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AEterna Zentaris Announces Details of Distribution of its Remaining Shares of Atrium Biotechnologies Inc.

Publication: PR Newswire
Publication Date: 25-OCT-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
QUEBEC CITY, Oct. 25 /PRNewswire-FirstCall/ -- AEterna Zentaris Inc. (TSX: AEZ; NASDAQ: AEZS), a growing global biopharmaceutical company focused on endocrine therapy and oncology, announced today that its Board of Directors has approved the convening of a Special Meeting of Shareholders on December 15, 2006 for the purpose of submitting to shareholders for their approval a resolution authorizing the distribution of all 11,052,996 subordinate voting shares of Atrium Biotechnologies held by AEterna Zentaris by way of reduction of the stated capital of AEterna Zentaris' common shares.

AEterna Zentaris' shareholders of record as of the close of business on November 14, 2006 will be entitled to receive notice of and vote at the Special Meeting of Shareholders to be held on December 15, 2006. An Information Circular providing details with respect to the proposed reduction of stated capital and special distribution of subordinate voting shares of Atrium Biotechnologies will be mailed to AEterna Zentaris shareholders in the coming weeks and will be available on the Internet at http://www.aeternazentaris.com/ as well as on the SEDAR website at http://www.sedar.com/.

If approved by AEterna Zentaris' shareholders, it is currently anticipated that the special distribution of Atrium Biotechnologies shares to AEterna Zentaris shareholders will be...

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