Celyad zal zijn gewone algemene vergadering van 2020 op afstand te houden

• Het bedrijf zal zijn buitengewone algemene vergadering verplaatsen van 5 mei 2020 naar 8 juni 2020

MONT-SAINT-GUIBERT, België--(BUSINESS WIRE)--Koersgevoelige Informatie:

Celyad (Euronext Brussel en Parijs, en Nasdaq: CYAD), een biofarmaceutisch bedrijf in de klinische fase, gespecialiseerd in de ontwikkeling van CAR-T celtherapieën, kondigde de beslissing aan om de gewone algemene vergadering van 2020, gepland op 5 mei 2020, vanop afstand te houden en de buitengewone algemene vergadering uit te stellen van 5 mei 2020 tot 8 juni 2020.

Het materiaal voor de gewone en buitengewone algemene vergadering is te vinden in de rubriek "Investors" van de website van de Vennootschap onder "Shareholder Meetings".

1. Gewone algemene vergadering van 5 mei 2020

Gezien de huidige uitzonderlijke omstandigheden in verband met de COVID-19 epidemie en in overeenstemming met het Belgisch Koninklijk Besluit nr. 4 van 9 april 2020, heeft de Raad van Bestuur van Celyad besloten de fysieke aanwezigheid van de aandeelhouders te verbieden en de gewone algemene vergadering van 5 mei 2020 via een elektronisch communicatiemiddel uit te zenden.

De praktische regelingen voor de uitzending van deze gewone algemene vergadering zullen op de website van Celyad worden gecommuniceerd.

Stemmen kunnen alleen worden uitgebracht bij volmacht aan de door de Raad van Bestuur van Celyad aangewezen gevolmachtigde. Wat betreft het recht om vragen te stellen, zijn aandeelhouders bevoegd om hun vragen enkel schriftelijk en voorafgaand aan de vergadering in te dienen.

De overige formaliteiten voor toelating tot en deelname aan de vergadering (toelatingsvoorwaarden, recht om vragen te stellen en raadpleging van beschikbare documenten) blijven ongewijzigd ten opzichte van de informatie in de op 3 april 2020 gepubliceerde convocatie.

2. Buitengewone algemene vergadering van 5 mei 2020

Daarnaast heeft de Raad van Bestuur van Celyad besloten om de buitengewone algemene vergadering die aanvankelijk gepland was op 5 mei 2020 uit te stellen tot 8 juni 2020 om 15.00 uur. De agenda van deze vergadering blijft dezelfde, namelijk :

1. Kennisname van het bijzonder verslag van de Raad van Bestuur opgesteld overeenkomstig artikel 7:199 van het Wetboek van Vennootschappen en Verenigingen.
2. Vernieuwing van het toegestane kapitaal
3. Wijziging van de naam van de Vennootschap
4. Bevoegdheden

Dit besluit tot uitstel is genomen vanwege de uitzonderlijke omstandigheden in verband met de COVID-19-pandemie en meer in het bijzonder vanwege de moeilijkheden die onze aandeelhouders met ADR's (American Depositary Receipt) hebben ondervonden om hun stem uit te brengen als de datum van 5 mei 2020 was gehandhaafd. Ter herinnering, deze vergadering werd bijeengeroepen met een verkorte oproepingstermijn in toepassing van artikel 7:128 §1 van het Wetboek van Vennootschappen en Verenigingen.

Informatie over de modaliteiten voor het houden van deze buitengewone algemene vergadering zal op een later tijdstip worden meegedeeld.

***EINDE***

About Celyad

Celyad is a clinical-stage biopharmaceutical company focused on the development of specialized CAR-T cell-based product candidates and utilizes its expertise in cell engineering to target cancer. Celyad’s CAR-T cell platform has the potential to treat a broad range of solid and hematologic tumors. The company’s lead clinical candidate, CYAD-01, an autologous NKG2D-based CAR-T therapy, is currently being evaluated in several Phase 1 clinical trials to assess safety and clinical activity for the treatment of hematological malignancies, such as acute myeloid leukemia, and solid cancers, such as metastatic colorectal cancer. Celyad is also developing CYAD-101, an investigational, non-gene edited, allogeneic (donor derived) NKG2D-based CAR-T therapy, which is currently being evaluated in a Phase 1 trial for the treatment of patients with metastatic colorectal cancer. Celyad was founded in 2007 and is based in Mont-Saint-Guibert, Belgium, and New York, NY. Celyad’s ordinary shares are listed on the Euronext Brussels and Euronext Paris exchanges, and its American Depository Shares are listed on the Nasdaq Global Market, all under the ticker symbol CYAD. Celyad has received funding from the Walloon Region (Belgium) to support the advancement of its CAR-T cell therapy programs.

Forward-looking statements

This release may contain forward-looking statements, including statements regarding: the safety and clinical activity of CYAD-01, CYAD-101, CYAD-02 and CYAD-211; statements regarding the ongoing and planned clinical development of CYAD-01, CYAD-101 CYAD-02 and CYAD-211, including the timing of trials, enrolment, data readouts and presentations; the clinical and commercial potential of CYAD-01, CYAD-101 CYAD-02 and CYAD-211; the success of the OptimAb manufacturing system; the ongoing and planned clinical and commercial potential and development of Celyad’s shRNA technology; Celyad’s financial condition, results of operation and business outlook. Forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause actual results, financial condition and liquidity, performance or achievements of Celyad, or industry results, to differ materially from those expressed or implied by such forward-looking statements. In particular it should be noted that the data summarized above are preliminary in nature. There is limited data concerning safety and clinical activity following treatment with the CYAD-01, CYAD-101, CYAD-02 and CYAD-211 product candidates. These results may not be repeated or observed in ongoing or future studies involving the CYAD-01, CYAD-101, CYAD-02 and CYAD-211 drug product candidates. These forward-looking statements are further qualified by important factors and risks, which could cause actual results to differ materially from those in the forward-looking statements, including statements about: the initiation, timing, progress and results of our preclinical studies and clinical trials, and our research and development programs; our ability to advance drug product candidates into, and successfully complete, clinical trials; our ability to successfully manufacture drug product for our clinical trials, including with our OptimAb manufacturing process and with respect to manufacturing drug product with the desired number of T cells under our clinical trial protocols; our reliance on the success of our drug product candidates, including our dependence on the regulatory approval of CYAD-01, CYAD-101, CYAD-02 and CYAD-211 in the United States and Europe and subsequent commercial success of CYAD-01, CYAD-101, CYAD-02 and CYAD-211, both of which may never occur; the timing or likelihood of regulatory filings and approvals; our ability to develop sales and marketing capabilities; the commercialization of our drug product candidates, if approved; the pricing and reimbursement of our drug product candidates, if approved; the implementation of our business model, strategic plans for our business, drug product candidates and technology; the scope of protection we are able to establish and maintain for intellectual property rights covering our drug product candidates and technology; our ability to operate our business without infringing, misappropriating or otherwise violating the intellectual property rights and proprietary technology of third parties; cost associated with enforcing or defending intellectual property infringement, misappropriation or violation; product liability; and other claims; regulatory development in the United States, the European Union, and other jurisdictions; estimates of our expenses, future revenues, capital requirements and our needs for additional financing; the potential benefits of strategic collaboration agreements and our ability to maintain and enter into strategic arrangements; our ability to maintain and establish collaborations or obtain additional grant funding; the rate and degree of market acceptance of our drug product candidates, if approved; our financial performance; developments relating to our competitors and our industry, including competing product candidates and statements regarding future revenue, hiring plans, expenses, capital expenditures, capital requirements and share performance and the impact of the novel coronavirus, COVID-19, including potential effects on our business, clinical trials, supply chain and manufacturing capabilities. A further list and description of these risks, uncertainties and other risks can be found in Celyad’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 25, 2020 and subsequent filings and reports by Celyad. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document and Celyad’s actual results may differ materially from those expressed or implied by these forward-looking statements. Celyad 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.