Novacyt
S.A.
("Novacyt", the "Company" or
the "Group")
Liquidity Agreement Monthly
Update and Total Voting Rights
Paris, France, Eastleigh and Manchester, UK - 3 June 2024
- Novacyt (EURONEXT GROWTH:
ALNOV; AIM: NCYT), an international specialist in clinical
diagnostics, announces its monthly update in relation to ordinary
shares traded under its ongoing liquidity agreement with Invest
Securities SA (the "Liquidity Agreement"). The Liquidity Agreement
is governed by French law and is further summarised
below.
During the period from 1 May to 31
May 2024, Invest Securities purchased 55,522 ordinary shares at a
maximum price of €0.85 and a minimum price of €0.67 and sold 42,222
ordinary shares at a maximum price of €0.86 and a minimum price of
€0.68 under the Liquidity Agreement. The total number of ordinary
shares in the Company, which are held in treasury as at close of
business on 31 May 2024, is 61,612.
Total Voting Rights
The total number of ordinary shares
in the Company is 70,626,248. This figure may be used by
shareholders as the denominator for calculations by which they will
determine if they are required to notify their interest in, or a
change to their interest in, the Company pursuant to Article L.
223-7 of the French Commercial Code and the Company's Articles. The
Company is not subject to the disclosure guidance and transparency
rules made by the Financial Conduct Authority under Part VI of
FSMA.
Contacts
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Novacyt SA
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https://novacyt.com/investors
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Lyn Rees, Chief Executive
Officer
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Via Walbrook
PR
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Steve Gibson, Chief Financial
Officer
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SP
Angel Corporate Finance LLP (Nominated Adviser and
Broker)
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+44 (0)20
3470 0470
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Matthew Johnson / Charlie Bouverat
(Corporate Finance)
Vadim Alexandre / Rob Rees
(Corporate Broking)
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Deutsche Numis (Joint
Broker)
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+44 (0)20
7260 1000
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Freddie Barnfield / Duncan Monteith
/ Michael Palser
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Allegra Finance (French Listing Sponsor)
Rémi Durgetto / Yannick
Petit
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+33 (1) 42 22 10 10
r.durgetto@allegrafinance.com
/
y.petit@allegrafinance.com
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Walbrook PR
(Financial PR & IR)
Stephanie Cuthbert / Paul McManus
/
Phillip Marriage / Alice
Woodings
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+44 (0)20
7933 8780 or novacyt@walbrookpr.com
+44
(0)7796 794 663 / +44 (0)7980 541 893
+44
(0)7867 984 082 / +44 (0)7407 804 654
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About Novacyt Group (www.novacyt.com)
Novacyt is an international
molecular diagnostics company providing a broad portfolio of
integrated technologies and services, primarily focused on the
delivery of genomic medicine. The
Company develops, manufactures, and
commercialises a range of molecular assays
and instrumentation to deliver workflows and services that enable
seamless end-to-end solutions from sample to result across multiple
sectors including human health, animal health and environmental.
The Company is divided into three
business segments:
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Clinical
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Broad portfolio of human clinical
in vitro diagnostic
products, workflows and services focused on three therapeutic
areas:
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Reproductive Health: NIPT, Cystic Fibrosis and
other rapid aneuploidy tests
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Precision Medicine: DPYD genotyping
assay
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Infectious Diseases: Winterplex, multiplex winter
respiratory PCR panel
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Instrumentation
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Portfolio of next generation size
selection DNA sample preparation platforms and rapid
PCR machines, including:
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Ranger® Technology: automated DNA sample
preparation and target enrichment technology
·
MyGo: real-time quantitative PCR (qPCR)
instruments
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Research Use Only
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Range of services for the life
sciences industry:
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Design, manufacture, and supply of
high-performance qPCR assays and workflows for use in human health,
agriculture, veterinary and environmental, to support global health
organisations and the research industry
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Pharmaceutical research services: whole genome
sequencing (WGS) / whole exome sequencing (WES)
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Novacyt is headquartered in
Vélizy-Villacoublay in France with offices in the UK (in Stokesley,
Eastleigh and Manchester), Taipei, Singapore, the US and Canada and
has a commercial presence in over 65 countries. The Company is
listed on the London Stock Exchange's AIM market ("NCYT") and on
the Paris Stock Exchange Euronext Growth ("ALNOV").
For more information, please refer
to the website: www.novacyt.com
Further information on the Liquidity
Agreement
On 12 September 2016, the Company
and Invest Securities entered into the Liquidity Agreement pursuant
to which Invest Securities provides liquidity services in relation
to the ordinary shares to the Company. Invest Securities may
purchase ordinary shares on behalf of the Company under the
agreement, subject to approval from Shareholders as to the price at
which ordinary shares can be brought back and the aggregate amount
that the Company may provide to Invest Securities to purchase such
ordinary shares.
Shareholder approval was granted at
the Shareholders' meeting held on 20 July 2022 for the purchase of
ordinary shares by Invest Securities under the agreement at a
maximum purchase price per ordinary shares of €12.00 for an
aggregate maximum purchase price of €200,000 and for 18 months from
the date of the approval. Under the agreement, Invest Securities
must act completely independently of the Company and the Company
must not communicate with the employees of Invest Securities who
are responsible for performing the agreement. Invest Securities is
paid €10,000 per annum for its services under the liquidity
agreement. The agreement has an initial term of two years, with a
rolling extension of one year thereafter. The agreement can be
terminated by either party at the end of each such period subject
to two months' prior notice. The Liquidity Agreement is governed by
French law. Ordinary shares purchased by Invest Securities are
either cancelled or held as treasury shares (which are non-voting
and do not rank for dividends).