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

Aalst-Erembodegem (Belgium), February 3, 2020 – 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 January 29, 2020, 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 Notification: January 29, 2020

Date Threshold Crossed: January 24, 2020

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 January 29, 2020:

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 going above the 5% exemption.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: investorrelations@ontexglobal.com

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

Contact

Gaëlle Vilatte
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+32 53 333 708

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gaelle.vilatte@ontexglobal.com

Philip Ludwig
INVESTOR enquiries
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