COX Nicox SA

Nicox: Implementation of a liquidity contract with Kepler Cheuvreux

Nicox: Implementation of a liquidity contract with Kepler Cheuvreux

Press Release
Nicox: Implementation of a liquidity contract with Kepler Cheuvreux
 



August 5, 2020 – release at 7:30 am CET

Sophia Antipolis, France



Nicox SA (Euronext Paris: FR0013018124, COX), an international ophthalmology company, announced today that it will implement a liquidity contract with Kepler Cheuvreux, effective as of August 5, 2020, with respect to Nicox shares listed on Euronext Paris.



The implementation of this liquidity contract, pursuant to the authorization granted by the fifth resolution of the ordinary shareholder meeting of June 16, 2020, will be carried out in accordance with the legal provisions in force and, more specifically, with the provisions of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014 on market abuse (MAR); the delegated Commission Regulation (EU) 2016/908 of February 26, 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regulatory technical standards concerning the criteria, procedure and requirements for establishing an accepted market practice and the requirements for maintaining, withdrawing or amending the conditions for admission; and Articles L. 225-209 et seq. of the French Commercial Code, and the AMF decision no. 2018-01 of July 2, 2018, applicable as of January 1, 2019.



The following resources have been allocated to the liquidity account:



  • the sum of 500,000 Euros (which may be increased up to 1,000,000 Euros)
The execution of the liquidity contract may be suspended under the conditions described in Article 5 of AMF decision no. 2018-01 of July 2, 2018.



The execution of the liquidity contract may also be suspended in the following circumstances:



  • by Nicox, in the event that Kepler Cheuvreux has not made reasonable efforts to meet its obligations with respect to the liquidity of transactions and the regularity of quotations
  • by Kepler Cheuvreux, when the information provided by the client makes it impossible for Kepler Cheuvreux to meet its obligations
  • by Kepler Cheuvreux, when the sums due to Kepler Cheuvreux under the liquidity contract have not been paid on the payment date as stated in the invoice provided by Kepler Cheuvreux, and
The liquidity contract may be terminated subject to the following conditions:



  • at any time by Nicox, subject to two (2) business days' notice
  • at any time by Kepler Cheuvreux subject to thirty (30) calendar days' notice
  • without notice and without formality if the shares are transferred to another stock market
 
About Nicox
Nicox S.A. is an ophthalmology company developing innovative solutions to help maintain vision and improve ocular health.  Nicox’s lead program in clinical development is NCX 470, a novel, second-generation nitric oxide-donating bimatoprost analog, for lowering intraocular pressure in patients with glaucoma.  The company is also developing NCX 4251, a proprietary formulation of fluticasone, for acute exacerbations of blepharitis.  Nicox generates revenue from VYZULTA® in glaucoma, licensed exclusively worldwide to Bausch & Lomb, and ZERVIATE™ in allergic conjunctivitis, licensed in multiple geographies, including to Eyevance Pharmaceuticals, LLC, in the U.S. and Ocumension Therapeutics in the Chinese and Southeast Asian markets. 



Nicox is headquartered in Sophia Antipolis, France, is listed on Euronext Paris (Compartment B: Mid Caps; Ticker symbol: COX) and is part of the CAC Healthcare, CAC Pharma & Bio and Next 150 indexes.



For more information on Nicox, its products or pipeline, please visit: .
Analyst coverage
 



Bryan, Garnier & Co    Victor Floc’h  Paris, France

Cantor Fitzgerald    Louise Chen  New York, U.S.

H.C. Wainwright & Co    Yi Chen  New York, U.S.

Oppenheimer & Co    Hartaj Singh  New York, U.S.
The views expressed by analysts in their coverage of Nicox are those of the author and do not reflect the views of Nicox. Additionally, the information contained in their reports may not be correct or current.  Nicox disavows any obligation to correct or to update the information contained in analyst reports.
Contacts
Nicox

Gavin Spencer

Executive Vice President, Chief Business Officer

& Head of Corporate Development 

T +33 (0)4 97 24 53 00

Investors & Media

United States & Europe

LifeSci Advisors, LLC

Hans Herklots

T 9 

Media

France

LifeSci Advisors, LLC

Sophie Baumont

M +33 (0)6 27 74 74 49

Forward-Looking Statements
The information contained in this document may be modified without prior notice.  This information includes forward-looking statements. Such forward-looking statements are not guarantees of future performance.  These statements are based on current expectations or beliefs of the management of Nicox S.A. and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.  Nicox S.A. and its affiliates, directors, officers, employees, advisers or agents, do not undertake, nor do they have any obligation, to provide updates or to revise any forward-looking statements.



Risks factors which are likely to have a material effect on Nicox’s business are presented in the 3rd chapter of the ‘Document d’enregistrement universel, rapport financier annuel et rapport de gestion 2019’ filed with the French Autorité des Marchés Financiers (AMF) on March 6, 2020 which are available on Nicox’s website ().
Nicox S.A.

Drakkar 2

Bât D, 2405 route des Dolines

CS 10313, Sophia Antipolis

06560 Valbonne, France

T +33 (0)4 97 24 53 00

F +33 (0)4 97 24 53 99

Attachment

EN
05/08/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Nicox SA

 PRESS RELEASE

Nicox Announces Results of the Exploratory Whistler Phase 3b Glaucoma ...

Nicox Announces Results of the Exploratory Whistler Phase 3b Glaucoma Trial Press Release Nicox Announces Results of the Exploratory Whistler Phase 3b Glaucoma Trial  Several aqueous humor parameters stimulated by nitric oxide were statistically significant or trended in favor of NCX 470; likewise those that respond to prostaglandin analogsEpiscleral venous pressure changes did not show a trend vs. placeboSafety profile is consistent with that of the first Phase 3 trial, Mont BlancNCX 470 intraocular pressure lowering efficacy and safety have already been demonstrated in the Phase 3 glauco...

 PRESS RELEASE

Nicox annonce les résultats de l’étude exploratoire de phase 3b Whistl...

Nicox annonce les résultats de l’étude exploratoire de phase 3b Whistler dans le glaucome Communiqué de presseNicox annonce les résultats de l’étude exploratoire de phase 3b Whistler dans le glaucome Plusieurs paramètres de l’humeur aqueuse stimulés par l’oxyde nitrique ont été statistiquement significatifs ou ont montré une tendance favorable au NCX 470 ; tout comme ceux stimulés par les analogues des prostaglandines.Les variations de la pression veineuse épisclérale n’ont pas montré de tendance notable par rapport au placeboProfil de tolérance conforme à celui observé dans la première ét...

 PRESS RELEASE

Nicox Provides Full Year 2024 Financial Results

Nicox Provides Full Year 2024 Financial Results Press Release Nicox Provides Full Year 2024 Financial Results Nicox SA revenue of €7.9 million for full year 2024 Exceptional income of €13.7 million following the transfer of VYZULTA’s future revenue stream to Soleus CapitalNicox SA cash of €10.5 million on 31 December 2024 and the Company estimates it is currently financed into the fourth quarter of 2025 Topline results from NCX 470 second Phase 3 clinical trial, Denali, expected in the third quarter of 2025Ongoing discussions and business development outreach underway for NCX 470 U.S. part...

 PRESS RELEASE

Nicox : Résultats financiers de l’année 2024

Nicox : Résultats financiers de l’année 2024 Communiqué de presseNicox : Résultats financiers de l’année 2024   Chiffre d’affaires de Nicox SA de 7,9 millions d’euros pour l’année 2024 Produits exceptionnels de 13,7 millions d’euros suite à la cession du flux futur de redevances de VYZULTA au fond Soleus CapitalTrésorerie de Nicox SA au 31 décembre 2024 de 10,5 millions d’euros et horizon de trésorerie estimé au quatrième trimestre 2025 Premiers résultats de la deuxième étude clinique de phase 3 Denali évaluant le NCX 470 attendus au troisième trimestre 2025Discussions et démarches de déve...

 PRESS RELEASE

Nicox Announces Last Patient Completes Final Visit in NCX 470 Phase 3b...

Nicox Announces Last Patient Completes Final Visit in NCX 470 Phase 3b Whistler Glaucoma Trial Press Release Nicox Announces Last Patient Completes Final Visit in NCX 470 Phase 3b Whistler Glaucoma Trial  Results expected in May 2025 Last patient in the U.S. in the ongoing NCX 470 Denali Phase 3 trial has also completed their last visit and results remain on track for Q3 2025 March 19, 2025 – release at 7:30 am CETSophia Antipolis, FranceNicox SA (Euronext Growth Paris: FR0013018124, ALCOX), an international ophthalmology company, today announced that the last patient completed their fin...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch