Celyad Oncology SA: Information on the Total Number of Voting Rights and Shares (Article 15 of the Law of 2 May 2007)

Rhea-AI Summary

Celyad Oncology SA announced a capital increase on 8 December 2021, issuing 6,500,000 new shares to Fortress Investment Group. This raised the total share capital to 78,584,224.33 EUR and resulted in a total of 22,593,956 shares, comprising 20,225,931 with single voting rights and 2,368,025 with double voting rights. The adjusted total diluted shares stand at 24,591,146, enhancing the voting rights to 26,959,171. This move complies with Belgian regulations on major shareholdings disclosures.

Positive

• Increase in share capital to 78,584,224.33 EUR.
• Issuance of 6,500,000 new shares strengthens financial position.
• Compliance with Belgian Law enhances transparency.

Negative

• Dilution of existing shareholder ownership due to new shares issued.

MONT-SAINT-GUIBERT, Belgium--(BUSINESS WIRE)-- Regulatory News:

Celyad Oncology SA (Euronext & Nasdaq: CYAD) (Brussels:CYAD) (Paris:CYAD) (NASDAQ:CYAD), a clinical-stage biotechnology company focused on the discovery and development of chimeric antigen receptor T cell (CAR T) therapies for cancer, announced the below information following the issuance on 8 December 2021 of 6,500,000 new shares of Celyad Oncology SA (the “Company”) to an affiliate of Fortress Investment Group (such affiliate “Fortress”). As a result, the Company’s share capital has been increased to 78,584,224.33 EUR and is represented by 22,593,956 shares.

This information is published in accordance with Article 15 of the Belgian Law of 2 May 2007 on the disclosure of major participations in issuers whose shares are admitted to trading on a regulated market and regarding miscellaneous provisions.

Figures – Modified on 8 December 2021 following the capital Increase:

Total amount of share capital (EUR)	78,584,224.33
Total Number of shares with single voting rights	20,225,931
Total Number of shares with double voting rights	2,368,025
Total Number of Shares	22,593,956
Total of voting rights	24,961,981
Total number of attributed warrants	1,997,190
Total number of shares with voting rights that could be created following the exercise of the attributed warrants	1,997,190
Total number of diluted shares (Outstanding shares + Warrants)	24,591,146
Total number of diluted shares with voting rights	26,959,171

Contact person for regulated information (financial, transparency)

By law, any transparency declaration must be sent to our Company by email to the attention of Filippo Petti, Chief Executive Officer (CEO): investors@celyad.com.

Further questions about the content of this release can be sent to investors@celyad.com.

About Celyad Oncology

Celyad Oncology 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 Statement

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 include statements regarding the clinical activity and safety and tolerability of CYAD-211, CYAD-203, and CYAD-101; expectations regarding enrollment and the announcement of additional clinical data; outcomes and timelines of the IMMUNICY-1 clinical trial and plans for initiating KEYNOTE-B79 Phase 1b trial; and the timeline for submission an IND application for CYAD-203. 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 include 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211230005017/en/

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

FAQ

What was the recent capital increase for CYAD?

Celyad Oncology raised its capital by issuing 6,500,000 new shares on 8 December 2021.

How many shares does Celyad Oncology have after the recent issuance?

After the issuance, Celyad Oncology has a total of 22,593,956 shares.

What is the total share capital of CYAD after the increase?

The total share capital is now 78,584,224.33 EUR.

What are the voting rights for Celyad Oncology's shares?

There are 24,961,981 total voting rights for the 22,593,956 shares.