Understanding Nyxoah's Recent Transparency Notification
REGULATED INFORMATION
Mont-Saint-Guibert – In alignment with disclosure requirements regarding shareholding changes, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) has announced an important transparency notification.
Who is Vestal Point Capital?
On October 23, Nyxoah disclosed that it received a transparency notification from Vestal Point Capital following an acquisition regarding voting rights. This acquisition has positioned Vestal Point Capital with a significant holding of 3,000,688 voting rights, equivalent to 8.03% of the total voting rights calculated as of October 9, 2024.
Details of the Notification
The transparency notification indicates several key points:
- Reason for Notification: The notification was triggered by the acquisition of voting securities.
- Notification by: The reporting was made by a parent undertaking or a controlling person.
- Persons Subject to Notification: The notification involves:
- Vestal Point Capital, LLC
- Vestal Point Capital, LP
- Ryan Wilder
- Date of Threshold Crossing: The threshold was crossed on October 9, 2024.
- Crossed Threshold: This threshold was set at 5%.
- Total Denominator: Total voting rights stood at 37,389,015.
Participation Breakdown
After the recent transaction, the ownership details are critical to understanding the current shareholding structure:
- Vestal Point Capital, LP: Holds 3,000,688 voting rights.
- Ryan Wilder: No voting rights held.
- Vestal Point Capital, LLC: Also holds no voting rights.
Overall, the communication reveals that Vestal Point Capital, LP is now in a position of influence with over 8% voting rights.
An Insight into Controlled Undertakings
Digging deeper, Vestal Point Capital, LP operates as an investment management entity, while being under the control of Vestal Point Capital, LLC. The latter is managed by Ryan Wilder, who holds significant authority over decision-making.
Exercise of Voting Rights
Notably, Vestal Point Capital, LP possesses the ability to exercise these voting rights at its discretion, even in the absence of specific instructions from its stakeholders. This capacity is crucial for influencing company direction and strategic decisions.
Contact Information
For inquiries regarding this transparency notification, interested parties can reach out to:
Nyxoah
Loic Moreau, CFO
IR@nyxoah.com
Frequently Asked Questions
What is a transparency notification?
A transparency notification is a formal announcement regarding significant changes in shareholdings of voting securities, ensuring that stakeholders are informed about substantial ownership positions.
Who is Vestal Point Capital?
Vestal Point Capital is an investment management firm that has recently acquired a portion of Nyxoah's voting rights, influencing ownership structure.
How many voting rights does Vestal Point hold in Nyxoah?
Vestal Point Capital holds 3,000,688 voting rights, which corresponds to 8.03% of Nyxoah's total voting rights.
What triggered the recent notification from Nyxoah?
The notification was triggered by Vestal Point Capital's acquisition of voting securities that crossed the 5% threshold of total voting rights.
How can I get more information regarding this notification?
For further details, stakeholders can contact Nyxoah directly via email at IR@nyxoah.com.
