Fagron N.V.

Major Shareholding Notification • Jul 20, 2015

FORM TR-1 BE PART I
1) Status of the notification
	Final
2) Issuer
	Name FAGRON
Identification number 0890-535-026
3) Reason for the notification
	Acquisition or disposal of voting securities or voting rights
4) Notification by
	A parent undertaking or a controlling person
5) Persons subject to the notification requirement
	Name (& legal form for legal persons)		Address (for legal persons).
	Danske Bank A/S		Holmens Kanal 2 - 12, DK-1092 København K
	6) Persons that dispose of, voting rights (Only to be filled in if art. 7 of the Law applies)
	Name (& legal form for legal persons)		Address (for legal persons)
	Please continue entering the information in part II concerning the	persons referred to in points 5 and 6	Click
7) Date on which the threshold is crossed
	14-07-2015	(DD/MM/YYYY)
8) Threshold that is crossed (in %)
	$\lvert 3 \rvert$
	If the holding has fallen below the lowest threshold, you have the option of not entering any numbers under point 10
9) Denominator
	31.667.794
	Please enter the denominator before filling in the data
10) Notified details
A) Voting rights	Previous notification		After the transaction
	# of voting rights		# of voting rights		% of voting rights Not linked to the
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	securities

Danske Bank A/S

subtotal

Danske Invest Fund Management Ltd

Danske Invest Management Company
SA

TOTAL

2,35% 742.987 12.135 $0,04%$ 229.553 0,72% $3,11%$ 984.675 984.675 $\mathbf 0$ 3,11% $0,00\%$

Start with "groups" of holders. Calculate subtotals and then finish with the persons
The totals, subtotals and % will be updated once you have clicked on
CALCULATE>

B) Equivalent financial instruments After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights
	TOTAL		(in relation to all expiration dates)		0,00%

$\blacklozenge$

The totals will be updated once you have clicked on

TOTAL (Voting rights & Equivalent financial instruments)			% of voting rights
	CALCULATE	984.675	3,11%

11) Chain of controlled undertakings through which the holding is effectively held, if applicable

Please describe, or join a diagram in attachment

Danske Invest Fund Management Ltd and Danske Invest Management Company SA are fund management companies, ultimately controlled by
Danske Bank A/S. Danske Bank A/S is not a controlled entity. Danske Invest Fund Management Ltd (Hiililaiturinkuja 2, P.O. Box 1553, FIN-00180 Helsinki, Finland) is a subsidiary 100% owned by
Danske Bank plc (Hiililaiturinkuja 2, P.O. Box 1568, 00075 Danske Bank, Finland), Danske Ban

Danske Invest Management Company (Société Anonyme) (13, rue Edward Steichen, L-2540 Luxembourg) is a subsidiary 100% owned by
Danske Bank International S.A. (13, rue Edward Steichen, L-2540 Luxembourg), Danske Bank Interna

12) In case of proxy voting for only one GM

will cease to hold / Holder voting rights as of will hold again a da sentido de composição de contrato de contrato de contrato de contrato de contrato de contrato de contrato
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------	--	--	--

13) Additional information

	A) Convertible bonds and rights to subscribe to voting securities not yet issued
Holder	Type of financial instrument	Expiration date (DD/MM/YYYY)	Exercise/Conversion period or date	Number	# of voting rights that may be acquired if the instrument is exercised/converted

B) Shares without voting rights
Holder	Number

C) Remarks
	Danske Bank A/S holds directly 1.814 Fagron shares and manages 3 funds : Investeringsforeningen Danske Invest (574,645 shares), Mercer QIF Fund PLC (63.221 shares), and Stichting Pensioenfonds Hoogovens (103.307 shares) and is, in such capacity, authorised to exercise in its sole and absolute discretion the voting rights attached to the Fagron shares held by each fund. Danske Invest Fund Management Ltd is the fund manager of 'Danske Invest Finland' and Danske Invest Management Company SA is the fund manager of 'Danske Invest FCP Luxembourg' : these 2 companies are, in such capacity, authorised to exercise in their sole and absolute discretion the voting rights attached to the Fagron shares held by each fund.
Done at	København, Denmark
On	17-07-2015 (DD/MM/YYYY)
Name & capacity	Signature Peter Alberg

$\overline{z}$