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PUBLICATION IN ACCORDANCE WITH ARTICLE 14 OF THE BELGIAN LAW OF 2 MAY 2007 REGARDING THE PUBLICATION OF MAJOR SHAREHOLDINGS (THE "TRANSPARENCY LAW")REGULATED INFORMATION GHENT, Belgium, 20 March 2018 - Ablynx [Euronext Brussels and Nasdaq: ABLX] today announced, in accordance with Article 14 of the Belgian Law of 2 May 2007 regarding the publication of major shareholdings in issuers whose securities are admitted to trading on a regulated market (the "Transparency Law"), that it received a notification of shareholdings from Baker Bros. Advisors LP on 15 March 2018. Baker Bros. Advisors LP notified Ablynx that as a result of a disposal of voting securities, it has downward crossed the 5% threshold on 14 March 2018 and now holds 2,928,325 voting securities of Ablynx, representing 3.89% of the current 75,253,667 outstanding voting rights of Ablynx (versus 5.35% notified previously on 31 October 2017). The notification contains the following information:
The Articles of the Association of Ablynx NV provide for shareholders notification threshold of 3%, 5% or a multiple of 5% of the total number of existing voting rights. About Ablynx Ablynx is a biopharmaceutical company engaged in the development of Nanobodies, proprietary therapeutic proteins based on single-domain antibody fragments, which combine the advantages of conventional antibody drugs with some of the features of small-molecule drugs. Ablynx is dedicated to creating new medicines which will make a real difference to society. Today, the Company has more than 45 proprietary and partnered programmes in development in various therapeutic areas including inflammation, haematology, immuno-oncology, oncology and respiratory disease. The Company has collaborations with multiple pharmaceutical companies including AbbVie; Boehringer Ingelheim; Eddingpharm; Merck & Co., Inc., Kenilworth, New Jersey, USA; Merck KGaA; Novo Nordisk; Sanofi and Taisho Pharmaceuticals. The Company is headquartered in Ghent, Belgium. More information can be found on www.ablynx.com. For more information, please contact Lies Vanneste Follow us on Twitter @AblynxABLX Ablynx media relations: Joele Frank, Wilkinson Brimmer Katcher Attachment: //www.globenewswire.com/NewsRoom/AttachmentNg/d4b4921b-65cb-486e-a645-ce7dd9ac0798 |