Transparency notification received from Victory Capital Management Inc. (Article 14 §1 of the Law of 2 May 2007)


MONT-SAINT-GUIBERT, Belgium, May 19, 2021 (GLOBE NEWSWIRE) -- Celyad Oncology SA (Euronext & Nasdaq: CYAD), a clinical-stage biotechnology company focused on the discovery and development of chimeric antigen receptor T cell (CAR T) therapies for cancer, today announced that it has received a transparency notification dated 14 May 2021 indicating that Victory Capital Management Inc., now has crossed the statutory threshold of 5%, holding 713,214 shares i.e. 4.11% of Celyad Oncology’s shares and voting rights as of 13 May 2021.

Content of the Notification:

  • Reason of the Notification:
    Downward crossing of the lowest threshold
    Acquisition or disposal of voting securities or voting rights.
  • Notification by:
    A parent undertaking or a controlling person
  • Persons subject to the notification requirement:
    Victory Capital Holdings, Inc. – 4900 Tiedemann Rd, 4th Floor, Brooklyn, OH, 44144 USA
    VCH Holdings, LLC – 4900 Tiedemann Rd, 4th Floor, Brooklyn, OH, 44144 USA
    Victory Capital Operating, LLC – 4900 Tiedemann Rd, 4th Floor, Brooklyn, OH, 44144 USA
    Victory Capital Management Inc. – 4900 Tiedemann Rd, 4th Floor, Brooklyn, OH, 44144 USA
  • Transaction date
    May 13th, 2021
  • Threshold that is crossed (in %)
    5
  • Denominator
    17,373,181
  • Notified details:
A) Voting RightsPrevious notificationAfter the Transaction
 #of voting rights# of voting rights% of voting rights
Holders of voting rights Linked to the
securities
Not linked to the
securities
Linked to the
securities
Not linked to the
securities
Victory Capital Holdings Inc.     
VCH Holdings, LLC     
Victory Capital Operating, LLC     
Victory Capital Management, Inc.600,373713,214 4.11% 
Subtotal600,373713,214 4.11% 
 TOTAL713,214 4.11% 
  • Chain of controlled undertakings through which the holdings is effectively held
    Victory Capital Holdings, Inc controls VCH Holdings, LLC, which controls Victory Capital Operating, LLC, which controls Victory Capital Management Inc., an investment adviser registered with the US. Securities and Exchange Commission.
  • Additional Information
    Victory Capital Management Inc. is an investment manager who notifies the voting rights for its clients. Victory Capital Management Inc. can exercise the voting rights at its own discretion without any specific instructions from its clients.

Miscellaneous

About Celyad Oncology SA

Celyad Oncology SA is a clinical-stage biotechnology company focused on the discovery and development of chimeric antigen receptor T cell (CAR T) therapies for cancer. The Company is developing a pipeline of allogeneic (off-the-shelf) and autologous (personalized) CAR T cell therapy candidates for the treatment of both hematological malignancies and solid tumors. Celyad Oncology was founded in 2007 and is based in Mont-Saint-Guibert, Belgium and New York, NY. The Company has received funding from the Walloon Region (Belgium) to support the advancement of its CAR T cell therapy programs. For more information, please visit www.celyad.com.

Forward-looking statements

This release may contain forward-looking statements, within the meaning of applicable securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements may include statements regarding: the safety and clinical activity of Celyad Oncology’s pipelines and financial condition, results of operation and business outlook. Forward-looking statements may involve known and unknown risks and uncertainties which might cause actual results, financial condition, performance or achievements of Celyad Oncology to differ materially from those expressed or implied by such forward-looking statements. Such risk and uncertainty includes the expected date of the Phase 1 trial results in the first half of 2021, our development of additional shRNA-based allogenic candidates from our CYAD-200 series towards clinical trial, our financial and operating results and the duration and severity of the COVID-19 pandemic and government measures implemented in response thereto. A further list and description of these risks, uncertainties and other risks can be found in Celyad Oncology’s U.S. Securities and Exchange Commission (SEC) filings and reports, including in its Annual Report on Form 20-F filed with the SEC on March 24, 2021 and subsequent filings and reports by Celyad Oncology. These forward-looking statements speak only as of the date of publication of this document and Celyad Oncology’s actual results may differ materially from those expressed or implied by these forward-looking statements. Celyad Oncology expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.

Investor and Media Contacts:

Sara Zelkovic
Communications & Investor Relations Director
Celyad Oncology
investors@celyad.com

Daniel Ferry
Managing Director
LifeSci Advisors, LLC
daniel@lifesciadvisors.com

Source: Celyad Oncology SA