Publication relating to transparency notifications
Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) received a transparency notification from BlackRock, Inc. on January 16, 2025. The notification reveals that BlackRock and its controlled undertakings now hold 1,105,907 voting rights in Nyxoah, comprising 1,065,035 shares and 40,872 equivalent financial instruments. This represents 2.95% of total voting rights (37,427,265) as of January 14, 2025.
The change resulted in BlackRock crossing downward below the 3% threshold. The voting rights are distributed among various BlackRock entities, with BlackRock Advisors, holding the largest portion at 2.76%. The equivalent financial instruments include securities lent and contract differences, accounting for 0.10% of voting rights.
Nyxoah SA (Euronext Bruxelles/Nasdaq: NYXH) ha ricevuto una notifica di trasparenza da parte di BlackRock, Inc. il 16 gennaio 2025. La notifica rivela che BlackRock e le sue controllate detengono ora 1.105.907 diritti di voto in Nyxoah, costituiti da 1.065.035 azioni e 40.872 strumenti finanziari equivalenti. Ciò rappresenta il 2,95% dei diritti di voto totali (37.427.265) al 14 gennaio 2025.
Il cambiamento ha comportato un passaggio di BlackRock al di sotto della soglia del 3%. I diritti di voto sono distribuiti tra vari enti di BlackRock, con BlackRock Advisors che detiene la maggior parte, pari al 2,76%. Gli strumenti finanziari equivalenti comprendono titoli prestati e differenze contrattuali, che rappresentano lo 0,10% dei diritti di voto.
Nyxoah SA (Euronext Bruselas/Nasdaq: NYXH) recibió una notificación de transparencia de BlackRock, Inc. el 16 de enero de 2025. La notificación revela que BlackRock y sus empresas controladas ahora poseen 1.105.907 derechos de voto en Nyxoah, que comprenden 1.065.035 acciones y 40.872 instrumentos financieros equivalentes. Esto representa el 2,95% del total de derechos de voto (37.427.265) a fecha del 14 de enero de 2025.
El cambio resultó en que BlackRock cruzara hacia abajo la línea del 3% de umbral. Los derechos de voto están distribuidos entre varias entidades de BlackRock, siendo BlackRock Advisors quien retiene la mayor parte con un 2,76%. Los instrumentos financieros equivalentes incluyen valores prestados y diferencias de contrato, representando el 0,10% de los derechos de voto.
Nyxoah SA (Euronext 브뤼셀/Nasdaq: NYXH)는 2025년 1월 16일 BlackRock, Inc.로부터 투명성 통지를 받았습니다. 이 통지는 BlackRock과 그 자회사들이 Nyxoah에서 1,105,907개의 의결권을 보유하고 있으며, 이는 1,065,035주의 주식과 40,872개의 동등한 금융 상품으로 구성된다는 것을 보여줍니다. 이는 2025년 1월 14일 기준으로 총 의결권의 2.95% (37,427,265)에 해당합니다.
이 변경으로 인해 BlackRock은 3% 임계값 아래로 떨어졌습니다. 의결권은 여러 BlackRock 엔티티에 분산되어 있으며, BlackRock Advisors가 2.76%로 가장 큰 비율을 차지하고 있습니다. 동등한 금융 상품에는 대출된 증권과 계약 차이가 포함되어 있으며, 이는 의결권의 0.10%를 차지합니다.
Nyxoah SA (Euronext Bruxelles/Nasdaq: NYXH) a reçu une notification de transparence de BlackRock, Inc. le 16 janvier 2025. La notification révèle que BlackRock et ses entités contrôlées détiennent désormais 1.105.907 droits de vote dans Nyxoah, comprenant 1.065.035 actions et 40.872 instruments financiers équivalents. Cela représente 2,95% des droits de vote totaux (37.427.265) au 14 janvier 2025.
Ce changement a entraîné une chute de BlackRock en dessous du seuil de 3%. Les droits de vote sont répartis entre diverses entités de BlackRock, BlackRock Advisors détenant la plus grande part avec 2,76%. Les instruments financiers équivalents incluent des titres prêtés et des différences de contrat, représentant 0,10% des droits de vote.
Nyxoah SA (Euronext Brüssel/Nasdaq: NYXH) erhielt am 16. Januar 2025 eine Transparenzmitteilung von BlackRock, Inc.. Die Mitteilung zeigt, dass BlackRock und deren kontrollierte Unternehmen nun 1.105.907 Stimmrechte in Nyxoah halten, die sich aus 1.065.035 Aktien und 40.872 entsprechenden Finanzinstrumenten zusammensetzen. Dies entspricht 2,95% der gesamten Stimmrechte (37.427.265) zum 14. Januar 2025.
Die Änderung führte dazu, dass BlackRock die 3%-Schwelle unterschritt. Die Stimmrechte sind auf verschiedene BlackRock-Einheiten verteilt, wobei BlackRock Advisors den größten Anteil von 2,76% hält. Die entsprechenden Finanzinstrumente umfassen ausgeliehene Wertpapiere und Vertragsdifferenzen, die 0,10% der Stimmrechte ausmachen.
- None.
- None.
Insights
BlackRock's reduction of its stake in Nyxoah below the 3% threshold represents a notable shift in institutional ownership. The detailed breakdown shows BlackRock and its subsidiaries now hold 2.95% of total voting rights, comprising 1,065,035 shares and 40,872 equivalent financial instruments. The majority of these holdings (2.76%) are controlled through BlackRock Advisors,
The crossing below the 3% threshold could signal a strategic portfolio reallocation by one of the world's largest asset managers. For a small-cap company like Nyxoah with a market cap of
From a market microstructure perspective, this reduction might lead to increased volatility as it potentially reduces the stable institutional ownership base. Small-cap medical device companies often experience such ownership fluctuations, which can affect trading liquidity and price stability.
REGULATED INFORMATION
Publication relating to transparency notifications
Mont-Saint-Guibert (Belgium), January 20, 2025, 10:30 pm CET / 4:30 pm ET – In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received a transparency notification as detailed below.
BlackRock, Inc.
On January 16, 2025, Nyxoah received a transparency notification from BlackRock, Inc. and related persons. Based on the notification, BlackRock, Inc. (together with its controlled undertakings) holds 1,105,907 voting rights, consisting of 1,065,035 shares and 40,872 equivalent financial instruments, representing
The notification dated January 15, 2025 contains the following information:
- Reason for the notification:
- Acquisition or disposal of voting securities or voting rights
- Downward crossing of the lowest threshold
- Notification by: a parent undertaking or a controlling person
- Persons subject to the notification requirement:
- BlackRock, Inc. (with address at 50 Hudson Yards, New York, NY, 10001, U.S.A.)
- BlackRock Advisors, LLC (with address at 50 Hudson Yards, New York, NY, 10001, U.S.A.)
- BlackRock Financial Management, Inc. (with address at 50 Hudson Yards, New York, NY, 10001, U.S.A.)
- BlackRock Fund Advisors (with address at 400 Howard Street, San Francisco, CA, 94105, U.S.A.)
- BlackRock Institutional Trust Company, National Association (with address at 400 Howard Street, San Francisco, CA, 94105, U.S.A.)
- BlackRock Investment Management (UK) Limited (with address at 12 Throgmorton Avenue, London, EC2N 2DL, U.K.)
- BlackRock Investment Management, LLC (with address at 1 University Square Drive, Princeton, NJ, 8540, U.S.A.)
- Date on which the threshold was crossed: January 14, 2025
- Threshold that is crossed:
3% - Denominator: 37,427,265
- Notified details:
| A) Voting rights | Previous notification | After the transaction | |||
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to securities | Not linked to the securities | Linked to securities | Not linked to the securities | |
| BlackRock, Inc. | 0 | 0 | |||
| BlackRock Advisors, LLC | 1,089,161 | 1,031,849 | |||
| BlackRock Financial Management, Inc. | 6,167 | 6,167 | |||
| BlackRock Fund Advisors | 255 | 255 | |||
| BlackRock Institutional Trust Company, National Association | 2,551 | 2,551 | |||
| BlackRock Investment Management (UK) Limited | 1,080 | 1,080 | |||
| BlackRock Investment Management, LLC | 23,444 | 23,133 | |||
| Subtotal | 1,122,658 | 1,065,035 | |||
| TOTAL | 1,065,035 | ||||
| B) Equivalent financial instruments | After the transaction | |||||
| Holders of equivalent financial instruments | Type of financial instrument | Expiration date | Exercise period or date | # of voting rights that may be acquired if the instrument is exercised | % of voting rights | Settlement |
| BlackRock Advisors, LLC | Securities Lent | 38,900 | physical | |||
| BlackRock Fund Advisors | Securities Lent | 200 | physical | |||
| BlackRock Financial Management, Inc. | Contract Difference | 1,772 | cash | |||
| TOTAL | 40,872 | |||||
| TOTAL (A & B) | # of voting rights | % of voting rights | ||||
| 1,105,907 | ||||||
- Full chain of controlled undertakings through which the holding is effectively held:
BlackRock, Inc.
BlackRock Finance, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Finance Europe Limited
BlackRock Investment Management (UK) Limited
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Institutional Trust Company, National Association
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Capital Holdings, Inc.
BlackRock Advisors, LLC
- Additional information: The disclosure obligation arose due to total holdings in voting rights for BlackRock, Inc. going below
3% .
*
* *
Contact:
Nyxoah
John Landry, CFO
IR@nyxoah.com
Attachment
FAQ
What percentage of Nyxoah (NYXH) does BlackRock own as of January 14, 2025?
How many voting rights does BlackRock hold in Nyxoah (NYXH)?
Which BlackRock entity holds the largest portion of Nyxoah (NYXH) shares?
What triggered the transparency notification for Nyxoah (NYXH)?
