Ontex announces that it has entered into a binding agreement to sell its business in Pakistan to ASAIA Holding FZ. The transaction includes Ontex’s plant and business in Pakistan.

Ontex announces that Peter Vanneste, Chief Financial Officer at Ontex, has decided to leave Ontex early October 2023, to pursue a career opportunity outside the Group. His successor will be announced in due time. In the interim the responsibilities of CFO will be assumed by Gustavo Calvo Paz, CEO.

Ontex and Hygianis announce agreement for sale of Algerian business

In accordance with the requirements of Article 14 of the Belgian Law of May 2, 2007 on the disclosure of significant shareholdings in listed companies, Ontex Group NV (“Ontex”) discloses the notification of significant shareholdings that it has received on August 02, 2023.

Ontex H1 & Q2 2023 results: Strong execution results in continued improvement of margin and leverage, leading to full year outlook raise to high end of guidance.

Ontex will release its results for the second quarter and first half of 2023 at 07:00 Central European Time on Friday, July 28, 2023. Management will host a webcast for investors and analysts at noon CEST on the same day.

Ontex announces that it has reimbursed its €220 million euro term loan, with proceeds from its recently divested Mexican business activities. It also reached an agreement with the bank syndicate to extend its current revolving credit facility of up to €250 million, from June 2024 to December 2025.

On May 19, 2023, Black Creek Investment Management Inc. detained 2,483,000 Ontex voting securities or voting rights, representing 3.02% of voting securities, and thereby crossed upward the threshold of 3%.

Ontex held its annual shareholders' meeting today, followed by an extraordinary shareholders' meeting. All proposed resolutions were approved by the shareholders by a convincing majority.