Major Shareholding Notification • Jul 15, 2021
Major Shareholding Notification
Open in ViewerOpens in native device viewer

Press release - regulated information
Ghent, BELGIUM – 15 July 2021, 07:00 CEST – Biotalys (Euronext - BTLS), an AgTech company focused on addressing food protection challenges to enable a more sustainable and safer food supply, announces today, in accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings in issuers whose shares are admitted to trading on a regulated market (the 'Belgian Transparency Act'), that it has received transparency notifications from Ackermans & van Haaren NV, Gimv NV, Adviesbeheer Gimv Venture Capital 2010 NV and Biotech Fonds Vlaanderen NV, Sofinnova Partners S.A.S., ParticipatieMaatschappij Vlaanderen NV, K&E BV, Biovest NV, Madeli participaties B.V. and Agri Investment Fund C.V.B.A.
Ackermans & van Haaren NV has announced that, on 2 July 2021, it held 4,016,281 shares of Biotalys NV, representing 13.38% of the total number of voting rights.
The notification dated 9 July 2021 contains the following information:
| Voting rights | Previous notification | After the transaction | ||||
|---|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | ||||
| Holders of voting rights | Linked to | Not | Linked to | Not | ||
| securities | linked to | securities | linked to | |||
| the | the | |||||
| securities | securities | |||||
| Stichting | 0 | 0 | 0.00% | 0.00% | ||
| Administratiekantoor | ||||||
| "Het Torentje" | ||||||
| Ackermans & van Haaren | 4,016,281 | 0 | 13.38% | 0.00% | ||
| TOTAL | 4,016,281 | 0 | 13.38% | 0.00% |

In accordance with article 11, §1 of the Act of 2 May 2007, stichting administratiekantoor "Het Torentje" acts in its own name and on behalf of the companies set forth under (ii) up to and including (vi).
Gimv NV, Adviesbeheer Gimv Venture Capital 2010 NV and Biotech Fonds Vlaanderen have announced that, on 2 July 2021, combined they held 4,307,393 shares of Biotalys NV, representing 14.35% of the total number of voting rights.
The notification dated 14 July 2021 contains the following information:
| Voting rights | Previous notification | After the transaction | ||||
|---|---|---|---|---|---|---|
| # of voting rights | # of voting rights % of voting rights |
|||||
| Holders of voting rights | Linked to | Not | Linked to | Not | ||
| securities | linked to | securities | linked to | |||
| the | the | |||||
| securities | securities | |||||
| Gimv NV | 1,586,010 | 0 | 5.28% | 0.00% | ||
| Adviesbeheer Gimv |
226,570 | 0 | 0.75% | 0.00% | ||
| Venture Capital 2010 NV | ||||||
| Biotech Fonds |
2,494,813 | 0 | 8.31% | 0.00% | ||
| Vlaanderen | ||||||
| TOTAL | 4,307,393 | 0 | 14.35% | 0.00% |

Sofinnova Partners S.A.S. has announced that, on 2 July 2021, it held 4,226,962 shares of Biotalys NV, representing 14.08% of the total number of voting rights.
The notification dated 9 July 2021 contains the following information:
| Voting rights | Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to | Not | Linked to | Not | |
| securities | linked to | securities | linked to | ||
| the | the | ||||
| securities | securities | ||||
| Sofinnova Partners S.A.S. | 4,226,962 | 0 | 14.08% | 0.00% | |
| TOTAL | 4,226,962 | 0 | 14.08% | 0.00% |
ParticipatieMaatschappij Vlaanderen NV has announced that, on 2 July 2021, it held 2,494,813 shares of Biotalys NV, representing 8.31% of the total number of voting rights.
The notification dated 14 July 2021 contains the following information:

| Voting rights | Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to | Not | Linked to | Not | |
| securities | linked to | securities | linked to | ||
| the | the | ||||
| securities | securities | ||||
| Vlaamse Gewest | 0 | 0 | 0.00% | 0.00% | |
| ParticipatieMaatschappij Vlaanderen NV |
2,494,813 | 0 | 8.31% | 0.00% |
• The Flemish Region (het Vlaamse Gewest) holds 100% of the shares in ParticipatieMaatschappij Vlaanderen NV (PMV NV). PMV NV holds 100% of the shares in Biotech Fonds Vlaanderen NV which on its turen holds 8,31 % of the shares in Biotalys. This participation however is managed by Gimv NV. A possible divestment shall be submitted to Biotech Fonds Vlaanderen NV, but if this meets certain pre-defined criteria the necessary mandates shall be provided.
K&E BV has announced that, on 2 July 2021, it held 1,867,837 shares of Biotalys NV, representing 6.22% of the total number of voting rights.
The notification dated 14 July 2021 contains the following information:
| Voting rights | Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to | Not | Linked to | Not | |
| securities | linked to | securities | linked to | ||
| the | the | ||||
| securities | securities | ||||
| Koen Quaghebeur | 0 | 0 | 0.00% | 0.00% | |
| Els Paesmans | 0 | 0 | 0.00% | 0.00% | |
| K&E BV | 1,867,837 | 0 | 6.22% | 0.00% | |
| TOTAL | 1,867,837 | 0 | 6.22% | 0.00% |
• K&E BV is controlled by Mr. Koen Quaghebeur (50%) and Mrs. Els Paesmans (50%).

Biovest NV has announced that, on 2 July 2021, it held 2,048,798 shares of Biotalys NV, representing 6.82% of the total number of voting rights.
The notification dated 14 July 2021 contains the following information:
| Voting rights | Previous notification | After the transaction | |||
|---|---|---|---|---|---|
| # of voting rights | # of voting rights % of voting rights |
||||
| Holders of voting rights | Linked to | Not | Linked to | Not | |
| securities | linked to | securities | linked to | ||
| the | the | ||||
| securities | securities | ||||
| Stefan Mariën | 0 | 0 | 0.00% | 0.00% | |
| Sniper Invest SA | 0 | 0 | 0.00% | 0.00% | |
| Frederic Mariën | 0 | 0 | 0.00% | 0.00% | |
| Fontana Invest SA | 0 | 0 | 0.00% | 0.00% | |
| Robin Devos | 0 | 0 | 0.00% | 0.00% | |
| Radium Invest SA | 0 | 0 | 0.00% | 0.00% | |
| RMM SA | 0 | 0 | 0.00% | 0.00% | |
| Biovest NV | 2,048,798 | 0 | 6.82% | 0.00% | |
| TOTAL | 2,048,798 | 0 | 6.82% | 0.00% |
• Biovest NV is 100% owned by RMM SA, which is ultimately owned by Sniper Invest SA (ultimately owned by Stefan Mariën), Fontana Invest SA (ultimately owned by Frederic Mariën), and Radium Invest SA (ultimately owned by Robin Devos), each for one third.
Madeli participaties B.V. has announced that, on 2 July 2021, it held 1,948,798 shares of Biotalys NV, representing 6.49% of the total number of voting rights.
The notification dated 12 July 2021 contains the following information:

| Voting rights | Previous notification | After the transaction | ||||
|---|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | ||||
| Holders of voting rights | Linked to | Not | Linked to | Not | ||
| securities | linked to | securities | linked to | |||
| the | the | |||||
| securities | securities | |||||
| Maurits de Ruiter | 0 | 0 | 0.00% | 0.00% | ||
| Wouter de Ruiter | 0 | 0 | 0.00% | 0.00% | ||
| Henk de Ruiter | 0 | 0 | 0.00% | 0.00% | ||
| Madeli Participaties BV | 1,948,798 | 0 | 6.49% | 0.00% | ||
| TOTAL | 1,948,798 | 0 | 6.49% | 0.00% |
• Madeli Participaties BV is controlled by Madeli BV. The latter company is controlled for 33.33% each by the following entities: Fran-I BV (controlled by Maurits de Ruiter), BBG-II BV (controlled by Wouter de Ruiter) en Ermati-III BV (controlled by Henk de Ruiter).
Agri Investment Fund C.V.B.A. has announced that, on 2 July 2021, it held 2,158,708 shares of Biotalys NV, representing 7.19% of the total number of voting rights.
The notification dated 8 July 2021 contains the following information:

| Voting rights | Previous notification | After the transaction | ||||
|---|---|---|---|---|---|---|
| # of voting rights | # of voting rights | % of voting rights | ||||
| Holders of voting rights | Linked to | Not | Linked to | Not | ||
| securities | linked to | securities | linked to | |||
| the | the | |||||
| securities | securities | |||||
| HBB V.Z.W. | 0 | 0 | 0.00% | 0.00% | ||
| Agri Investment Fund C.V.B.A. |
2,158,708 | 0 | 7.19% | 0.00% |
The respective transparency notifications can be found on www.biotalys.com/investors.
Biotalys is an Agricultural Technology (AgTech) company focused on addressing food protection challenges with proprietary protein-based biocontrol solutions and aiming to provide alternatives to conventional chemical pesticides for a more sustainable and safer food supply. Based on its novel AGROBODY™ technology platform, Biotalys has developed a strong and diverse pipeline of effective products with a favorable safety profile that aim to address key crop pests and diseases across the whole value chain, from soil to plate. Biotalys was founded in 2013 as a spin-off from the VIB (Flanders Institute for Biotechnology) and was listed on Euronext Brussels on 2 July 2021. The company is based in the biotech cluster in Ghent, Belgium. More information can be found on www.biotalys.com.
Toon Musschoot, Strategic Communications Manager T: +32 (0)9 274 54 00 E: [email protected]
Consilium Strategic Communications Amber Fennell, Chris Gardner, Chris Welsh T: +44 (0)203 709 5700 E: [email protected]
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.