TiGenix: Transparency notification pursuant to Article 14 of the Law of May 2, 2007
June 22 2018 - 4:00PM
REGULATED INFORMATION
PRESS RELEASE
Transparency
notification
pursuant to Article 14 of the Law of May 2, 2007
Leuven (Belgium)
- June 22, 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 19, 2018, TiGenix received
a transparency notification from Philippe ODDO, following the
disposal of voting securities or voting rights on June 7, 2018,
after which Philippe ODDO (through its controlled entities ODDO BHF
ASSET MANAGEMENT SAS, ODD BHF SCA and Financière IDAT SAS) downward
crossed the lowest threshold (3%) of total voting rights of
TiGenix.
Content of the
notification
Date of the
notification: June 8, 2018.
Reason of the
notification: acquisition or disposal of voting securities or
voting rights / downward crossing of the lowest threshold.
Person subject to
the notification requirement: Philippe ODDO (with address at 12
Bld de la Madeleine 75 009 Paris, France), who is a parent
undertaking/controlling person.
Date on which the
threshold was crossed: June 7, 2018.
Threshold that
was crossed: 3%.
Denominator:
296,067,856.
Details of the
notification: no details are required when crossing the lowest
threshold.
Chain of
controlled undertakings through which the holding is effectively
held: ODDO BHF ASSET MANAGEMENT SAS is 100% held by ODDO BHF
SCA but is independent and the notification relates to positions
held by funds managed by them. Philippe ODDO has the control via
Financière IDAT SAS (full ownership of 50.0004% and usufruct of
49.9996%), which holds directly and indirectly 56.04% of ODDO BHF
SCA, which holds 100% of ODDO BHF ASSET MANAGEMENT SAS.
Additional
information: ODDO et CIE changed its corporate name to ODDO BHF
SCA and ODDO MERITEN ASSET MANAGEMENT SAS changed its corporate
name to ODDO BHF ASSET MANAGEMENT SAS.
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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