Ontex: Transparency Declaration Notification

Rhea-AI Summary

Ontex Group NV has disclosed a significant shareholding notification as required by Belgian law. CIAM has reported holding 2,463,474 voting securities, equivalent to 2.99% of Ontex's total voting rights, having crossed below the 3% threshold on November 10, 2021. The notification was declared on February 21, 2022, and indicates CIAM can exercise voting rights as necessary. The total share count on the notification date was 82,347,218 shares. Ontex is a global provider of personal hygiene solutions, employing around 10,000 people across 21 countries.

Positive

• CIAM's acquisition indicates confidence in Ontex's future despite crossing below 3% voting threshold.
• Ontex operates in over 110 countries, showing strong global distribution of products.

Negative

• CIAM's reduction in shareholding could imply a lack of confidence or a strategic shift in investment.
• Crossing below the 3% threshold may indicate weaker influence over company decisions.

AALST-EREMBODEGEM, Belgium--(BUSINESS WIRE)-- Regulatory News:

In accordance with the requirements of Article 14 of the Belgian Law of May 2, 2007 on the disclosure of significant shareholdings in listed companies, Ontex Group NV (BSE:ONTEX) (“Ontex”) discloses the notification of significant shareholdings that it has received on February 23, 2022.

On November 10, 2021, CIAM detained 2,463,474 Ontex voting securities or voting rights, representing 2.99% of voting securities, and thereby crossed downward the threshold of 3%.

Notification details

• Reason for the notification: Acquisition or disposal of voting securities or voting rights.
• Notification by: A person that notifies alone
• Persons subject to the notification requirement:
  • Name: CIAM
  • Address: 26, Boulevard Malesherbes, 75008 Paris
• Date of threshold crossing: November 10, 2021
• Threshold crossed: 3%
• Denominator on the date of notification: 82,347,218 shares
• Full chain of controlled undertakings through which the holding is effectively held: CIAM is a non-controlled management company
• Supplementary information: The company CIAM can exercise the voting rights as it deems necessary in the absence of specific instructions.
• Date of declaration: February 21, 2022
• Details of the notification:

Voting rights	Previous notification	After the transaction
		# voting rights		% voting rights
Holders of voting rights	# voting rights	Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
CIAM	2,614,990	2,463,474		2.99%
Total		2,463,474		2.99%

About Ontex

Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex’s innovative products are distributed in more than 110 countries through leading retailer brands, lifestyle brands and Ontex brands. Employing some 10,000 people all over the world, Ontex has a presence in 21 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid®. To keep up with the latest news, visit ontex.com or follow Ontex on LinkedIn, Facebook, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220227005147/en/

Enquiries

Investors

Geoffroy Raskin

+32 53 33 37 30

investor.relations@ontexglobal.com

Media

Caroline De Wolf

+32 478 93 43 93

corporate.communications@ontexglobal.com

Source: Ontex Group NV

FAQ

What is the significance of CIAM's shareholding in ONXYY?

CIAM's holding of 2.99% signifies a strategic investment in Ontex but crossing below the 3% threshold reduces their influence.

When was the shareholding notification for ONXYY made?

The notification was made on February 21, 2022, regarding CIAM's shareholding as of November 10, 2021.

How many total shares does Ontex Group NV have?

Ontex Group NV has a total of 82,347,218 shares.

What does CIAM's shareholding imply for ONXYY investors?

CIAM's shareholding indicates a level of investment interest, though the reduction may signal concerns or strategic realignment.

What products does Ontex Group NV provide?

Ontex is a leading provider of personal hygiene solutions, including products for baby care, feminine care, and adult care.