Leuven, Belgium, Boston, MA, US - March 17,2022 - 07.00 PM CET-Oxurion NV(Euronext Brussels: OXUR) (the "Company" or "Oxurion"), a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, today announced that, pursuant to Belgian transparency legislation1, it had received two transparency notifications following the closing of its private placement, which was announced on March 7, 2022.
Oxurion received a transparency notification dated March 14, 2022, from Fidelity Management & Research Company LLC, indicating that, by virtue of an acquisition of shares on March 7, 2022, through the private placement, it had acquired 3,128,819 common shares, which represents 6.7% of Oxurion's voting rights, and thus crossed the 5% threshold (the "Fidelity Notification").
Oxurion also received a transparency notification dated March 15, 2022, from Novartis Pharma AG and Novartis AG, which confirmed Novartis Pharma AG's holding of 2,177,226 common shares, which as a result of the private placement now represents 4.7% of Oxurion's voting rights, and thereby also crossed the 5% threshold (downwards) (the "Novartis Notification").
Content of the Fidelity Notification
Reason of the notifications
Acquisition or disposal of voting securities or voting rights.
Notifications by
A parent undertaking or a controlling person.
Persons subject to the notification requirement
Date on which the threshold is crossed
7 March 2022
Threshold that is crossed
5%
Denominator
46,628,892
Notified details
See Annex 1.
Chain of controlled undertakings through which the holding is effectively held
Fidelity Management & Research Company LLC is controlled by FMR LLC. FMR LLC is not a controlled entity.
Content of the Novartis Notification
Reason of the notifications
Passive crossing of a threshold.
Notifications by
A parent undertaking or a controlling person.
Persons subject to the notification requirement
Date on which the threshold is crossed
7 March 2022
Threshold that is crossed
5%
Denominator
46,628,892
Notified details
See Annex 2.
Chain of controlled undertakings through which the holding is effectively held
Novartis Pharma AG is a wholly-owned direct subsidiary of Novartis AG.
About Oxurion
Oxurion.
For more information, please contact:
| Oxurion NV Tom Graney Chief Executive Officer Tel: +32 16 75 13 10 tom.graney@oxurion.com (mailto:tom.graney@oxurion.com) Michaël Dillen Chief Business Officer Tel: +32 479 783 583 michael.dillen@oxurion.com (mailto:michael.dillen@oxurion.com) | EU MEDiSTRAVA Consulting David Dible/ Sylvie Berrebi/Frazer Hall Tel: +44 20 7638 9571 oxurion@medistrava.com (mailto:oxurion@medistrava.com) US Westwicke, an ICR Company Christopher Brinzey Tel: +1 617 835 9304 chris.brinzey@westwicke.com (mailto:chris.brinzey@westwicke.com) |
ANNEX 1
ANNEX 2
1 Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings.
Attachment
- PR_Oxurion_Transparency Notification (ENG)_20220317 (https://ml-eu.globenewswire.com/Resource/Download/7dd38529-c29b-403c-ba46-3751b9eff98d)
