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Ontex Group NV Major Shareholding Notification 2019

Dec 30, 2019

3985_mrq_2019-12-30_e1752b2f-0efc-4960-b5c8-61c432f8260b.pdf

Major Shareholding Notification

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Ontex: Transparency Declaration Notification

Disclosure made according to the requirements of Article 14 of the law of 2 May 2007

Aalst-Erembodegem (Belgium), December 30, 2019 – Ontex Group NV ("Ontex") discloses the notification of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.

On December 24, 2019, Bank of America Corporation notified Ontex that it holds, as a result of the acquisition of voting securities or voting rights, 6,139,439 shares in Ontex and so has crossed the threshold of 5.00% of the total number of voting rights in Ontex to 7.46%.

On December 27, 2019, Bank of America Corporation notified Ontex that it had, as a result of the disposal of voting securities or voting rights, crossed below the threshold of 5.00% of the total number of voting rights in Ontex.

According to its obligation Ontex publishes the content of the notifications that it has received.

Date of Notifications: December 24, 2019, and December 27, 2019

Date Threshold Crossed: December 19, 2019, and December 20, 2019

Threshold Crossed: 5.00%

Notification by:

Bank of America Corporation Wilmington, DE (United States)
----------------------------- --------------------------------

Denominator on the date of notification: 82,347,218 shares

Voting rights and assimilated financial instruments:

Notification of December 24, 2019:

(A) Voting rights Previous
notification
After the transaction
# voting
rights
# voting rights % of voting rights
Holders of Linked to Not linked Linked to Not linked
voting rights securities securities

1

to to
securities securities
Bank of America Corporation 0 0 0 0.00% 0.00%
Merrill Lynch International 0 2,403,265 0 2.92% 0.00%
BofA Securities Europe SA 0 0 0 0.00% 0.00%
BofA Securities, Inc 0 0 0 0.00% 0.00%
Merrill Lynch Professional
Clearing Corporation
0 0 0 0.00% 0.00%
Total 0 2,403,265 0 2.92% 0.00%
(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
Settlement
Merrill Lynch
International
OTC Swaps over Basket 30/10/2020 6,850 0.01% cash
Merrill Lynch
International
OTC Swaps over Basket 30/04/2021 7,186 0.01% dash
Merrill Lynch
International
OTC Swaps over Basket 19/10/2020 1,428 0.00% cash
Merrill Lynch
International
OTC Swaps over Basket 31/01/2020 20,514 0.02% cash
Merrill Lynch
International
OTC Swaps over Basket 15/02/2023 1 0.00% cash
Merrill Lynch
International
OTC Swaps over Basket 19/10/2020 51,045 0.06% cash
Merrill Lynch
International
OTC Swaps over Basket 31/01/2020 6,103 0.01% cash
Merrill Lynch
International
OTC Swaps over Basket 17/03/2021 20,300 0.02% cash
Merrill Lynch
International
Right to Recall 14,319 0.02% physical
Merrill Lynch
International
Rights of Use 3,557,385 4.32% physical
BofA Securities
Europe SA
Right to Recall 16,343 0.02% physical
BofA Securities
Europe SA
Rights of Use 9,016 0.01% physical
Merrill Lynch
Professional
Clearing
Corporation
Rights of Use 24,496 0.03% physical
BofA Securities,
Inc.
Right to Recall 1,188 0.00% physical
TOTAL 3,736,174 4.54%
# voting rights % of voting rights
TOTAL (A + B) 6,139,439 7.46%

Full chain of controlled undertakings through which the holding is effectively held

Merrill Lynch International, BofA Securities Europe SA, BofA Securities, Inc and Merrill Lynch Professional Clearing Corporation are controlled by "Bank of America Corporation" (see enclosure). Bank of America Corporation is not a controlled entity.

Additional information

The trigger for the notification is due to the trading book holding going above the 5% exemption.

Notification of December 27, 2019:

(A) Voting rights Previous
notification
After the transaction
# voting
rights
# voting rights % of voting rights
Holders of
voting rights
Not linked
Linked to
to
securities
securities
Linked to
securities
Not linked
to
securities
Bank of America Corporation 0 0 0 0.00% 0.00%
Merrill Lynch International 2,403,265 0 0 0.00% 0.00%
BofA Securities Europe SA 0 0 0 0.00% 0.00%
BofA Securities, Inc. 0 0 0 0.00% 0.00%
Merrill Lynch Professional
Clearing Corporation
0 0 0 0.00% 0.00%
Total 2,403,265 0
0
0.00% 0.00%
(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
Settlement
Bank of America
Corporation
TOTAL
# voting rights % of voting rights
TOTAL (A + B) 0 0.00%

Full chain of controlled undertakings through which the holding is effectively held

Merrill Lynch International, BofA Securities Europe SA, BofA Securities, Inc and Merrill Lynch Professional Clearing Corporation are controlled by "Bank of America Corporation" (see enclosure). Bank of America Corporation is not a controlled entity.

Additional information

The trigger for the notification is due to the trading book holding going below the 5% exemption.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: [email protected]

This notification will be posted on:http://www.ontexglobal.com/press-room

INVESTOR ENQUIRIES

Philip Ludwig +32 53 333 730 [email protected]

PRESS ENQUIRIES

Gaëlle Vilatte +32 53 333 708 [email protected]

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 Ontex brands such as BBTips, BioBaby, Pompom, Bigfral, Canbebe, Canped, ID and Serenity, as well as leading retailer brands.

Employing 11,000 passionate people all over the world, Ontex has a presence in 21 countries, with its headquarters in Aalst, Belgium. Ontex is part of the Bel20 and STOXX® Europe 600.

To keep up with the latest news, visit www.ontexglobal.com or follow us on LinkedIn, Facebook, Instagram and YouTube.