Transparency notification pursuant to Article 14 of the Law of May 2, 2007
June 14 2018 - 4:00PM
REGULATED INFORMATION
PRESS RELEASE
Transparency
notification
pursuant to Article 14 of the Law of May 2, 2007
Leuven (Belgium)
- June 14, 2018, 22:00h CET - TiGenix NV (Euronext Brussels and
Nasdaq: TIG; "TiGenix") announced today that it received 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.
Summary of the
notification
On June 11, 2018, TiGenix received
a transparency notification from Melqart Asset Management LP (c/o
Melqart Asset Management (UK) Ltd), following the disposal of
financial instruments that are treated as voting securities on June
8, 2018, after which Melqart Asset Management LP (through its
controlled entity Melqart Asset Management (UK) Ltd) downward
crossed the lowest threshold (3%) of total voting rights of
TiGenix.
Content of the
notification of Melqart Asset Management LP
Date of the
notification: June 11, 2018.
Reason of the
notification: acquisition or disposal of financial instruments
that are treated as voting securities/downward crossing of the
lowest threshold.
Person subject to
the notification requirement: Melqart Asset Management LP c/o
Melqart Asset Management (UK) Ltd (with address at PO Box 309,
Ugland House, Grand Cayman, KY1-1104), who is a parent
undertaking/controlling person.
Date on which the
threshold was crossed: June 8, 2018.
Threshold that
was crossed: 3%.
Denominator:
296,067,856.
Details of the
notification: following the disposal of financial instruments
that are treated as voting securities, the number of voting rights
was as follows:
and the number of equivalent financial instruments
was as follows:
Chain of
controlled undertakings through which the holding is effectively
held: Melqart Asset Management LP controls Melqart Asset
Management (UK) Ltd.
Additional
information: Melqart Asset Management (UK) Ltd is the
investment manager of Melqart Opportunities Master Fund Ltd.
Melqart Asset Management (UK) Ltd is a management company that can
exercise the voting rights at its own discretion without specific
instructions.
This press release and the above-mentioned
transparency notification can be consulted on our website:
For more
information:
TiGenix
Claudia Jiménez
Senior Director Investor Relations and Communications
Tel: +34918049264
Claudia.jimenez@tigenix.com
About TiGenix
TiGenix NV
(Euronext Brussels and NASDAQ: TIG) is an advanced
biopharmaceutical company developing novel therapies for serious
medical conditions by exploiting the anti-inflammatory properties
of allogeneic, or donor-derived, stem cells.
TiGenix lead
product, Alofisel (darvadstrocel), previously Cx601, received
European Commission (EC) approval for the treatment of complex
perianal fistulas in adult patients with non-active/mildly active
luminal Crohn's disease, when fistulas have shown an inadequate
response to at least one conventional or biologic therapy. A global
Phase III trial intended to support a future U.S. Biologic License
Application (BLA) started in 2017. TiGenix has entered into a
licensing agreement with Takeda, a global pharmaceutical company
active in gastroenterology, under which Takeda acquired the
exclusive right to develop and commercialize Alofisel for complex
perianal fistulas outside the U.S. TiGenix' second adipose-derived
product, Cx611, is undergoing a Phase I/II trial in severe sepsis -
a major cause of mortality in the developed world. TiGenix is
headquartered in Leuven (Belgium) and has operations in Madrid
(Spain) and Cambridge, MA (USA). For more information, please visit
http://www.tigenix.com.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: TiGenix via Globenewswire
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