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Ontex Group NV Major Shareholding Notification 2019

May 21, 2019

3985_mrq_2019-05-21_866ce4d9-26e7-4915-bf2b-04b4a7788092.pdf

Major Shareholding Notification

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PRESS RELEASE Regulated information

Ontex: Transparency Declaration Notification

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

Aalst-Erembodegem (Belgium), May 21, 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 May 14, 2019, Bank of America Corporation notified Ontex that it holds, as a result of the acquisition of voting securities or voting rights, 7,010,239 shares in Ontex and so has crossed the threshold of 5.00% of the total number of voting rights in Ontex to 8.51%.

On May 16, 2019, Bank of America Corporation notified Ontex that it had, as a result of sales of shares, 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: May 14, 2019 and May 16, 2019

Date Threshold Crossed: May 9, 2019 and May 10, 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 May 14, 2019:

(A) Voting rights Previous
notification
After the transaction
# voting
rights
# voting rights % of voting rights
Holders of
voting rights
Linked to
securities
Not linked
to
securities
Linked to
securities
Not linked
to
securities
Bank of America Corporation 0 0 0.00%
Merrill Lynch Professional
Clearing Corporation
0 0 0.00%
Merrill Lynch International 0 0 0.00%
Merrill Lynch, Pierce, Fenner &
Smith Incorporated
0 0 0.00%
BOFA Securities Europe SA 0 0 0.00%
Total 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,
National Association
Swaps 30/06/2020 21,100 0.03% cash
Merrill Lynch
Professional Clearing
Corporation
Rights of Use 14,994 0.02% physical
Merrill Lynch, Pierce,
Fenner & Smith
Incorporated
Rights to Recall 32,651 0.04% physical
BOFA Securities Europe
SA
Rights to Recall 54,668 0.07% physical
Merrill Lynch
International
Rights to Recall 535,641 0.65% physical
Merrill Lynch
International
Rights of Use 6,162,231 7.48% physical
Merrill Lynch
International
Swaps 23/04/2020 7,460 0.01% cash
Merrill Lynch
International
Swaps 30/04/2020 41,439 0.05% cash
Merrill Lynch
International
Swaps 31/12/2019 154 0.00% cash
Merrill Lynch
International
Swaps 10/02/2020 2,600 0.00% cash
Merrill Lynch
International
Swaps 15/05/2023 68,694 0.08% cash
Merrill Lynch
International
Swaps 31/01/2020 10,895 0.01% cash
Merrill Lynch
International
Swaps 19/10/2020 57,712 0.07% cash
TOTAL 7,010,239 8.51%
# voting rights % of voting rights
TOTAL (A + B) 7,010,239 8.51%

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

Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Merrill Lynch Professional Clearing Corporation, BofA Securities Europe SA and Bank of America, National Association are controlled by 'Bank of America Corporation' (see enclosure). Bank of America Corporation is not a controlled entity.

Notification of May 16, 2019:

(A) Voting rights Previous
notification
After the transaction
# voting
rights
# voting rights % of voting rights
Holders of
voting rights
Linked to
securities
Not linked
to
securities
Linked to
securities
Not linked
to
securities
Bank of America Corporation
Merrill Lynch Professional
Clearing Corporation
Merrill Lynch International
Bank of America, National
Association
BOFA Securities, Inc.
BOFA Securities Europe SA
Total
(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)

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

Merrill Lynch International, BoFA Securities Inc, Merrill Lynch Professional Clearing Corporation, BofA Securities Europe SA and Bank of America, National Association 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.

Please note as of TD 10.05.2019 the holdings under Merrill Lynch, Pierce, Fenner & Smith Incorporated have moved to the new entity BoFA Securities Inc. We have included the corporate structure of the new entity.

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

PRESS ENQUIRIES

Philip Ludwig +32 53 333 730 [email protected] 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.