Filing Details

Accession Number:
0001395064-20-000021
Form Type:
13G Filing
Publication Date:
2020-01-24 06:16:37
Filed By:
Takeda Pharmaceutical Co Ltd
Company:
Myovant Sciences Ltd. (NYSE:MYOV)
Filing Date:
2020-01-24
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Takeda Pharmaceutical Company Limited 0 3,920,625 0 3,920,625 3,920,625 4.37%
Millennium Pharmaceuticals, Inc 0 3,920,625 0 3,920,625 3,920,625 4.37%
Filing





UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*


MYOVANT SCIENCES LTD.
(Name of Issuer)
Common Stock, par value $0.000017727 per share
(Title of Class of Securities)
G637AM102
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
*
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).







CUSIP No. G637AM102
 
 
 
 
 
 
 
 
(1)
 
 
Names of reporting persons

Takeda Pharmaceutical Company Limited
(2)
 
 
Check the appropriate box if a member of a group (see instructions)
(a) ☐ (b) ☐

(3)
 
 
SEC use only

(4)
 
 
Citizenship or place of organization

Japan
 
Number of
shares
beneficially
owned by
each
reporting
person
with:
 
(5)
 
Sole voting power

0
 
 
(6)
 
Shared voting power

3,920,625
 
 
(7)
 
Sole dispositive power

0
 
 
(8)
 
Shared dispositive power

3,920,625
(9)
 
 
Aggregate amount beneficially owned by each reporting person

3,920,625 (1)
(10)
 
 
Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

(11)
 
 
Percent of class represented by amount in Row (9)

4.37% (2)
(12)
 
 
Type of reporting person (see instructions)

CO

(1) Takeda Pharmaceutical Company Limited’s beneficial ownership of the Issuer’s Common Stock is comprised of 3,920,625 shares of Common Stock held directly by Millennium Pharmaceuticals, Inc., which is a direct, wholly owned subsidiary of Takeda Pharmaceuticals U.S.A. Inc., which is owned directly by both Takeda Pharmaceutical Company Limited (58.09%) and Takeda Pharmaceuticals International AG (41.91%). Takeda Pharmaceuticals International AG is a wholly owned subsidiary of Takeda Pharmaceutical Company Limited.

(2) Based on 89,623,564 shares of Common Stock outstanding as of November 1, 2019 as reported on the Issuer’s Form 10-Q filed on November 12, 2019.


Page 2 of 2 pages



CUSIP No. G637AM102
 
 
 
 
 
 
 
(1)
 
Names of reporting persons

Millennium Pharmaceuticals, Inc.
(2)
 
Check the appropriate box if a member of a group (see instructions)
(a) ☐ (b) ☐

(3)
 
SEC use only

(4)
 
Citizenship or place of organization

United States
Number of
shares
beneficially
owned by
each
reporting
person
with:
 
(5)
 
Sole voting power

0
 
(6)
 
Shared voting power

3,920,625
 
(7)
 
Sole dispositive power

0
 
(8)
 
Shared dispositive power

3,920,625
(9)
 
Aggregate amount beneficially owned by each reporting person

3,920,625
(10)
 
Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

(11)
 
Percent of class represented by amount in Row (9)
4.37% (1)
(12)
 
Type of reporting person (see instructions)

CO

(1) Based on 89,623,564 shares of Common Stock outstanding as of November 1, 2019 as reported on the Issuer’s Form 10-Q filed on November 12, 2019.


Page 3 of 3 pages




Amendment No. 1 to Schedule 13G

Reference is hereby made to the statement on Schedule 13G filed with the Securities and Exchange Commission by Takeda Pharmaceuticals International AG with respect to the Common Stock of the Issuer on March 6, 2017 (the “Schedule 13G”). Terms defined in the Schedule 13G are used herein as so defined. This Amendment No. 1 is filed solely to update the number of shares of Common Stock owned by the Reporting Persons after the sale by Millennium Pharmaceuticals, Inc. of 3,500,000 shares pursuant to a stock purchase agreement dated November 25, 2019.

The following Items of the Schedule 13G are hereby amended and restated to read in their entirety as follows:

Item 4.
Ownership
The information requested in Item 4 is incorporated herein by reference to the cover pages to this Amendment No. 1 to Schedule 13G. Ownership is stated as of December 31, 2019.
Item 5.
Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the Common Stock, check the following: [X]
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
See Exhibit 99.1.


Page 4 of 4 pages



Signatures
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: January 24, 2020


TAKEDA PHARMACEUTICAL COMPANY LIMITED


By
/s/ Yoshihiro Nakagawa
 
Name:
Yoshihiro Nakagawa
 
Title:
Corporate Officer, Global General Counsel


MILLENNIUM PHARMACEUTICALS, INC.


By
/s/ Paul Sundberg
 
Name:
Paul Sundberg
 
Title:
Attorney-in-fact




Page 5 of 5 pages



INDEX TO EXHIBITS


Exhibit 99.1

Exhibit 99.2
 
Exhibit 99.3