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Prothena Corporation plc Announces Proposed Secondary Offering Of Ordinary Shares By Perrigo Company (PRGO)


1/28/2014 9:21:07 AM

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DUBLIN, Ireland, Jan. 27, 2014 (GLOBE NEWSWIRE) -- Prothena Corporation plc (Nasdaq:PRTA), a clinical stage biotechnology company focused on the discovery, development and commercialization of novel antibodies for the potential treatment of diseases that involve protein misfolding and cell adhesion, announced today the underwritten public offering of 2,767,177 ordinary shares of Prothena by Elan Science One Limited (the "Selling Shareholder"), an indirect wholly owned subsidiary of Perrigo Company plc ("Perrigo"). In addition, the Selling Shareholder has granted the underwriters a 30-day option to purchase up to an additional 415,076 ordinary shares.

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