Leuven (Belgium) - December 28, 2015, 20:00h CET - TiGenix NV (Euronext Brussels: TIG) publishes today a transparency notification pursuant to Article 14 of the Belgian Law of May 2, 2007 regarding the publication of major holdings in issuers whose securities are admitted to trading on a regulated market and including various provisions.
1. Summary of the notification
It concerns a notification dated December 21, 2015 by Genetrix S.L., following the transfer of shares and the downward crossing below the 3% threshold on December 18, 2015, after which the participation of Genetrix S.L. has dropped to 0 shares/voting rights (0%).
2. Content of the notification
Date of the notification: December 21, 2015.
Reason of the notification: transfer of shares and downward crossing of the lowest threshold.
Person subject to the notification requirement: Genetrix S.L., Calle Velázquez nº 24, 4º derecha, 28001 Madrid, Spain, who notifies alone.
Date on which the threshold was crossed: December 18, 2015.
Threshold that was crossed: Genetrix S.L. crossed below the 3% threshold, the lowest threshold provided by TiGenix’ articles of association.
Denominator: 177,304,587.
Details of the notification: prior to the transfer of shares, Genetrix S.L. held 7,712,757 shares/voting rights; following the transfer of shares, Genetrix S.L. held 0 shares/voting rights (0%).
Chain of controlled undertakings through which the holdings are effectively held: Genetrix S.L. is not controlled.
Additional information: Genetrix S.L. transferred its TiGenix shares to its shareholders by way of distribution in kind (“uitkering in natura”). The Genetrix S.L. shareholders who received TiGenix shares agreed to be bound by the remainder of the lock-up provisions that applied to Genetrix SL pursuant to the Contribution Agreement entered into between TiGenix NV and Genetrix SL on 29 July 2015.
