrity and availability of UCB=E2=80=99s data and syst= ems.=C2=A0 Given these uncertainties, you should not place undue reliance on any of su= ch forward-looking statements. There can be no guarantee that the investiga= tional or approved products potentially described in this press release wil= l be submitted or approved for sale or for any additional indications or la= belling in any market, or at any particular time, nor can there be any guar= antee that such products will be or will continue to be commercially succes= sful in the future. UCB is providing this information, including forward-looking statements, on= ly as of the date of this press release and it does not reflect any potenti= al impact from the evolving COVID-19 pandemic, unless indicated otherwise. = UCB is following the worldwide developments diligently to assess the financ= ial significance of this pandemic to UCB. UCB expressly disclaims any duty = to update any information contained in this press release, either to confir= m the actual results or to report or reflect any change in its forward-look= ing statements with regard thereto or any change in events, conditions or c= ircumstances on which any such statement is based, unless such statement is= required pursuant to a GenericFile 20210421 - UCB AGM PR ENG (https://mb.cision.com/Public/18595/3337063/96f02= bd20f0e17d7.pdf) GenericFile 20210421 - UCB AGM PR NL (https://mb.cision.com/Public/18595/3337063/b97b90= 855b6c3690.pdf) GenericFile 20210421 - UCB AGM PR FR (https://mb.cision.com/Public/18595/3337063/a957ba= 39dbc55b0b.pdf) ______________________ If you would rather not receive future communications from UCB SA, please g= o to https://eu.vocuspr.com/OptOut.aspx?2973226x20421x68124x1x6868579x24000= x6&Email=3Dregnews%40symexglobal.com. UCB SA, All=C3=A9e de la Recherche, 60 ., Brussels, . B - 1070 Belgium