Ontex Group NV today announces it is proposing to its shareholders to significantly strengthen and diversify its Board of Directors, adding talent and experience in the personal hygiene and retail sectors, ESG/sustainability, procurement, finance and governance. Under the proposal the Board welcomes two new independent directors and four directors nominated by the Company’s two major shareholders.

On January 4, 2021, Zadig Asset Management SA notified Ontex that as a result of the disposal of voting securities or voting rights, it holds no shares in Ontex and has so crossed below threshold of 3.00% of voting securities in Ontex on January 4, 2021 to 0.00%.

On December 29, 2020, Janus Henderson Group plc notified Ontex that it holds, as a result of the disposal of voting securities or voting rights, 2,453,210 shares in Ontex and has so crossed below threshold of 3.00% of voting securities in Ontex on December 24, 2020 to 2.98%.

The Board of Directors of Ontex has appointed Mrs. Esther Berrozpe Galindo as new Chief Executive Officer, with effect from January 1, 2021. On that date, Mrs. Berrozpe will succeed Mr. Thierry Navarre, who has been acting as interim CEO since July 30, 2020.

Ontex today announces changes to its Board of Directors and the creation of a Strategy Committee as the company continues to sharpen its strategic focus.

On August 13, 2020, DWS Investment GmbH notified Ontex that it holds, as a result of the disposal of voting securities or voting rights, 2,333,905 shares in Ontex and has so crossed below threshold of 3.00% of voting securities in Ontex on August 7, 2020 to 2.83%.

On August 6, 2020, Bank of America Corporation notified Ontex that as a result of the disposal of financial instruments that are treated as voting securities, it has crossed below the threshold of 3.00% of the total number of voting rights in Ontex on July 31, 2020.

On August 7, 2020, DWS Investment GmbH notified Ontex that it holds, as a result of the acquisition of voting securities and equivalent financial instruments, 2,641,340 voting rights in Ontex that may be acquired if the instruments are exercised, and so has crossed above the threshold of 3.00% of the total number of voting rights in Ontex on August 4, 2020 to 3.21%.

On August 4, 2020, Bank of America Corporation notified Ontex that it holds, as a result of the disposal of voting securities and the acquisition of equivalent financial instruments, 8,206,771 voting rights in Ontex that may be acquired if the instruments are exercised and so has crossed below the threshold of 10.00% of the total number of voting rights in Ontex on July 30, 2020 to 9.97%.

Ontex Group NV, a leading international provider of personal hygiene solutions, discloses that Charles Bouaziz is stepping down from his role of Chief Executive Officer of Ontex, with effect from July 30, 2020. Thierry Navarre has been appointed Chief Executive Officer ad interim.