GHENT, Belgium, 6 September 2016 - Ablynx [Euronext Brussels: ABLX; OTC: ABYLY] 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 GAM Holding AG, GAM International Management Limited and Taube Hodson Stonex Partners LLP.
GAM International Management Limited notified Ablynx that they have crossed the 3% threshold on 31 August 2016 following the acquisition of Taube Hodson Stonex (THS) Partners by GAM and now hold 2,408,585 Ablynx shares, representing 3.95% of the current 60,910,744 outstanding Ablynx shares. As a result of the transfer of the investment business of THS Partners to GAM International Limited, THS Partners no longer hold any Ablynx shares (from 2,410,681 held previously), and thus have dropped below the lowest threshold.
Following the acquisition of Taube Hodson Stonex (THS) Partners by GAM on 31 August 2016, GAM International Management Limited has been appointed as investment advisor to all THS funds, replacing Taube Hodson Stonex Partners LLP. On 27 July 2015, THS disclosed a shareholding in Ablynx of 2,410,681 shares which represented 4.42% of the 54,487,457 outstanding Ablynx shares at that time.
Full versions of all transparency notifications are available on Ablynx website, under the section Investors.
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, Genzyme, Merck & Co., Inc., Merck KGaA, Novartis, Novo Nordisk and Taisho Pharmaceuticals. The Company is headquartered in Ghent, Belgium. More information can be found on www.ablynx.com.
For more information, please contact
Dr Edwin Moses
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Director IR & Corporate Communications
t: +32 (0)9 262 00 82
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Ablynx media/analyst relations
Julia Phillips, Brett Pollard, Mo Noonan, Matthew Moss
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Last updated on: 06/09/2016
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